For more insight into why economic growth in anemic and job creation is stagnant, take a gander at a poll released last “week by the National Association of Manufacturers and the National Federation of Independent Business (NFIB)“:
The national survey, conducted between Aug. 13 and Sept. 4, interviewed 800 small business owners and manufacturers and found that 69 percent of them think President Barack Obama’s policies have hurt American businesses and manufacturers, and 55 percent would not start a business today given the current environment.
. . . .
The survey showed that small business owners and manufacturers think federal regulations, taxes, government spending and the costs of health insurance and energy are the main causes of slow economic growth.
Small businesses generate the most new jobs. If we want to see job growth, federal, state and local governments need reduce their spending and scale back on their regulations.