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The War On Success: Why America Is Doomed

Tyler Durden's picture




 

This is the war on success that our government is waging. They are almost trying to make the economy worse by putting companies out of business. To Quote Jim Clifton of Gallup:

Our leadership keeps thinking that the answer to economic growth and ultimately job creation is more innovation, and we continue to invest billions in it. But an innovation is worthless until an entrepreneur creates a business model for it and turns that innovative idea in something customers will buy. Because we have misdiagnosed the cause and effect of economic growth, we have misdiagnosed the cause and effect of job creation.

 

For the first time in 35 years, American business deaths now outnumber business births.

 

Let's get one thing clear: This economy is never truly coming back unless we reverse the birth and death trends of American businesses. It is catastrophic to be dead wrong on the biggest issue of the last 50 years -- the issue of where jobs come from...when small and medium-sized businesses are dying faster than they're being born, so is free enterprise.

 

And when free enterprise dies, America dies with it.

Mike Maloney explains...

 

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Tue, 02/24/2015 - 22:02 | 5825062 SmallerGovNow2
SmallerGovNow2's picture

I like Mike.  Common sense.  Smart guy.  Good intentions...

Tue, 02/24/2015 - 22:07 | 5825077 g'kar
g'kar's picture

All is well

Tue, 02/24/2015 - 22:10 | 5825093 RaceToTheBottom
RaceToTheBottom's picture

With the political purchasing program presently in the US, cronyism has replaced entrepreneurialism.

The Banksters have won

 

Wed, 02/25/2015 - 00:01 | 5825481 2handband
2handband's picture

No other outcome possible. If there's a way to prevent wealth from being leveraged into poltical power, I have yet to hear of it.

Tue, 02/24/2015 - 22:12 | 5825101 Westcoastliberal
Westcoastliberal's picture

All the regulatory legal shit is processed by big business to ensure small business can't compete.  When they enact TPPT or whatever the fuck they're calling it, even small business will need a steady legal connection to make sure the business isn't infringing on some biz in Bangladesh.  I'm sure lots of Bangladshi lawyers are sharpening their knives for the lawsuit bloodbath.  These lobbyists and their sponsoring multi-national corps want to atomically level the playing field worldwide, which is why the "agreement" is such a fucking secret.

Tue, 02/24/2015 - 22:22 | 5825137 Diablo
Diablo's picture

Ahhh, yes, Mike Baloney. Some of his greatest hits...

June 2014: "Why Bitcoin is wonderful"

Apr 2013: "gold at $20,000"

Mar 2011: "the USD has cancer"

Oct 2010: "gold at $15,000 silver at $1500"

 

 

 

Wed, 02/25/2015 - 07:31 | 5826187 1stepcloser
1stepcloser's picture

where can I find your titles Diablowme

Tue, 02/24/2015 - 22:37 | 5825182 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Naturally. Every new business is a threat to the wealth and power of the already rich. 

Tue, 02/24/2015 - 23:40 | 5825408 rejected
rejected's picture

The American Republic died with the unCivil war. The bankers moved in and consolidated in 1913. By 1944 they were in control with Bretten woods. By 1971 they finally eliminated their arch enemy.... gold.

A few short years later only the corpse remains. All the energy, inventiveness and hard work sucked dry. All that's left is a multitude of squabbling factions competing for a piece of pie that no longer exists. It's gone,,, What hasn't been sucked up has been shipped out. What hasn't been shipped out isn't worth shipping out.

America is done. There is nothing left. The people are now skilless, clueless, broke and in debt up to their ears to the same cabal that ruined the nation,,, the banks and their fake money.

Before spring their must be a winter. The corpse must be buried and then a new beginning can take place. If history is correct,,, we'll do the same stupid shit again. Humans never learn. They just repeat the same old while telling themselves,

This time it'll be different.

