Monday, January 24, 2011

Is Government holding your business back?

As the new head of the House Oversight Committee, Darrell Issa is asking business the question of "What's holding your business back?". As a small business owner I gave him the following response.

Is Government holding our business back? Yes.
- Over the past two years cuts in government spending has cost 400,000 public sector jobs. Less jobs means less business for us.
- Unemployment insurance has lapsed for many who have no other options and failure to help out the most needy, such as the 99ners, has cost us business
- Since 2000, per pupil spending has increased at a rate lower than inflation leaving our local schools to do more with less. This leaves us with a less educated work for to choose from.
- Constant talk of repealing the health care reform bill has moral low as many of our employees are already seeing the benefits of this legislation
- Tax breaks for the super rich mean less money for the infrastructure repair we so desperately need here in Michigan. This leads to higher maintenance costs for our transportation department.
- Negative press over the government loans secured by GM and Chrysler has hurt their ability to regain market share. True patriots should support our greatest American industry and accentuate the positive of government and the private sector working together.
- Gambling by Big Banks due to lessened regulations has cost many of our employees tens of thousands of dollars in value on their homes. This puts a strain on an already fragile workforce.
- Constant attacks by Congressmen on the effectiveness of the US government have many of our customers afraid to spend their money. These attacks lower confidence of our customers as they are concerned the government is too splintered to function or too broken to fix the real problems.
- Fears of a government shut down due to the failure to raise the debt ceiling over purely political reasons have many of our customers taking a wait and see attitude.
- Failure to address climate change legislation has some of our customers concerned over how the changes in the climate will affect this business in the future. This leads to lower consumer confidence
- Many of our non-white and non-Christian employees and customers are concerned about the intense rhetoric and violence against people like them. They are pulling back from society and becoming segregated which only increases the problem while decreasing their involvement in activist where they would typically spend their discretionary earnings.
- We are finding that the current tax system has not fostered any growth of our business relative to the previous tax system of the 1990’s other than we are provided with a reduced level of public service.
- Allowing large business to avoid taxes by setting up overseas and giving tax breaks to companies that send jobs overseas. This puts a higher burden on our company to make up for the lost government revenue that funds our valuable public services that we desire.

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