Political Quotes

“despite the negative chants we hear from those refusing to take off their partisan uniforms, there is good news when it comes to the economy: 6 consecutive months of job growth; 364,000 new jobs in the last 6 months; and the largest 8-month decline in unemployment since 1995. But there are more challenges ahead. Perhaps our biggest opportunity is the chance to reduce unnecessary government regulations on small businesses. Every single year, the cost of complying with government regulation adds up to $843 billion. For firms employing fewer than 20 employees, the annual regulatory burden is $6,975 per employee. We put these costly regulations on small businesses, which provide approximately 75 percent of the net new jobs added to the economy, represent 99.7 percent of all employers, employ 50.1 percent of the private workforce, and represent 97 percent of all U.S. exporters. Instead of trying to raise taxes on small businesses, we need to reduce unnecessary regulations.”