Small businesses fear government
By Neal Boortz
Small businesses are responsible for most of the economic growth in our nation. Considering this fact, this figure doesn’t bode well for our economy or those looking for work: A recent Gallup Poll shows that 85% percent of small business owners say that they are currently not looking for any new workers
Why are they not hiring? Of those who said they were not hiring, 48% cited their concern about possible rising healthcare costs (Read: ObamaCare). Another 46% said that they were worried about new government regulations. Who can blame them? The economy, of course, is also a huge factor.
And here’s one more interesting stat: 71% of small businesses surveyed said that revenues from sales wouldn’t justify hiring additional workers. The cost of employing people, thanks to government regulations, is not worth it to an employer, even if they are successful at generating revenue.
That’s sad, but not surprising. Here are just two stories that I want you to read about small businesses and the government red tape yaksqueeze they have to endure:
There are countless stories of businesses having to endure the burdensome reach of our government. Government is impeding growth, rather than fostering a positive growth environment.
No comments:
Post a Comment