Political Gridlock Hurting Business Confidence

The debate in Washington continues over President Obama’s jobs bill, which, in part, involves incentives for employers to expand and hire more workers.Dave Owen, President of the South Dakota Chamber of Commerce and Industry, says the political bickering is not helping business confidence…

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Owen says government backed jobs programs often come with political twists…

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Owen says the debate over taxing the rich also has a trickle down effect to business owners…

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Owen says much of the slump in federal revenues is because many businesses don’t have profits right now that can be taxed.

(courtesy WNAX Yankton)