As Small Businesses Struggle, Dems Make it Worse

May 21, 2012

Democrats’ Burdensome Regulations Are Making a Bad Economy Even Harder on Small Business and Their Workers

Three years after Obama took office, small businesses are still struggling with the effects of the Obama economy.
Democrats have been on a regulatory rampage that is destroying jobs and hurting economic opportunity.
Democrat-created ObamaCare is exacting its own toll on small businesses by increasing their healthcare costs and levying new taxes that prevent them from hiring new workers.

Three years after Obama took office, small businesses are still struggling with the effects of the Obama economy:

PRESIDENT OBAMA GRADED HIMSELF AN “INCOMPLETE” ON THE ECONOMY THIS WEEK: “ ‘I think it’s still incomplete. We’ve still got work to do,’ Mr. Obama said in an interview on ABC’s ‘The View,’ which aired Tuesday morning.” (Stephanie Condon, “Obama Gives Himself an ‘Incomplete’ On the Economy,” CBS News, 5/15/2012)

DEMOCRATS ARE RUNNING A 2012 CAMPAIGN BASED ON MORE OF THE SAME FAILED POLICIES: (Byron Tau, “Team Obama Rolls Out ‘Forward,’” Politico, 4/30/2012)

MORE: “CONCERN ABOUT THE ECONOMY” IS “GREATER TODAY THAN FOR ANY PRESIDENT SEEKING RE-ELECTION” SINCE CARTER: “The extent of Americans’ concern about the economy — as evident in their top-of-mind mentions of it as the nation’s ‘most important problem’ — is greater today than for any president seeking re-election since Jimmy Carter in 1980. The current 66% mentioning one or more economic concerns is substantially higher than it was in May 2004 or May 1996, and moderately higher than at the same point in 1992 and 1984. Americans’ mentions of the economy did surge in August 1984 to 65% — comparable to where they are today — but fell to 51% by September.”(Lydia Saad, “National Mood a Drag on Obama’s Re-Election Prospects,” Gallup, 5/16/2012)

CBS/NYT: 67% RATE CONDITION OF ECONOMY AS “VERY” OR “FAIRLY” BAD: (“The Presidential Election, Same-Sex Marriage, and the Economy,” The New York Times/CBS Poll, 5/14/2012)

Democrats have been on a regulatory rampage that is destroying jobs and hurting economic opportunity:

SURVEY: WASHINGTON DEMOCRATS ARE CREATING CRIPPLING UNCERTAINTY WITH THEIR REGULATORY ONSLAUGHT: “Growing confidence in the economy is not leading to an influx of new hiring, as businesses fret about uncertainty driven in large part by Washington and growing fuel costs, according to a new survey by the U.S. Chamber of Commerce.

“ ‘This survey confirms that slow gains in economic growth are being undermined by uncertainty over rising gas prices, an onslaught of pending regulations, and stalled pro-growth bills in Congress,’ said Dr. Martin Regalia, the business lobby’s chief economist.” (Peter Schroeder, “Survey: Uncertainty, Gas Prices Slowing Hiring by Small Business,” The Hill, 4/16/2012)

GALLUP: 46% OF SMALL BUSINESSES CITE GOVERNMENT REGULATIONS AS AN OBSTACLE TO NEW HIRING: (Dennis Jacobe, “Health Costs, Gov’t Regulations Curb Small Business Hiring,” Gallup, 2/15/2012)

Democrat-created ObamaCare is exacting its own toll on small businesses by increasing their healthcare costs and levying new taxes that prevent them from hiring new workers:

GALLUP: 48% OF SMALL BUSINESSES CITE RISING HEALTHCARE COSTS AS A BARRIER TO NEW HIRING: (Dennis Jacobe, “Health Costs, Gov’t Regulations Curb Small Business Hiring,” Gallup, 2/15/2012)

73% OF JOB CREATORS CITE OBAMACARE AS AN “OBSTACLE TO HIRING NEW WORKERS”: (Peter Schroeder, “Survey: Uncertainty, Gas Prices Slowing Hiring by Small Business,” The Hill, 4/16/2012)

NFIB STUDY: 250K JOBS COULD BE DESTROYED BY OBAMACARE’S HEALTH INSURANCE TAX, AND 150K OF THOSE COULD BE FROM SMALL BUSINESS:(“NFIB Research Foundation Study: Health Insurance Tax to Cost 125,000 to 249,000 Private-Sector Jobs,” NFIB, 11/9/2011)