How to create jobs, according to job creators

The New Adventures of Jean Nicolet passes on the results of the latest Nicolet Bank Business Pulse survey of business CEOs (unconventional punctuation and formatting Jean’s):

CEOs will create jobs if 2 policies are enacted: Wham Bam DONE! Next Problem, please…

The Nicolet Bank Business Pulse is a quarterly study of CEOs & Business Owners up on the Frozen Tundra – around Green Bay, Wi. The Q4/2011 Study focused like a laser on JOBS!

56% of CEOs and Business Owners said, 1.) Reducing government regulation would have a Major Impact on job creation.” 24% of the CEOs said it would have a Moderate Impact.

47% said, 2.) Reducing corporate taxes to 25% – or less – would have a Major Impact on job creation.”
31% of CEOs said, a Moderate Impact.

These are the TOP 2 policy changes CEOs said they would like to see if you would like to see more jobs. [DUH!]

Notice in the chart …

… the margin between the first two options and the other options. (Options three and four can be dealt with by modifying option two to reduce the corporate income tax by 100 percent.)

Based on the questions, this survey was mostly about what can be done for business at the federal level. But the state also assesses corporate income taxes. And every business owner knows that this state is a regulation hell in addition to a tax hell.

Business-friendly government policy is a foreign concept in Wisconsin, of course. That explains why Wisconsin’s business climate rankings are as bad as they traditionally are, and why the state trails in business health measures such as per capita personal income growth, business startups and incorporations, and venture capital investment. If you don’t like the current state job numbers, this survey should tell you that the Walker administration hasn’t done enough.

4 responses to “How to create jobs, according to job creators”

  1. Sandy Avatar
    Sandy

    Pet Peeve – quote a survey that doesn’t list number surveyed and response rate. Really, a Nicolet Bank survey from GB has enough expertise????

    1. michaelbina Avatar
      michaelbina

      For 50-consecutive quarters, Nicolet Bank has used a representative sample of CEOs and Business Owners in 18 counties to gather data. Sorry you missed the previous 49.

      As far as having “enough expertise”? Well, Sandy, I’m not sure what you mean by that but, I can fairly confidently say the panel has MORE than enough expertise and business accumen to answer a simple question about their business!

      1. Sandy Avatar
        Sandy

        Where in this blog – or active links would I see the 49? Sorry I can’t surf all day looking for it.

  2. michaelbina Avatar
    michaelbina

    At least you didn’t challenge the CEOs’ expertise this time so, I feel we’re making progress! As far as challenging our sample:

    The Nicolet Bank Business Pulse© is a Quarterly Study of CEOs and business leaders in the NewNorth Wisconsin (Brown, Calumet, Door, Kewaunee, Manitowoc, Marinette, Oconto, Outagamie, Shawano, Winnebago Counties) and Menominee, Michigan. It is designed and implemented by IntellectualMarketing, LLC. The survey was conducted October 26 to November 4, 2011 with 158 CEOs. Participants include: 30% in manufacturing; 29% in services; 10% retail trade; 5% wholesale trade;7% finance, real estate, insurance; 6% in transportation, communications, utilities; 7% in construction; 6% in other industries. 15% have fewer than 6 employees; 38% have 6-25; 11% have 26-50; 12% 51-100; 13% 101-250; 9% 251-500; 3% have 501 to 1,000 and 1% have more than 1,000 employees.

    Thank you for your interest, Sandy. Next time, I’ll lead with the above paragraph.

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