Members of the U.S. construction industry -- one of the hardest hit industries during the recession – are speaking out against Washington’s elite. While unemployment is 9.7 percent nationwide, it is 18.7 percent in the construction industry. And thanks to President Barack Obama, most construction contractors will not see the reversal of this disastrous trend.
Also, the current climate in our nation's capital does not bode well for entrepreneurs who run small businesses throughout the U.S. and who employ many Americans.
HaltTheAssault.com is calling for the U.S. government to stop its attack on small businesses in light of continued high unemployment and low productivity. Small business owners are more concerned than ever given the new government measures that are overwhelming them.
For example, with Cap & Trade and other energy legislation unlikely -- at least for now -- of passing in both houses of the U.S. Congress, the Obama Administration and its supporters are seeking the means to once again bypass the legislative branch. In other words, failing to sign an energy bill that will ultimately hurt the US economy, President Barack Obama will use government agencies to give Americans Cap and Trade by fiat, according to Chris Singerling of HaltTheAssault.com.
In order to have an impact on U.S. energy consumption, carbon emissions and climate change, the Environmental Protection Agency is expected to spearhead policies that would never pass muster with a majority of lawmakers on Capitol Hill, but will adversely affect the small business community and its employees.
Additionally, the passage of the Healthcare Bill will ultimately raise costs and taxes on business as well as limiting their choices and the one thing that was supposed to help, the tax credit, most businesses and their accountants have been unable to figure out who qualifies for such vague benefits, said Singerling
The latest Finance Bill passed by Congress contains new taxes for the small businesses already shouldering an undue portion of the burden and even worse, it will make banks less willing to lend, which will serve to ultimately make it more difficult for those businesses to finance projects and create jobs.
Chris Singerling from HaltTheAssault.com notes that “If the government wants the economy to rebound, it should be looking for ways to help small business flourish, not assaulting it with unneeded regulation and extra taxes. “
Singerling and HaltTheAssault.com offer a few simple ideas to create jobs now:
1. Eliminate “Uncertainty” in the Business Environment
The outcome of many of the government’s regulatory proposals is unclear, causing uncertainty and difficulty planning. Currently, employers are unwilling to hire additional employees or invest in equipment or facilities.
2. Increase Access to Capital
The freeze on lending for private sector construction projects must be addressed immediately. The long delay in lending or outright refusal by financial institutions to fund private sector projects has had an extremely detrimental impact on the construction industry.
3. Provide Meaningful Tax Relief that Leads Directly to Job Creation
Tax rates are too high and laws are too complex, thus inhibiting the growth of small businesses.
Minimize the tax burden on American citizens to help increase the rate of capital formation, economic growth and job creation.
The above described campaign is funded by the Free Enterprise Alliance, the issue-advocacy arm of the Associated Builders and Contractors group. You can learn more at www.HaltTheAssault.com
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