Why do we care about small businesses? Look, on one level, we care about the entrepreneurs--the Horatio Algers and the people working toward the American dream--but even more fundamentally, small businesses produce two-thirds of the new jobs in this country. If small businesses are suffering, jobs are suffering and America suffers. ObamaCare is an absolute disaster for small businesses. Forty-one percent of small business owners have held off on plans to hire new employees, and 38 percent say they are holding off on plans to grow their businesses in direct response to the law. By
The significance of small businesses extends beyond the dreams of individual entrepreneurs; they are integral to our economy by generating two-thirds of new jobs. When small businesses struggle, not only do they face challenges, but the broader job market and economy do as well. The well-being of these enterprises is crucial for maintaining healthy employment levels across the nation, making their success a collective concern.
One of the major hurdles for...