I haven't ever worked for a poor person or institution. Not ever.
Rich people and rich companies hire people. Failed (poor) companies don't. Is that too difficult to understand? What am I missing? Punishing people and companies for making money does not inspire them to add employees to their rosters - does it? I don't think that it's too tough for a fifth grader to comprehend, but the White House seems completely mystified.
The US Senate reports that there are 4,257 new regulations being written. Of those 219 are economically significant. Would you be eager to hire amid that uncertainty?
We're in the Obama Administration's third "Summer of Recovery" and unemployment is going up - in many parts of America (I live in California) home prices continue to slide downward. It's good if you're buying. It's not good if you kept your wealth tied up in mortgage equity.
American growth is anemic - and the White House wants to saddle businesses and those people who hire others with higher taxes. Which is a not so subtle signal that they shouldn't hire. The solution is less government spending and no more blank checks for Obama, who spends money like a sailor on liberty in a whore house with somebody else's credit card.