Government, Politics and the Economy
Survey: Poor Sales Lead to Business Closings
According to a recent NFIB survey, poor sales are the number-one problem afflicting America's small businesses. Moreover, few small business owners expect consumers to start spending again any time soon. CNNMoney.com
Fed to Keep Rates Steady and Slow Bond Purchases
The Federal Reserve is holding interest rates steady and intends to "slow the pace" of its emergency bond-buying program. USAToday.com
Management and Operations
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On the illegal immigration front, there are two things that you, the small business owner, need to understand. The first is that even if you live in a state that mandates the use of the federal E-Verify program to check job applicants’ immigration status, and you use it religiously and without fail, it won’t save your company from being raided by Immigration and Customs Enforcement (ICE). The reason for this is the second thing you need to understand about the centerpiece of US immigration enforcement: E-Verify doesn’t detect identity theft, a fact that has led to an explosion of—you guessed it—identity theft among illegal aliens.
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One of the things that the Federal Government is supposed to do is control immigration and over the last couple of years a great deal of hot air (let’s hope it wasn’t greenhouse gases) has come out of Washington on the subject. However, aside from a mix of photo-op posturing, disingenuous calls for action and whining platitudes, very little was accomplished other than tweaking the vocabulary to turn “illegal alien” into the more PC-compatible “undocumented worker.” I am sorry to say this Nancy, Harry, Ted, Gavin; these people are not"undocumented workers" they are, in point of fact, “illegal aliens.” They came into the country illegally, they are working illegally; they are criminals and now, in an effort to keep Immigration and Customs Enforcement (ICE) off their trail, they are making things worse by stealing the identities of American citizens!
Well, if the C... [Read Full Article]