Posts Tagged ‘small business owners’

Business Organizations Dismayed by Obama

October 1st, 2012 Comments off

WashingtonExaminer says a poll of manufacturers and small business owners commissioned by the National Association of Manufacturers (NAM) and National Federation of Independent Businesses (NFIB) reveals 55 percent would not have started their businesses in today’s economic climate. Additionally, 69 percent say President Obama’s regulatory policies have hurt their business and 54 percent say China and India are more supportive of small business and manufacturers than the U.S. Sixty-seven percent report there is not enough stability to expand their businesses. Jay Timmons, president of NAM, says, “There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people. To fix this problem, we need immediate action on pro-growth tax and regulatory policies that put manufacturers in the United States in a position to compete and succeed in an ever-more competitive global economy.” MHProNews has learned NFIB president Dan Danner notes the government has erected too many barriers to growth that increase the cost of doing business.

(Image credit: National Association of Manufacturers)

Supreme Court Decision Angers Many

June 28th, 2012 Comments off

The decision by the U.S. Supreme Court this morning to uphold the individual mandate and the Patient Protection and Affordable Care Act (PPACA) went against the National Federation of Independent Business (NFIB) and 26 states in their argument before the Justices challenging the constitutionality of the measure. Yahoo!News reports Dan Danner, president of NFIB, says, “We are concerned about the precedent that this will set in Congress’ ability to mandate other aspects of our lives, but we will move forward from today to continue to fight, harder than ever, for real health-care reform for our membership. Under PPACA, small-business owners are going to face an onslaught of taxes and mandates, resulting in job loss and closed businesses. The power and control of health-care decisions should be in the hands of the consumer, not the government.” Investors responded to the news by pulling back from the U.S. stock market, anticipating the rising costs will continue to forestall an economic recovery by causing the loss of jobs. Much of the business community has expressed similar sentiment. MHProNews has learned some 70 percent of the population oppose the measure. Both political parties will use the results for their purposes as they raise funds in the run-up to the Nov. 6 election.

(Photo credit: Wikiepdia Commons)