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-- watching football game tonight the before the football game can watch the president.
President Obama's hotly anticipated -- speech to again take place tonight and people really -- watching these small business owners.
They're feeling hopeful but also realistic a recent survey from -- by that we found that nearly half of all the small business owners.
Are holding their own -- ready to grow up if the climate is right additionally.
13 are already in growth mode which is good news and a departure from a lot of the doom and gloom we've been hearing lately so we're bringing now.
-- this -- not come.
The top concern.
Among small business owners while small business owners and I think the rest of us who are really concerned about the economy.
In this city -- -- 90% of them say that their top concern was that we are going to go back into a double dip recession.
And an additional 80% of that they are prepared if the economy -- easy to turn for the worse meaning that that last recession and I had a lasting impact.
-- Studied how their hurriedly preparing to take.
Go is not in -- making smart choices for their businesses and importantly downsizings.
Cutting back done that number employee exactly is a tough decision but it's reality sometimes with.
Yeah Ellison held this recent certainly is different from.
Some of the data that we've collected.
Until this is yet so I do a lot of reporting on small business optimism index is like the National Federation of Independent Business think your monthly optimism index and their entire.
Years' worth of indexes have been standing in recession territory.
Since -- night which is really not good that -- -- will be small business owners are just not feeling hopeful about the economy here that things are going to get better.
And also Wells Fargo just released their third quarter index.
Last month which -- covered and small business owners weren't feeling nothing zero their optimism like that here as they weren't feeling hopeful.
But they weren't feeling pessimistic either they were feeling nothing about the economy.
Their current situation or their futures situation for their business which really not a that they had -- -- -- yeah definitely so this is kinda nice departure from that that they are feeling that they're ready to -- and they're prepared for -- the times right but what do you think they're hoping to hear from the president tonight.
I think that there are looking to -- -- -- a lot of uncertainties surrounding tax is health -- a huge concern for small business owners and I -- you -- she -- change he's the head of small business banking at Citibank and she said that uncertainty in their top.
Here and that they really want to get some answers as far as taxes go and health care and anything that can help them plan more for the future as well I'm still is held here it'd be that they're looking for that they don't have is not mandated.
I think they just need more guidelines on.
How things are going to roll out every small business that I had an interview they only say they're concerned about the cost they don't know how much it's going to cost and they don't understand.
A lot they don't understand how it's going to impact their businesses and it's going to go into effect -- and -- they really need some more.
Some more information on.
Scott do you think that that's -- some of those sensible small business owners watching will get some specifics from the president and some of these concerns dictates report.
Well He will offer I think some more tax cuts incentives to hire.
And I think it's hard if you're an expression that a lot of uncertainty you know I do know though isn't certainly in business must help your life is signed.
Conceal -- it's the information is there and I think many small businesses are exempt in various ways and doesn't kick in until a certain size small business I don't think that.
People need to worry.
You know that way but I think that think you it'll be an encouraging speech tonight and and hopefully.
Do we you know people realize we have to spend money even in a down economy to get the economy going.
And I'm looking here at when of these pieces distance from the near times.
The centerpiece of the package current president's -- proposal for payroll tax relief for workers is some some good points annual address.
I think perhaps -- employers.
Obama has signaled that He will propose to extend for another year reduction two percentage points in the six point 2% Social Security payroll tax that employees -- Which means about 1000 dollars more for the average household.
He is also expected to call for an extension of business tax cuts.
And the infusion of federal dollars into building and repairing roads railways airports schools and other infrastructure projects so.
Just generally speaking Scott I wanna ask you take stick around for me for a second is this something the American people want to hear.
Absolutely and the question is will Republicans except this is actually obviously what his -- our.
Pretty much proposals Republicans have supported in the past so the question is will they support anything the president proposes even if they agree with it.
And speaking of that in that same article this is that -- times today by Helene Cooper in the title is Amy economic plan that elusive independence.
The president's speech tonight on his jobs proposal.
And that there's an interview beer with fifteen woman by the name of -- -- Susan -- London she is a retired teachers she.
Has two children who are looking for word and she -- in a telephone interview with that near times that she was disheartened by culture in Washington.
And which congress rejects everything that mr.
So I ask you Scott can -- the Republicans didn't -- disservice if they continue to come across as saying no to anything the president proposes.
Not -- -- I was doing disservice if they say no and everything but they're ignoring the wishes the American people -- a majority of Americans every poll.
One that mixture of spending cuts and tax increases that's just a fact if they ignore that -- -- -- the American people.
And that's -- and earlier -- sort of 9/11 I mean.
As a country this is a critical moment and and you know this not the job you know a couple legislator has to legislate -- talking head -- I think tank person they needed legislative they can't just stick.
To their rigid ideological purity and I work with the president.
We'll just let that is the last word for this -- -- -- went political humorist liberal comedian dot com is your website.
-- -- by the way earpieces on foxbusiness.com.
Yes regarding the small business now which concerns and I know you'll keep tracking the story that's an interesting here.
Your responses and your feelings not just after the speech that didn't.
Not immediately after that as well but also in the next -- months to come.
At some Larry King speaks English -- -- -- -- both -- you I'm Arthel -- nice to see you as well stick around there's more.
Here on Fox News dot --
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