 

Wed, 02/25/2015 - 02:30 | 5825910 g'kar
g'kar's picture

A fine summation

Wed, 02/25/2015 - 00:01 | 5825480 TheObsoleteMan
TheObsoleteMan's picture

We used to have a saying for whenever we were somewhere, and the people there all acted retarded. We would say:"What are they putting in the water around here?". Didn't realize just how close to the truth we where. Someone should tell this guy if he stays in California he will soon have no business! Thats the plan they have for us. Paul Wolfensohn told us to our face. AMERICA IS DOOMED. It's very simple: Too many Americans are lazy and stupid. That is a lethal combination. I could go on, but who really gives a shit?

Wed, 02/25/2015 - 00:24 | 5825532 johnberesfordti...
johnberesfordtiptonjr's picture

I wonder how much Maloney paid the Tylers for this ad placement.

Maloney’s interpretation of events consists of the usual “gubmint is the problem.”

All those terrible taxes on the poor entrepreneur and all those onerous regulations are killing small business.

This is sure to find a willing audience in ZH drones.

Business deaths in the U.S. are related to the following-

1. Death of the Middle Class (the triumph of capital over labor... current tax laws devalue labor)

2. Failure by government to take real anti-trust action against obvious predatory monopolies

3. The development of entrenched oligopolies in many industries (ex. banking, airlines, telecommunications, retail, etc.) and the failure of government to halt industry consolidation. All of this is enabled by regulatory capture. See # 2.

4. Failure to halt private equity capital merger and acquisition abuse (roll-up mergers, etc.)

5. Rigged tax laws that favor large corporations and Wall Street (regulatory capture again).

The U.S. is still a very business friendly place and taxation is relatively low; HOWEVER, demand is still weak (see # 1) and small businesses are being snuffed out in record numbers by large centralized organizations (the Wal-Mart effect) that dominate certain industries and they are consolidating to make themselves even larger (see 2,3, & 4).

Get ready to say goodbye to most local businesses such as contractors, funeral homes, medical/dental/vet clinics, restaurants, groceries, etc. The new businesses will have economies of scale and will be efficient but they will (eventually) face little competition and have great pricing power. This can now be seen in the banking (seen mortgage rates at a mega-bank lately?), airline (bought a ticket lately?), and telecommunications (checked your cable bill lately?) industries.

It’s not government regulation… it’s the FAILURE TO REGULATE that is at the heart of the problem.

Wed, 02/25/2015 - 04:29 | 5826052 JoJoJo
JoJoJo's picture

You make a good case for gumbint is the problem. Thanks. BTW THE Faa will be coming out with more intense drone regulations.

Wed, 02/25/2015 - 07:47 | 5826200 AynRandFan
AynRandFan's picture

So, more regulation is the answer?

I ran a small biz for 20 years and that is absolute bullshit. The hassle of all the regs governing employees makes hiring them a form of self torture.

Wed, 02/25/2015 - 01:02 | 5825644 Duck077
Duck077's picture

Why is anyone surpirsed.  It's been pretty obvious to us business owners.

Wed, 02/25/2015 - 01:18 | 5825677 semperfi
semperfi's picture

this is planned by the elites - they are succeeding wildly!  some sheep are waking up to that fact, but it will be too late -

"if God were suddenly condemned to live the life which He has inflicted on men, he would kill himself" -Alexander Dumas

Wed, 02/25/2015 - 01:41 | 5825808 Shitgum Suicide
Shitgum Suicide's picture

Between Mike Maloney and John Taylor Gato they have seriously altered my thought process of what it is I see going on in daily life.

No offense to my ZH brothas and sistas. Maloney was the one who broke down the federal reserve in an easy way to understand, kind of. He illustrated how completely fucked we are and he also predicted the collapse in oil.

Mr Gato really illustrates how are public education system is not about education. It's more about creating an obedient worker for gov and big business that is supportive of gov.

If more people watched his presentations about money we would at least be on the right track to pissing off enough people to do something about it.

Wed, 02/25/2015 - 01:48 | 5825823 lasvegaspersona
lasvegaspersona's picture

One more great APP and the economy will be healed.

Wed, 02/25/2015 - 02:48 | 5825899 Dre4dwolf
Dre4dwolf's picture

Its demographics, as the boomers die/retire . . .  businesses close there are more boomers/old people than young people.

