Hillary Clinton in Iowa: I Want To Be A Small Business President

[brooklynite]

http://blog.4president.org/2016/2015/05/hillary-clinton-in-iowa-i-want-to-be-a-small-business-president.html

At a roundtable with small business owners in a bike shop in Cedar Falls today, Hillary Clinton discussed the groundwork for her plan to alleviate the burdens of starting and running small businesses in America. Clinton’s focus on small businesses will continue to be a crucial component of her fight to help families get ahead and stay ahead.

Clinton outlined four key elements of the plan: cutting red tape for small businesses and entrepreneurs, expanding access to capital, simplifying taxes and implementing tax relief for small businesses, and expanding access to new markets.

Specifically, Clinton focused today on providing relief to community banks that are being squeezed by regulations that don’t make sense for their size and mission and doing it without harming consumers. She also criticized Republican proposals that would roll back critical protections for Americans against the excesses of Wall Street’s biggest banks.

A transcript of her remarks is included below:

[libdem4life]

1. Oh, this is rich. Pun intended. Just read Bernie's list of 18 corporate scofflaws

http://www.democraticunderground.com/10026694804

This is heating up quickly.

[MineralMan]

3. What, I wonder, does that have to do with what Clinton said?

Can you explain? The two are talking about completely different things.

There's no conflict in this. The subjects are different. Did you read Clinton's actual remarks? She was talking exclusively about small businesses. Sanders was talking about huge corporations. Let's compare similar things, OK?

Your post is completely off this topic.

[libdem4life]

10. Of course I did...It was a bit striking that the major sponsors and FOB&H are pretty comparable to

Bernie's List. My mind took a leap from one to the other and made the connection. (I'm still undecided, but leaning now.)

Words and what's on the record ... before or after ... are often two or three different positions. Bernie takes names and numbers. Hillary nuances everything up and has not spoken much to these issues...that I've noticed, anyway, until Bernie and Elizabeth started shaking the Progressives awake and getting press. Also, note the venue ... I doubt she charged them her "usual speaking fee".

I see her as a Hillary Come Lately or Me Too...way too much. At least she's been listening, but the wet finger in the air positions aren't impressive...or lasting, IMO

[MineralMan]

15. I'm listening to what the candidates are saying.

I'm a big fan of Senator Sanders. I see nothing connecting his remarks to Clinton's remarks. Different subjects altogether. I'm sure he's in favor of helping small businesses, too. But that's not what he was talking about. I tend to compare like with like.

Good luck to you.

[libdem4life]

22. Both are speaking to the business community...it's relevant. While he's calling out her friends,

she's talking to the victims of her friend's banking practices, with a grand plan. Trust her, she's going to tell her friends to play nice, once she's President.

Also, what's becoming a DU disclaimer...I'll vote for the Democratic candidate whoever that is.

[hfojvt]

35. Has there ever been a politician

who didn't pay lip service to small business?

Funny thing is, in the definition of "small" it includes a whole lot of large businesses.

And Hillary, as usual, carried the Norquist anti-tax message.

"Second, we need to simplify tax filing and provide targeted credits and deductions for small businesses, "

When I close my eyes, that sounds like Sam Brownback talking. Why he completely eliminated taxes for small businesses in Kansas.

Happened to give much of the money to rich people when he did it, but I am sure that was just an accident. I am not a betting man, but if I was, I would bet that when all is said and done, Hillary's proposals on that will mostly benefit rich people too.

[elehhhhna]

42. tax relief to biz to create jobs? fucking republican platform crap.

From the year 2000

[DemocratSinceBirth]

47. Why is it a bad idea to incentivize small businesses to hire people?

I would set it up where if they hire the unemployed or first time workers and provide training they get a tax credit.

[Nay]

55. Well, mainly because it doesn't work. Businesses learn quickly to game the system by

rotating workers in and out so they can get money for 'new workers.' They get money for training that often isn't carried out or is very superficial. They get to pay reduced wages (taxpayers pick up the rest) and then get to fire the person when 'they didn't work out.' It's an elaborate giveaway to businesses that, often as not, are not small business.

[MineralMan]

2. Reading the transcript, I like what she said.

How many will take the time to read it? I have no idea.

