MicroGroks
What is the right response to lockdowns? Lockdowns do indeed have costs. Some are financial and some of them are personal and health-related. There’s more than one way to wreck a life. For example:
If he sticks to his campaign promises Biden will soon pursue huge tax increases on top earners. It is yet to be seen how helpful a near even division in Congress will be to turning his vow into law.
This year started with so much hope for the best. It isn’t turning out that way. Those who were prepared for the worst are doing better than many of the others. So let’s stroll through the year and see what 2020 has wrought so far.
The House on Thursday rejected a Republican proposal to prevent significant business tax increases that are likely to hit on January 1. Unless legislators act between now and the end of the year, New Hampshire businesses that survive 2020 should prepare to begin paying higher tax rates in 2021.
From March 15th, days after the government restrictions went into crisis mode to May 9th, the latest reporting date at the NHES website, approximately 139,400 NH residents became unemployed. Based on our February workforce of about 780,200, that is just under an 18% unemployment level.
Before Chris Sununu took the bait and closed the state, Democrats were screaming for a shutdown. It doesn’t take a political genius to know why. The economy is their foil, and they believe that killing it improves their chances in November.
Democratic Representative Pramila Jayapal admits that she and her progressive colleagues are blocking the PPP legislation. They do not want to pass legislation providing relief to small businesses. They believe it more important to hold on to political leverage.
Soon after I had talked with Anne Copp, I ran into Ruth and asked if she had time for a quick interview: She not only is ticked that she has to protest to get her Rights back but that the Media has been lying to us (hey, Media, you listenin’?). And she, too, is worried …
It has been a week since the Senate attempted to add funding to the PPP. Speaker Pelosi and her Democrat acolytes are refusing to fund loans to save small businesses affected by the coronavirus pandemic. She refuses to acknowledge the government took away the right of these businesses to operate.
Do you own a small business or know someone who does? Small businesses are the engine of growth of the American economy. Most new job creation comes from small businesses. Innovation comes through small businesses.
