February 25, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Finance News

 

Local Lawmakers Bring Mixed Views On How To Boost Jobs, Economy

Written by Ken Gaebler
Published: 9/6/2011

In anticipation of President Barack Obama's address to the nation on the economy and jobs, local officials and business owners offer their opinions on how to boost the economy.

With small business owners, unemployed workers and most Americans feeling the effects of the current economic climate, President Barack Obama prepares to address the nation soon on the administration's plans for increasing jobs and boosting local businesses. Local and state representatives, however, are offering differing opinions on what will best serve the nation and its businesses in the weak economy.

Mixed Views on How to Fix Economy

Two years after the recession officially ended, 14 million Americans remain unemployed illustrating how federal initiatives have yet to make a significant impact. U.S. Representative Mike Fitzpatrick, a Republican from Bucks County, Pennsylvania, said Americans are looking for a bold vision to help alleviate the financial burden from the recession, the Philadelphia Inquirer reported. Fitzpatrick calls for a moratorium on the "type of regulations that have been crushing the will and the spirit of the American small-business person."

U.S. Representative Robert Andrews, a Democrat from Camden County, Pennsylvania, told the website that he hopes the Obama administration will develop tax cuts for small businesses.

"I think we ought to say, if you form a business and hire people, give that small business a two- or three-year tax holiday," Andrews said. "Let them operate tax-free to get off the ground."

According to the Fort Worth Star-Telegram, regulations are not choking U.S. small businesses, in fact many small business owners welcome the regulations. In an interview with the news source, Rick Douglas, the owner of Minit Maids in Charlotte, North Carolina, said other factors such as insurance rates are hurting his business, but not regulations. According to Douglas, the federal stimulus effort has enabled his company to expand since 2008, hiring 15 people due to lowered labor costs. 

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Small Business News

If you enjoyed this article, you can find plenty more like it on our site. We cover important news stories for entrepreneurs. In addition to breaking news for entrepreneurs, we also have tons of how-to articles that cover topics like writing a business plan, preparing a marketing plan, selling a business and much more.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors