Thursday, December 10, 2009

Society Needs Home Business Entrepreneurs

Corporations that were once untouchable giants of our society have either shut their doors completely downsized to a fraction of their employable size or have been bailed out by governments after being classified as too big to fail. The small businesses that had become the foundation to stabilize our working class societies are being over taxed in an effort to save those that are supposed to provide a trickle down effect on modern economies. The demand for set job skills and experience is far surpassed by the supply of those capable of filling the available positions. Many think that they can simply wait out recessionary times, but history tells us that recessions repeat themselves. When governments spend to elevate economies they are trying to create jobs both within the government regulated industries and the private sector.

This results in deficits. When governments decrease our taxes to elevate our economies it is an attempt to create more jobs by reducing the operating cost of the private sector thereby allowing businesses to employ more individuals through greater profits and ability to grow. In essence the latter is economics 101, you must reduce the size of the public sector to allow the private sector to grow; but the school of thought against that thinking has merit too. To place it in simple terms in the cold winter months you can always put more cloths on to stay warm, but in the hot summer months you can only take so much clothing off. It is a pick your poison remedy between deflation and inflation, and unless you are at the top levels of government your only society power is your ability to vote for the persons that appears to glimmer your views the closest.

Years ago the big corporations employed the majority of our working population. In more recent years the small businesses comprised to become the largest employment pool of our society. At time of this posting small business remains the primary creator of new jobs, however 60% of them are through the creation of new small businesses, much of which is single employment or self employment. The trend has begun toward the self employed home business owner being the majority. These individuals not of a collected group are becoming their own driving force by solitarily empowering themselves through home business ownership, and as such are creating the paradigm that will be the next driving force of our economies. People are coming to the realization that they are better at empowering themselves than society as a whole is at doing it for them.

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Article Source: http://EzineArticles.com/?expert=Warren_Waite

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