Governments Abandonment of America’s Small Businesses:
By Lorraine Hunt-Bono
As I anxiously awaited to read the provisions of the “American Jobs Act” released by the White House on Monday, September 12, 2011, I hoped I would read about job creating policies that would help the true Job Creators, Small Businesses strengthen and stabilize their economic position. Instead, I read about $467 billion in permanent tax increases. I read more about costs to small businesses in increased labor costs, increased energy costs and general increases in the cost of doing business.
In our country, Small Business Owners Across America employ the majority of the working middle class. They desperately want to keep their doors open and protect their business and employees. They need help and new incentives to expand free enterprise, innovation and entrepreneurship, the foundation for economic growth and job. Unfortunately, “The American Jobs Act” does not give them much hope.
Mama & Papa businesses across America are closing their doors and losing their “American Dream” of owning their own business and passing it on to their children.
The American Jobs Act does not embrace the concepts of true job creation. It is a delusionary attempt to convince Americans that it is a Jobs Act when in reality it will do just the opposite.
The way to regaining America’s prosperity and economic vitality is by empowering families, small businesses and entrepreneurs.
• Empower small business owners by reducing regulatory burdens
• Fix the tax code to incentivize job creators
• Increase competitiveness for American manufacturers
• Encourage entrepreneurship and growth
• Maximize domestic energy production to ensure Energy Policy for the 21st century utilizing all of America’s energy assets
• Pay down America’s unsustainable debt burden
• Establish reasonable budgets and government spending limits
Common sense solutions are simple. The politics are complex. Time is running short.
We need real leadership to put America back on the path to sustainable, long-term prosperity?
The Honorable Lorraine T. Hunt-Bono is a 50-year resident of Nevada. She is a prominent businesswoman, Commissioner on the Nevada Commission on Tourism, a former Lieutenant Governor and President of the Nevada State Senate. She can be reached by calling her office at 702-361-6503
