Yesterday’s Gallup poll confirmed what I have been hearing from Small Business owners throughout Virginia – Washington’s burdensome, counterproductive regulations are the biggest problem Small Business owners face in today’s economy. Unelected, unaccountable bureaucrats shouldn’t have the authority to implement costly regulations that impact families and destroy jobs. Washington needs to listen to the voices of job creators in Virginia and implement pro-growth policies that help businesses create jobs, not smother businesses with unnecessary, counterproductive regulations and red tape.
Gov’t Regulations at Top of Small-Business Owners’ Problem List
Gallup.com
By Dennis Jacobe
October 24, 2011
PRINCETON, NJ — Small-business owners in the United States are most likely to say complying with government regulations (22%) is the most important problem facing them today, followed by consumer confidence in the economy (15%) and lack of consumer demand (12%).
Rounding out small-business owners’ top five problems in the Oct. 3-6 Wells Fargo/Gallup Small Business Index poll is lack of credit at 10% and poor leadership by government and the president at 9%.
Looking ahead to 2012, approximately one in three small-business owners say they are very or moderately worried about going out of business. About the same number are worried about not being able to compete with large or global competitors, not being able to hire the number of employees they need, and not being able to pay their employees. Thirty percent worry they will have to reduce their number of employees.
On a personal basis, 67% of small-business owners are worried about not being able to put enough money away for retirement, and 49% are concerned about not being able to spend enough time with family or pursuing personal interests.









