"Economic growth happens when success and risk taking is rewarded and sloth and failure is not. But part of the spending spree that has been going on over recent years has involved bailing out and subsidizing failure – auto companies, banks, green energy. Yet successful small businesses are punished in this fiscal cliff bill. According to the Wall Street Journal, a 2011 Treasury Department study indicated raising taxes on incomes over $500,000 would affect about 750,000 small business and that according to one survey during the fiscal cliff talks, 29 percent of small business heads indicated the result would be less hiring and 32 percent indicated they would invest less. Meanwhile, not working is being subsidized by further extending unemployment benefits, already having been extended to a mind-boggling 99 weeks." — Star Parker, conservative Republican commentator, on the fiscal cliff deal
1/9 Quote Of The Day: Economic Growth
