Obama praised furniture company goes under

[SparrowHawk]

Face it Obama is the dick of death for private enterprise. Everything he touches turns to excrement.

 

[KCFlyer]

Face it Obama is the dick of death for private enterprise. Everything he touches turns to excrement.

So you're one that would just sit in the recliner and let someone else pay taxes on their $250k?

 

[delldude]

So you're one of those guys who will forgo earning $250k becasue you don't like the tax rate. What do you settle for?

Food stamps

 

[Ms Tree]

250K salary is a drop in the bucket and not worth the hassle/expense/startup/insurance headache, responsibility IMO. Not to mention the continuing rising costs of goods and services with higher taxes, $250K will not go very far at all. And small business owners? well they are about to be a thing of the past...Obama wants everyone to work for a corporation or the government plain and simple.

No way to know how successful the businesses were or how large but in 2010 there were nearly 400,000 people who started business who would disagree with you.

 

[delldude]

Ten years before, this graph shows quite the decline.....wonder if it has anything to do with increasing government regulations?

 

[KCFlyer]

Ten years before, this graph shows quite the decline.....wonder if it has anything to do with increasing government regulations?

That's a rather Foxish statement. I tracked back to the website that image came from. I guess it was from 2008. I had trouble finding it, but the biggest concern that they seem to have these days is about financing. Couldn't find much on regulations being a hindrance. In fact, they had an artillr about 2012 being a pretty good year for small business financing
http://smallbiztrends.com/2013/01/2012-a-good-year-for-small-business-finance.html

 

[RDU Jetblast]

looks like Im late to this party because it is way off the original post. None the less,
read this in the Charlotte Observer this morning. I find it ironic.

http://www.charlotteobserver.com/2013/01/03/3763250/nc-furniture-industry-hurting.html

Obama didnt kill this company. Neither did regulations. Competition from China did and it began in the early to mid eighties. Most American furniture was made in the Lenoir/Hickory/Morganton area in the foothils of NC. Families sold the furniture companies to conglomerates who promptly moved them to Mexico and China. These areas had all their eggs in furniture and at one time, everyone was living well. People were well educated and well rounded. Today, the area is borderline decrepit. Incredibely low literacy and get this, everyone lives and dies by what they hear on talk radio. I cant imagine how many are on food stamps but I will bet around 50%.

I know because my wife grew up there, the daughter of a furniture maintenance man who knew the founder of the company who let my wife's family use both his beach house and mountain home....It was a simpler happier time.

 

[Dog Wonder]

How could these times be simpler?

 

[RDU Jetblast]

They cant

 

[700UW]

And yet the manufacturers are having problems finding skilled workers.

http://www.charlotteobserver.com/2013/01/03/3763250/nc-furniture-industry-hurting.html

 

[delldude]

Too much stick time on play station and not enough cutting, hammering and sawing anymore.

 

[777 fixer]

looks like Im late to this party because it is way off the original post. None the less,
read this in the Charlotte Observer this morning. I find it ironic.

http://www.charlotte...ry-hurting.html

Obama didnt kill this company. Neither did regulations. Competition from China did and it began in the early to mid eighties. Most American furniture was made in the Lenoir/Hickory/Morganton area in the foothils of NC. Families sold the furniture companies to conglomerates who promptly moved them to Mexico and China. These areas had all their eggs in furniture and at one time, everyone was living well. People were well educated and well rounded. Today, the area is borderline decrepit. Incredibely low literacy and get this, everyone lives and dies by what they hear on talk radio. I cant imagine how many are on food stamps but I will bet around 50%.

I know because my wife grew up there, the daughter of a furniture maintenance man who knew the founder of the company who let my wife's family use both his beach house and mountain home....It was a simpler happier time.

I have a Thomasville dresser that belonged to my Grandparents that's about eighty-five years old. Still good as new. Sadly you won't be able to say that about a lot of the stuff being made now.

 

[southwind]

Too much stick time on play station and not enough cutting, hammering and sawing anymore.

That and every kid wants to sit behind a keyboard or touch screen , for a living !

 

[RDU Jetblast]

I have a Thomasville dresser that belonged to my Grandparents that's about eighty-five years old. Still good as new. Sadly you won't be able to say that about a lot of the stuff being made now.

None of our furniture is less than 40 yrs old. We buy from estate sales or flea markets and and have them reupolstered to update or refinished. Upholsterers prefer old furniture for their quality we have been told many times. Before my F-I-L died, he brought a bunch of mohagany and marble he had in the basement from the old factory to a retired coworker and asked him to make a cabinet for us. He did, by hand, and we cherish it.