www.NFIB.com
For Immediate Release
Contact:  Eric Reller
202-314-2073 or [email protected] 

 

SOTU: President
Snubs Small Business

Proposals
Disproportionately Hurt Small Businesses and Employees

 

WASHINGTON, D.C., January
28, 2014 — Once again, the President declared the importance of small business
during the State of the Union,
but quickly followed with proposals that demonstrate he does not understand, or
simply disregards, the segment of the economy that historically has generated
two-thirds of net new jobs.

National Federation of Independent
Business (NFIB) Chief Economist William Dunkelberg made the following statement
in response to the President’s State of the Union address:

“The State of the Union address was a
chance for President Obama to propose initiatives that would benefit the real
engine of the U.S. economy – small business,” said Dunkelberg. “Unfortunately,
the President again chose to champion big business, special interests, and
partisan causes. Small businesses are still climbing out of this recession, and
any hope for a steady resumption of solid growth depends on improving the
health of this half of the economy. 

“Championing a corporate-only tax reform
scheme (which misses 2/3rds of small businesses), a failed health care rollout,
and a promise to raise the minimum wage that would escalate unemployment – the
President seems determined to pick winners and losers. Small business has been
mentioned as an important aspect of the U.S. economy during every State of the
Union address during this Presidency – at some point we hope that the President
stops stacking the deck against the segment he claims to support.”

**NFIB Chief Economist William Dunkelberg is
available for comment – For interviews, please contact Eric Reller at
202-314-2073 or [email protected]**

 

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