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Mail
Magazine 24…
Small
Businesses Worried More About Economic
Uncertainty, Regulations Under Obama
by Tony Lee
Under
Barack Obama, “Uncertainty Over Economic
Conditions” and “Uncertainty Over Government Actions” are,
respectively, the
second and fourth most serious problems small business owners face,
according
to a quadrennial survey by the National Federation of Independent
Businesses
(NFIB).
In
2008, the last time NFIB conducted its
survey, these two issues were not even ranked on the list of the top
concerns
cited small business owners.
As
it was then, the cost of health care is
still the top concern among small business owners, with 52 percent of
those
surveyed labeling it as “critical.”
“Fears
over increasing health insurance costs
continue to dominate the list of concerns for small businesses, very
much in
spite of the president’s health insurance reform law—certainly not an
endorsement of the policy, nor a good sign for the future of the
sector,” said
Holly Wade, the survey’s author.
NFIB
actually challenged Obamacare in the
Supreme Court “after the overwhelming majority of its membership
expressed a
desire to have it repealed.”
Nearly
40 percent of those surveyed said that
economic uncertainty was the most critical problem; 35 percent cited
energy
concerns; and another 35 percent cited “uncertainty over government
actions.”
Coming in fifth: “unreasonable government regulations.”
The
NFIB notes that the Obama administration
has “enacted significant policy changes of an immense nature” during
the last
four years and “their impact will continue as the regulatory system
works to
implement new policy directives.”
“Uncertainty
also surrounds pending government
action on the expiring 2001 and 2003 tax cuts, the debt ceiling and the
federal
budget,” NFIB noted. “All of these policy changes create a huge
‘question mark’
for small-business owners, impeding their ability to make short and
long-term
business decisions.”
The
NFIB also noted that when taken as categories,
“Taxes” takes the top position as the most severe problem cluster
followed by
“Regulations.”
This
is not an economy in which, contrary to
what Obama may think, the private sector is doing fine.
Source:
Breitbart
A
full survey can be seen at Mail Magazine 24
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