[MaggieD]

4. She's right on about that

About time a candidate stood up for small businesses. Bravo! And she is exactly right about the changes that need to be made.

[MineralMan]

5. I have had several small businesses. The complexity

of that caused me to avoid doing many things, including hiring people. I kept my businesses to what I could do by myself. There was no chance to borrow for those businesses. I had to beg just to get a merchant account so I could accept credit card payments. My bank, Wells Fargo, actually laughed at me when I asked about that subject.

So, I stayed a one-person business for each of them. Growing was not really possible, since I would have had to spend more time dealing with paperwork than business.

[MaggieD]

8. I hear you on that!

It is hard given all the regulations. I managed to do it, but it was a lot of hassle. Politicians that say they are pro-business almost always end up being pro BIG business. Nice to hear at least one of them say they understand what needs to be done to help SMALL businesses. My congress person is that way too, and I really appreciate her for that. Trouble is nothing gets through congress these days.

[MineralMan]

14. My businesses have been successful. My current business is as well.

My decision to stay small, with just myself involved, was based on how much time I'd have to spend doing paperwork, rather than actually doing business. I decided that I'd be happier just working for myself, doing all of the tasks required. That worked OK, but I could have grown, had I been willing to take on the additional hassles.

My decision was not to do that. I'm probably a happier person for it, but not as well-off as I might have been had I actually worked to grow the businesses. If, instead of bootstrapping them all, I might have borrowed capital to grow. That would have been necessary, since the small scale limited what was feasible.

Oh, well. I did what I did, and made the decisions I made. Too late to rethink things now.

[Jackpine Radical]

30. I did pretty much the same in my private forensic practice.

Became a single-owner LLC & occasionally paid a Masters-level guy with lots of experience to function as my psychometrician for a few hours now & then on demand, as an independent contractor. I would send him out to jails or wherever to do the psych testing before I met with the examinees. I could never have afforded an actual hourly employee, nor kept one busy. After a few occasions of overloading myself with work, I learned to keep it at a comfortable level. I didn't get rich, but I never intended to.

[MineralMan]

41. My habit has been to start a new business

every ten years or so, completely different from the previous one. I'd piggy back it on the other business, and then switch to it and let the other one go. It was interesting, because I learned something new each time. All along, though, my magazine writing continued, providing a reliable cushion. It was fun, interesting and kept me on my toes and learning constantly. No riches, though.

[Jackpine Radical]

54. Nice trick, but I got myself sort of overspecialized.

And then dug myself in deeper.

The one thing I can say is that at one time or another, I filled most of the roles available to a psychologist--academic researcher, hospital practice, supervised a number of outpatient clinics, outpatient assessment & therapy, chief regional psychologist in Corrections, and the last 8 years in a private criminal forensic practice.

I walked away from it all at the end of this past January & am having no problem keeping myself occupied.

[jwirr]

6. Have things really changed that much? Small businesses are as likely to vote R as not. Even when

it hurts them they tend to support R economics. Or at least that is the way it used to be.

[MineralMan]

7. That's not really so. I've been a small business person,

and have known many others. Most were Democrats. Besides, small businesses don't vote. People vote. Small business owners vote. Their employees vote. Your statement is, I think, too general. Some small business owners for for Republicans. Others vote for Democrats. General statements without qualifiers are pretty much usually incorrect. You'll find many small business owners right here on DU.

[jwirr]

16. You are right - but try growing up in Iowa. It was mostly a red governed state. And much of it still

is.

[MaggieD]

11. No, I disagree

Small business owners are just as apt to vote D as they are R. I do business to business consulting (all small businesses) and my clientele is pretty equally mixed when it comes to which party they prefer.

Heck, she might even attract some typically R small business owners since no other candidate is talking about how to help small businesses.

[KamaAina]

9. So Goldman Sachs is a small business?

And Walmart, of which she was once on the board?

[DemocratSinceBirth]

13. You're better than that, my compatriot./NT

[MineralMan]

17. Again, what did she say today?

Did you read her remarks?

[KamaAina]

25. I'm comparing what she said today to her corporate past.

[InAbLuEsTaTe]

28. Talk is cheap; actions speak louder than words.

[DemocratSinceBirth]

12. She is running a strategically and tactically brilliant campaign.

She is addressing the concerns of traditional Democratic constituencies while trying to reach new ones, all while the Republicans are flailing away.

