Jobs, jobs, jobs. Unemployment is the issue every candidate for public office touts and what most polls show is the main concern of Americans as well. What to do about a stubborn economy that features a jobless rate around 9% nationally is another story.
Why haven't more jobs been created? Employers have been cautious to hire new workers in a fragile economy. The thinking is they want to see a more robust recovery before investing in new employees or expanding.
Others say that's not it at all and point to government regulations on businesses, especially small businesses, as the culprit. A recent report from the U.S. Small Business Administration says it cost businesses with under 20 employees $10,585 to comply with regulations while companies that employ 20-499 pay about $7,454 per worker.
Are regulations too burdensome for small business? We'll look at that issue on Wednesday's Radio Smart Talk.
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Secondly, on the lead pain issue, mention the fines to be imposed on small contractors not complying with that regulation. The fine is unbelievable.
What is clean water and clean air? We need science to decide and as the science gets better we learn that our regulations are not good enough to protect human health & welfare.
Are you willing to be the one or your children/grandchildren who gets asthma, cancer, or some other illness because of outdated regulations?
Regulations, financial and environmental, are for the common good of all citizens. Just imagine if we had good financial regulations (and compliance) for the last 20 years. I wonder what the "financial collapse" would have looked like?
Maybe these guests should move to Nigeria, Mexico, China, or Pakistan if they want an economy without regulation.
also, LACK of regulation is what brought on the financial disaster, so we need MORE, not fewer, regulations and people to monitor for compliance.
Environmentalis ts cite report in disputing 'job-killer' claims
http://www.cnn.com/2012/01/03/us/maryland-regulations-jobs/index.html
The Chesapeake Bay Foundation will appear on the program Friday morning to discuss the report.
I work for the NFIB and I'm one of the guys who talks to business owners daily about these issues. You are welcome to ride with me some day and you can hear these stories first hand. The lead paint compliance issue has doubled the cost for homeowners to replace windows in older homes and two agencies demand the exact same compliance from contractors doubling their cost for no apparent reason. I hear similar stories every day. It's out of control but business owners are stubborn and will fight through the red tape.
Just take the FDA and look at the number of recalled drugs on almost a daily basis and the number of lawyers advertising they take cases against defective drugs.
This is not evidence of over regulation.
I understand that these companies are competing with governments that don't care about their environments but we've already been down that road and we've learned that we do need to regulate because many companies will take the easy route and they'd rather pay the fine than upgrade or comply with the regulations.
We've learned since Reagan and this deregulation that has occurred in his name that this is the wrong approach. What we're talking about it the difference be reasonable profits and greed!
Bartlett goes on to explain that “the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration. Lack of demand for business products and services is vastly more important.” A more balanced panel of Smart Talk guests might have led to a richer discussion of a real long-term issue — how to implement regulations effectively, using carrots and technical assistance as well as penalties to ensure high labor, environmental, and compliance standards, while helping businesses pursue productive and profitable competitive strategies. The short-term priority, of course, is how to strengthen the economic recovery and lower unemployment — which has nothing to do with regulations and everything to do with overcoming federal and state fixation on spending cuts which reduce economic growth.
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