So more old people dying/retiring than young people living/reproducing will mean more businesses closing/failing than new ones being made/succeeding.

All the old-farts kicking the bucket will displace a lot of young people working, and as such unemployment for people under 35 lets say . . . should rise.

Wed, 02/25/2015 - 09:52 | 5826540 jay28elle
jay28elle's picture

... I really don't think your theory holds water for a few reasons.  #1 - I doubt there was such as drastic increase in old people dieing that caused the death rate of business to dramatically incline a few years ago, #2 - study after study has proven that people are retiring later in life, with a marked increase in these being since the economic collapse, and #3 - there is no lack of available persons to backfil any retiring or dieing old farts (just look in the basements and Starbucks).  Oh, and don't forget the participation rate is worst than pretty-much ever.

The problems then, IMO, can not be blamed on availability of workers, but I think on what it NOW takes to recruit, train and retain productive employees.

Kids today, in general, do not want to get their hands dirty or work hard,

Kids today, in general, believe they are entitled to the luxuries instead of having to earn them

and lastely, being of an HR and personnel management background, the costs to recruit, train and retain productive workers, because of all these points above and obvious govt intrustions just makes it prohibitive for small business owners to risk their capital and livelyhood.  For the first time in the history of this country the odds are stacked against the small business owner, and purposely so.

 

Wed, 02/25/2015 - 03:24 | 5825977 damicol
damicol's picture

Its the most fundamental thing regarding the success or failure of any nation.

Its why communism and fucking socialism, will never work, Fucking worse than jihadist tow1el headed fuck wits are socialists. The most evil creed on the planet.

It is also why I off-shored,  not outsourced, but literally off-shored whatever  part of the business I could. All profits are now invoiced away  offshore and costs are way down and therefore zero US taxes anymore and a far higher margin. Enough to create price reductions and increased business. Its shit for the employees that had to go, but in the end it is survival of something or the whole fucking lot could come crashing down.

60 to 70 % cost savings  is average and the benefits on killing the bureaucracy is immeasurable. It is cheap, it is quick and  25 jobs can be off shored into your own company withing 3 months, and that means zero bureaucracy for those  new employees. No 401 K pension  fucking obummer carescam, no fucking taxes, and best of all it also means no fucking FATCA either.

Just survival as you slash costs and get your  wealth and assets in the shape of your profits and  business value out of the grasp of these retarded assholes.

I know the average SME owner doesn't have the knowledge or resources to it himself , but there are a growing number of specialist companies that do have the knowledge and the foreign legal and other bases covered too.

Any SME thinking of surviving should  get some serious research done and think hard about it.

 

Wed, 02/25/2015 - 05:00 | 5826078 Firewood
Firewood's picture

Much and all as I like Mike....His advice that "We gotta start voting...? 

 

Now that's pretty funny stuff as the gulag crumbles and people are "being disappeared" into black holes all around US.

Wed, 02/25/2015 - 05:37 | 5826110 honestann
honestann's picture

Mike is a great guy, but at this point in history, the only solutions are a widespread SHRUG (opposite of what he wants), or a vigorous armed revolution (human predator extermination).

Sorry, Mike, but you are way behind the curve on this issue.

The fact of the matter is, anyone who starts a business today in the USSA is flat out insane.  And, they support the worst predators the world has ever known.

Wed, 02/25/2015 - 07:35 | 5826190 AynRandFan
AynRandFan's picture

Success is rayciss. Gotta cleanse your dirty money through the great federal benefactor.

Wed, 02/25/2015 - 08:31 | 5826278 Meta_Consciousness
Meta_Consciousness's picture

I thought Clifton died when his plane drove into a snow plow on a night without snow?

 

Seriously, that this man is alive should prove that the powers that be are pretty naive.

Wed, 02/25/2015 - 09:39 | 5826491 kappal_toba_dhu...
kappal_toba_dhurr_ne_thook's picture

USA is finished.  Weknew that along time back  and got the hell out. I suggest you do too.

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