Business for Shared Prosperity

7 Amazing Super Committee Headlines You'll Never See

By Richard (RJ) Eskow
Huffington Post, Nov 21

Excerpt: We keep hearing that "business" wants these cuts, but that's only true for the mega-corporations and billionaires that dominate the Washington conversation. What do the other businesses say, the ones that hire people and help to grow the economy?

As Business For Shared Prosperity reports in a new press release, some savvy business leaders are celebrating the "defeat."

"Demand drives business, not tax cuts," said Lew Prince, said the managing partner of a St. Louis music store. "I hire more workers if I think I'll do more business." Austerity cuts means a stagnating economy. That means people don't buy as much as they once did at Lew Prince's store. And that means fewer jobs.

Frank Knapp, president and CEO of the South Carolina Small Business Chamber of Commerce and Vice Chairman of the American Sustainable Business Council, was even more blunt: "I'm sick of people who wrecked the economy and their defenders in Congress blaming others for killing jobs. The high-end Bush tax cuts are a big part of the problem ... We need revenue for real job creation and economic renewal, not more job-killing budget cuts, job-killing corporate tax dodging and job-killing millionaires and billionaires not paying their fair share of taxes."

Real business leaders know what's needed in their world, the real world: investment in growth and jobs. Both parties chose to focus on the secondary problem of deficits once again, and they did so knowing that the GOP's primary goal is to sabotage Obama, not solve problems.

http://www.huffingtonpost.com/rj-eskow/superfail-7-amazing-super_b_1106125.html