The Regulatory Tidal Wave – Vote Early and Vote Smart
October 25, 2012 2 Comments
Many issues have been discussed during the Presidential debates including entitlements, healthcare, federal debt, education, housing etc., but no single issue should be more important to the electorate than job creation and economic growth being THE very staple of how we as a general public of a free nation thrive. During the last days of this election cycle the President of the United States of America should win because they succeeded in persuading the voting public that they are THE best job creating candidate.
A Gallup poll conducted in July 2012; named “Americans want next President to prioritize jobs, corruption” states nine out of ten Americans believe job creation should be the top priority for our next President. During these past few years we have all experienced a tremendous amount of economic struggle, whether one had to budget at home or at work, suffering job loss or minimal gain. Reality has to set-in with the voting community in order to ensure the economic pendulum stays on a track to recovery during this economic situation.
The current path for our country includes tax increases and a tidal wave of more than 4,100 new federal regulations with a calculated cost of a half-billion dollars. This is a reality looming in Washington that has not been pushed to the forefront of discussion as “pending” under the current administration. It is impractical to think that businesses large or small can continue to hire employees without some semblance of predictability on taxes and regulations.
The National Federation of Independent Business and the National Association of Manufacturers underscores the uncertainty of how small businesses and manufacturers are feeling about the economy. The study reflects 67 percent have too much uncertainty in the market today to expand, grow or hire new workers. Additionally, 69 percent of small business owners say President Obama’s Executive Branch and regulatory policies have hurt American small businesses.
More than 85 percent of Florida job creation is through small business. Willing job creators need to see regulatory reform. One of the easiest and least expensive, fastest ways to create jobs is through commonsense regulatory reform that provide needed health and environmental protections and remove barriers to growth so that entrepreneurs can invest, hire and expand. We need to give job creators certainty on federal regulatory policies. Since 2006, there has been a 60 percent increase in regulations with an overall nation cost of more than $100 million. In fact, a 2010 study completed by the U.S. Small Business Administration showed compliance with federal environmental regulations costs small businesses 364 percent more than large firms.
Small business owners, as survival of the fittest, can attest tremendous focus on ensuring the health and safety of their workplace and products – otherwise failure is the ultimate demise. The current administration is missing the fact that a health regulatory thrives on job creation. The significant increase and burdensome nature of regulations makes things more expensive, time consuming and often duplicative of the procedures small businesses already employ.
As a passionate small business owner, take aside my choice of active involvement in the community, I push for a high level contribution from elected officials. Through the next few days I must express shame on the voters who choose to ignore the right to vote during this election season as well as those who choose to ignore hard working Americans making an attempt to enhance our economy and way of life. As we come down to the last days of choosing the Leader of this great nation I would ask for Floridians to vote early and vote smart.