Administration misunderstands small-business dilemma

02/1/2010 | National Review

David Malpass, president of Encima Global, points out the findings of NFIB's December survey when a gloomy membership listed lack of sales and taxes as their two most pressing issues. He says the Obama administration misunderstands the nature of the small-business dilemma. "These companies face a giant tax increase, reduced-credit conditions as a result of inappropriate monetary and regulatory policy, and more red tape from Washington, all of which challenge their ability to turn profits and hire workers."

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