The tax disclosure of Mitt Romney , showing he paid just 14% on $21 million of income, improving economic conditions and the rising approval ratings of the President are potential obstacles to the Republican’s bid for the White House.
The President’s State of the Union address should focus on how to resolve the housing crisis, make home loans more accessible, encourage corporations to pay small biz suppliers more quickly and establish a National Commission on Black Unemployment.
Women business owners are gloomy about the economy but plan to increase hiring in 2012. Their two most important strategic objectives are improving management efficiency and product and service quality.
The cause of high unemployment is not the lack of job skills, it is the lack of jobs. Almost 75% of the jobs that have not been restored are in construction, retail and manufacturing; 22% of the unemployed are black workers.
The recession hurt employment in Hispanics/Latino-owned small businesses more than it did for any other race or ethnic group; 55% of Hispanic businesses cut their work force while 29% cut it by 50% or more.