Thursday, February 16, 2012

"Great Achievement:" Small Business Not Hiring, Owners Cite Healthcare, Government Regulations

-- Gallup finds healthcare costs, new government rules keeps biz from hiring --

A new poll released by Gallup this morning found that small businesses for the most part simply aren't hiring. Why not? Nearly half say they're worried about the cost of health care and new government regulations.

Lots of new government regulations on health care? Tim Kaine thought that was a great idea - indeed, a "great achievement." That's something Tim Kaine didn't mention when he was talking to business leaders in Loudoun County this week.

Tim Kaine Says Health Care Reform Is One Of Obama's Greatest Achievements

What does he think now that health care and government regulations are keeping small business from hiring?

Small Business Owners Cite Health Care Costs, Government Regulations As Major Impediments To Job Creation and Growth.

"Additionally, nearly half of small-business owners point to potential healthcare costs (48%) and government regulations (46%) as reasons. One in four are not hiring because they worry they may not be in business in 12 months. ... Although some small businesses in selected industries and markets have been growing, the weak economy of the past four years has limited overall small-business growth. ... Given this difficult operating environment, it is not surprising that many small-business owners also worry about potential new healthcare costs and government regulations. While small businesses are always finding ways to deal with their changing operating environment, including government regulations and healthcare, these added challenges can be seen as exacerbating an already uncertain and difficult situation. In turn, they become additional reasons to hold back on hiring." Gallup

Jim Cramer: Every CEO I Deal With Is Worried About ObamaCare's Negative Impact On The Economy, Jobs. "What I'm telling you, business leaders fear [Obamacare] more than anything. They don't want to hire ... People have to recognize that this is a front and center issue for every CEO I deal with and another reason why they don't want to hire here and they want to hire there. ... That's a major debate for the economy." National Review

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