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Poll of Small Business Owners: increased fear of stagnating or worsening conditions

September 24, 2010 in business policy, economy, small business development, small business loans, small business research, u.s. congress | Tags: , , | Leave a comment

By Dr. Jeff Cornwall, Guest Blogger, Christian Science Monitor

A new poll of small business owners is out this morning, conducted by Bill McInturff and Doug Schoen for the U.S. Chamber Institute for Legal Reform (ILR), and it shows that small business owners are not in a good mood.

“This poll reveals that there is a lot of fear among business owners in this current economic climate,” said U.S. Chamber Executive Vice President and ILR President Lisa Rickard.

According to the survey of 1,000 small business owners, 78% of respondents say that the U.S. economy will either remain stagnant or get worse over the next year. This is the most pessimistic findings I have seen in recent polls.

So what should be done by Washington? It seems that most small business owners agree with me on this one. Two-thirds of small business owners (65%) say government is doing too much that is better left to businesses and individuals. Read the rest of this entry »

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