How is political brinksmanship affecting businesses? Small firms may stand to benefit the most from a ‘certainty dividend’

During the 2012 presidential campaign, the Romney campaign cited research by economists Nick Bloom and Steve Davis, suggesting that a return to pre-financial crisis levels of economic uncertainty could create 2.3 million new jobs over 18 months, a sort of ‘certainty dividend’. Uncertainty over future tax bills and government spending, the theory goes, chills business’ decisions to invest in new plants and equipment or hire new workers. Resolving this uncertainty would give businesses the...

February Jobs Report: A Long Way to Go, But Some Encouraging Signs For Improved Job Growth

Today’s jobs report showed that last month businesses added 246,000 jobs, well above the 2012 average of about 190,000 jobs per month. And while the unemployment rate fell to 7.7%, about 130,000 people left the labor force. Though the economy has now added over 2 million jobs in the last 12 months, job growth is just keeping pace with population growth – the share of the population that is employed is the same as it was in February 2012. For businesses looking to hire, this means that...

5 things you need to know about the fiscal cliff deal

5 things you need to know about the fiscal cliff deal

A look at Business Forward’s 2012

A look at Business Forward’s 2012

If we go off the “fiscal cliff”…

Consumers will spend an estimated $200 billion less in our economy next year according to the President’s Council of Economic Advisers.

Business Forward President Jim Doyle on C-SPAN

Watch Business Forward President Jim Doyle on C-SPAN to see how business leaders are encouraging Washington to adopt a balanced approach to the fiscal cliff.

How Will the Fiscal Cliff Impact Our Innovation Economy?

Rebecca Bagley, President and CEO of Nortech and Business Forward participant, suggests that the sequester would seriously stunt innovation and tech global competitiveness. Read her blog, which initially appeared in Forbes, below: It is hard to hear a newscast these days without some mention of the impending fiscal cliff. By the end of the year, we could be facing a ‘perfect storm’ of tax cuts, tax breaks and spending cuts that will have a significant impact on the U.S. economic recovery,...

San Diegans must work together to soften ‘fiscal cliff’ blow

I was in the White House in early December for discussions regarding the federal budget and sequestration. These issues will have a significant impact on the national economy and on San Diego. I was reminded that San Diego needs a stronger voice in our nation’s capital on issues that impact our region. If Congress doesn’t act by the end of this year, a series of automatic changes to the tax code and the federal budget — collectively called the “fiscal cliff” and sequestration —...