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To the small biz guys who are not running those who do not see this recovery they want to they've been waiting they've been hoping they'd been praying.
It's still line happening at least for that with me now is David McArthur and Joseph Victor and -- Rivera done the start -- -- you first.
You're not seeing this that you're seeing all this will open and -- and buying and wondering.
No party in -- -- -- up what's going on no no no no party yet I'm I'm lit the candles on my own cake yet -- But you know what I -- I just don't think there's any reality between known Wall Street and main street I guess -- the saying goes -- -- all I what I don't hear one thing about it -- you know in your in your intro of their I heard about that the construction jobs are lost.
And -- restaurant jobs that are back up again and and and I wouldn't really.
Befuddled me out there is people are going back to -- -- going back for what.
You know have we lost like here in Saint Louis area we lost a Chrysler plant it's now big grass field.
We lost the Ford plant it's now vacant building those were.
Thirty dollar an -- jobs -- now these same people going back to work at fourteen boxes -- intro IT worker.
Because that's what's gonna stifled my economy that's what's gonna keep my business from coming back so -- are -- -- the same I don't concern I'm sorry David are you -- the same kind of thing there double -- doesn't match what's what's really happening.
Don't -- nearly.
Yeah yeah I kept on some real -- -- it hasn't matched it hit it hasn't -- at all I can tell you why in my little small world.
We're down about 6% employment.
In about a thousand people here in North America.
And globally not hiring either -- this slow down and I think this adamant about Wall Street.
Not dealing with the realities -- Bob what's happening in the private sector is just a huge disconnect.
And where have we seen that before.
And outside -- about I think they are you write about them but don't believe it focused its today's point earlier.
On how big companies are doing because they seem to be doing a lot better than -- small guys what do you make it.
-- you looked -- little caterpillar.
We're well I have read it and they're not all that -- -- -- what either get a.
Well you know I think you know up at Nevada you know we have the dubious distinction there's still have nine point seven unemployment which is the highest in the nation.
That you know Holy See is we're we're changing our hiring practices you know we're going to hiring.
You know more part time more attempt agencies.
Because what we're finding is we're getting -- -- A higher quality person that but we're afraid you know my -- -- -- issues still is obamacare.
You and I had a meeting the other day with a bunch of small businessmen and and the main thing they came up was this issue of having over fifty employees.
And being just you know -- -- in two huge cost.
Overruns and next year so everybody still being cautiously optimistic you know I see.
You know our employment is is is rising a little bit here in the state.
But I don't see it is as big boom and I do see there's a disconnect between.
Private business and and Wall Street you know I think Wall Street is pretty much controlled by the big -- fountains and and mutual funds and because.
In all my buddies don't have a lot extra cash right now to throw individually into the stock markets so I think it's I think we see a lot of false economy I think here.
All right Doug I jumped and -- apologize for that what was your take on on the real economy.
Well it is pretty evident to be in the manufacturing sector where where we touch and we touch.
Auto mode of -- medical and in some of those sectors are doing okay.
But general general metalworking and a lot of the other trades people are still -- And if you like me I've got a moratorium on hiring.
I'm looking get better ways of doing things and I just can't see.
The economy in in my business coming back.
To the extent that.
That Wall Street.
Projections in in what's happening on Wall Street really reflects what's happening in in the private sector.
David you images of the interest and when things started slowing down -- people still went to -- -- -- -- but he does warrant ordering its mind sort.
Instead of the big sheet -- maybe have a -- there are they still doing that kind of thing even now -- that says.
Sure because you know what -- -- you what even the people that have maintained their jobs they're available parishes down in this country everybody's got less money to spend.
As far as I know that we can open.
-- people around your own studio do you have more extra cash this year than you did last year.
Cost of health -- -- up to -- -- the fuel is up your electric bill -- up.
You know look around at your food cost -- -- you know -- -- -- our food costs are up 33% in the last three years.
When you -- you have an increase your salary levels.
To stay with basic inflation how can this economy recover.
When the when the consumer has not been able to stay up with their cash flow at the rate of what inflation has been in our government denies we have an inflation.
But everything costs more -- Gentlemen I want to thank you good perspective on this we just moments in the middle of a parade guys we just want to remind you.
The way the mainstream media necessarily assessment is keeping -- -- and look into the good or better and the -- guys thank you all very very much enemy dot.
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