George McGovern Learns Why Small Businesses Fail

An excellent albeit lengthy write-up about why there are no jobs.

The Arts Mechanical

A long time ago George McGovern ran into blue state Connecticut and his business failed.  He explains why here.

http://www.forbes.com/sites/bruceupbin/2011/06/14/how-to-create-jobs-by-george-mcgovern/

From “A Politician’s Dream Is a Businessman’s Nightmare”, by George McGovern, WSJ, June 1992:

In 1988, I invested most of the earnings from this lecture circuit acquiring the leasehold on Connecticut’s Stratford Inn. … In retrospect, I wish I had known more about the hazards and difficulties of such a business, especially during a recession of the kind that hit New England just as I was acquiring the inn’s 43-year leasehold. I also wish that during the years I was in public office, I had had this firsthand experience about the difficulties business people face every day. That knowledge would have made me a better U.S. senator and a more understanding presidential contender.

Today we are much closer to a general acknowledgment that government must encourage business to expand and…

View original post 3,667 more words

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s