From Bad News to Worse

Posted for discussion on the SLSBMG Linked In page is an article written by Alan Reynolds a senior fellow at the CATO Institute and the author of Income and Wealth, “The ‘Stimulus’ Actually Raised Unemployment” gleans its conclusion from the figures published from the Congressional Budget Office.

The CATO Instiute is a nonpartisan economic and constitutional think tank. For a CATO senior fellow to draw this conclusion from the accounting data about the effects of the “Stimulus” spending is an eye opening experience. This is clearly not what any American sends any elected representative to Washington for.

Clearly partisan regulation is damaging the economy. This clearly demonstates how harnful the current HealthCare regulation passed before Scott Brown was elected is for our economy. It should not be considered for the simple majority reconciliation process.

http://www.1040WealthDesigns.com

SLSBMG in the News!

The St. Louis Small Business Meetup was featured by Steve Giegerich of the St. Louis Post Dispatch. The article “Small Businesses slow to hire” is about the provision in the latest jobs bill that would give small business owners a break on the employer’s side of social security and medicare contributions for hiring an unemployed worker.

Jordan Kimberg of LetsGet.net and John Beidle of 1040 Wealth Designs, LLC received substantive quotes as to the benefit and impact on hiring desisions of this latest piece of economic stimulus. This piece of legislation passed the US Senate today.

Details of how to qualify as an eligible small business, how to qualify a potential employee and how to implement this for your payroll if you do hire an employee will be coming after the President signs this latest spending bill into law.

The Kirkwood restaurant mentioned as the place for the Feb. 16th meeting was Amici’s. Will Aschinger of Hilliker Corporation was featured in the photo with John Beidle of 1040 Wealth Designs, LLC taken during a tax planning session.