'Something isn't sitting well with small business owners'
The NFIB's latest small-biz sentiment survey is bleak. In short, the demand just will not materialize.
Plans to add to inventories were unchanged at a negative 7 percent of all firms (seasonally adjusted) – still more owners planning to reduce stocks than planning new orders. Only a pick-up in sales will turn this around. Seasonally unadjusted, 13 percent plan to add to stocks while 15 percent will reduce them.
SEE ALSO: Just how low the NFIB's readings are on a historical basis
What a surprise...the guys in
What a surprise...the guys in the best position to measure the pulse and have the most incentive to react are the ones in small business, and evidently the headlines and the spin on the "turnaround" don't reflect the reality on the ground. Bring back the supply side policies, cut taxes to stimulate growth, and then get the government meddlers and handlers to go away and let the market react.
(The bulk of the downside mess that is now occuring is the result of bad policy and gov't meddling, not free markets run amuck.) So there's my response to you control freaks to what I know is coming from you guys. At least go to the bank and cash your gov't handout checks so you'll be in a better mood before you start slamming me.