Financial News Articles
Google

Monday, May 28, 2012
Search Financial News  
Latest News » All Financial News » Per DM CEO Jesse Young Believes That a Politically Divided US is Dangerous for Small Businesses


Per DM CEO Jesse Young Believes That a Politically Divided US is Dangerous for Small Businesses
Jesse Young, CEO of Per DM Group, a leading outsource sales company, sees the threat that this poses to small businesses and start-up companies.

CHESTER, ENGLAND, December 01, 2011 /24-7PressRelease/ -- Following the breakdown of the deficit reduction talks in the US, Jesse Young of Per DM, along with many others, has reservations about the ability of US politicians to unite in their efforts to reduce America's colossal debt. Jesse Young, CEO of Per DM Group, a leading outsource sales company, sees the threat that this poses to small businesses and start-up companies. "Without a clear path forward, many business owners will be apprehensive about their future," explained the CEO. "At such an economically difficult time, it is important that businesses have assurances about the future. It instills confidence," he went on to say.

The failure of the Super-Committee to agree on deficit cuts is yet another sign of the United States' frustrating political divide. Whilst indeed the breakdown of recent discussions does not pose the same threat as those seen in August where failure to come to a consensus almost resulted on a US default. "It nevertheless does nothing to alleviate the stress that the US economy is under," explains Jesse Young.

Failure to ultimately reach a compromise would mean that 'across-the-board' cuts of $1.2 trillion, which were pre-prepared by the Obama administration, will come into effect from 2013. Half of these cuts will target the Pentagon and the US defence budget, a huge bone of contention for the Republicans. This will likely only further divide both political and public opinion. For business owners it prolongs the uncertainty," said the PerDM CEO. "Failure to solve the current debt problem will ultimately hinder small and start up businesses from growing and progressing," he went on to explain.

The Per DM group gives entrepreneurs the opportunity to establish their own businesses and provides them with support in their attempt to expand. "At Per DM we identify potential business owners and give them the chance to develop their own ideas," explains Jesse Young.

As the US celebrated thanksgiving, many in the business world will be hoping that it will serve as a lesson to its politicians. "What we all need to remember is that we are in this together," asserts the Per DM CEO. "Without consensus from political leaders, it is very difficult for the us as the public to understand what direction we are heading in. It is therefore imperative that political goals are secondary to public interest," Jesse Young went on to explain.

Press Release Contact Information:

Jesse Young
Per DM
CEO
Park Lane
Pulford, Chester
UK CH4 9EP
Voice: +44 (0) 1244 573150
Website: Visit Our Website

Silver Prepaid MasterCard card
. . . . . . . . . . . . . . . . . . . . . . . . . .

Affordable & Effective Press Release Distribution