[MineralMan]

19. She's on track with her goals right now.

She's talking to small business people today.

[Iliyah]

21. GOP telling their base that Jesus would be a Republican bulls**t

And that errr, Iraqi was or wasn't a mistake? And, its all Obama's fault! Further, Benghazi, E-Mail Gate and HRC's secret ancestral beginnings while being a women.

The end of times!

[cherokeeprogressive]

18. "At a roundtable with small business owners..."

We could have expected her to say exactly that.

[MaggieD]

20. Well except she was very explicit....

About the steps that she would take. If she was just blowing smoke I can't see why she would be that specific.

[Doctor_J]

23. These "solutions" sound like they could have come from Heritage or Cato verbatim

cutting red tape for small businesses and entrepreneurs - Get government bureaucrats off my back!
expanding access to capital - I like this one, I think
simplifying taxes and implementing tax relief for small businesses - tax cuts? tax relief?
expanding access to new market - Guess that clears up her TPP stance

Idea sounds great, but the language of the solutions is too libertarian for my taste

[DemocratSinceBirth]

24. Say some regular Joe or Jane wants to open a pizza parlor.

Doesn't it make sense to make it as easy for him or her as possible?

[Jackpine Radical]

31. Not if you're Herman Cain.

[JanMichael]

33. what does "easy" mean? nt

[DemocratSinceBirth]

34. It shouldn't be unnecessary burdensome...

My old man had a ninth grade education. He was for all intents emancipated at fifteen years old...Later in his life he opened up a candy store...I'm glad entry wasn't unnecessary burdensome.

[JanMichael]

40. unnecessary burden? that is undefined. name a large common one please. nt

[JonLP24]

29. Regulations and getting this or that

is very difficult when starting a small business. I wouldn't mind sensible solutions but I know someone who started an auto glass business and it wasn't easy starting up and keeping it difficult for entrepreneurs just creates more of a monopoly for the bigger businesses. That said, I support Sanders too.

[JanMichael]

32. yep red tape like keeping a freezer at a certain temp to prevent disease and codes for making...

...sure circuits and breakers are safe.

I agree the language is lousy.

[randys1]

26. Red tape for small business is designed to keep them out of business so rightwing owned

big business can continue to own everything, like Walmart.

[hrmjustin]

27. Good for her. Small businesses can use an advocate.

[One_Life_To_Give]

36. Sm Buis = 500 Employees or $7.5 Million in receipts

If you are like me I think of small business as fewer than 20 employees. A Mom and Pop convenience store for example. 500 employees is not big nor is it small. Their problems IMO are distinctly different from a place with 5 employees though.

Note numbers taken from US Small Business Administration

[moondust]

37. She made $30 million in the past 16 months.

Can really relate to small business.

[Wilms]

38. Surreal. n/t

[hootinholler]

43. She's a third of the way there

She's got the business part. I don't know how she's going to get smaller or be president.

[DemocratSinceBirth]

44. She going to be president by kicking her Republican opponent's ass seven fucking ways to Sunday...

She going to be president by kicking her Republicant opponent's ass seven fucking ways to Sunday, that's how...

[hootinholler]

46. I seriously doubt that she will be the nominee. n/t

[DemocratSinceBirth]

48. A thousand dollar verifiable donation to the charity of the winner's choice she wins the nomination*

Here's the charity I want my donation to go to:

http://sabancommunityclinic.org/



Game


Set


Match



* I don't have much money at all but i will start saving now just in case...

[hootinholler]

49. No thanks

Oh, and about the game set match thing?

Bull

Fucking

Shit

[DemocratSinceBirth]

50. Thought so...

Find an interlocutor who walks around with a "kick me " sign on his ass...I don't walk around with one in real life and sure as Hell aren't going to walk around with one on the "internets"

[hootinholler]

51. Have a great night

I don't play well with bullying tactics.

[DemocratSinceBirth]

52. Have a great night as well.

I don't play well with passive aggressive tactics.

[Autumn]

45. .

[Thinkingabout]

53. Thanks for your post, small businesses does not have the lobby power of big businesses.

It is very hard to start a business and the owners makes great sacrifices to get the business off the ground. To give assistance to the small businesses to get going by making funding available without a lot of red tape would be great.