Uncertainty in Washington Keeps Businesses From Hiring
July 15, 2011
President Barack Obama answers questions about the ongoing budget negotiations during a press conference in the Brady Briefing Room of the White House, in Washington, DC, July 15, 2011
At Carlos Interiors in Crofton, Maryland, company owner Cristina Uria sees a glimmer of hope. Business is up 15 percent from last year.
In 2008, when the recession began, Uria's business dropped 60 percent. Like many small business owners, she had to make painful decisions in order to remain open.
“We had to let go probably about four people," said Uria. "During this recession, companies have needed to become leaner and meaner. Any extra fat that we had, and extra expenses, we needed to cut them off.”
Uria said there were months when no one walked through the door at her design center. With more than 25 years in business, it was her established clients that kept her afloat. Even though business is picking up, she said she is not ready to hire new employees.
“The government in Washington is not giving us the right signals,” she said.
Uria cites the long, drawn out negotiations between the White House and Congress over raising the debt ceiling as an example. She said rhetoric on both sides adds to the confusion.
“The House cannot pass a bill that raises taxes on job creators,” said Speaker of the House John Boehner.
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