[h=3]NAM/NFIB Survey: Manufacturers Blame Uncertain Economy For Lack Of Growth.[/h]The
Milwaukee Journal Sentinel (9/27, Barrett) reports, "A national survey of manufacturers, including Wisconsin companies, has cast a harsh light on the US economy - with executives saying uncertainty in the marketplace has kept them from expanding their businesses and creating jobs." The survey "paints a bleak picture, with
62% of the survey respondents saying US laws, regulations, taxes and fees affect their companies more negatively than foreign competitors. Given what they know now, more than half of the 800 executives surveyed for the National Association of Manufacturers and the National Federation of Independent Businesses said they would not start a business in the current economic climate." Jay Timmons, National Association of Manufacturers president and chief executive officer, said,
"Manufacturers have told policy-makers in Washington time and again that uncertainty and a negative business environment is turning the American dream into a nightmare."
The
Daily Caller (9/27, Fores) reports,
"Fifty-five percent of small business owners say they would not start a new business today, according to a new industry survey. An even larger majority of manufacturers and small business owners, 69 percent, blame the Obama administration's regulatory policies for hurting their sectors of the economy." Timmons said, "There is far too much uncertainty, too many burdensome regulations and too few policymakers willing to put aside their egos and fulfill their responsibilities to the American people."
The
Washington Times (9/27, Devaney) reports
55 percent of the survey respondents "are concerned that the regulatory environment is getting worse. Twenty-seven percent say the heavy regulatory environment could lead to companies moving overseas, rising consumer prices (24 percent) and job loss (23 percent)."
On its website,
FOX News (9/27) reports Timmons said, "To fix this problem, we need immediate action on pro-growth tax and regulatory policies that put manufacturers in the United States in a position to compete and succeed in an ever-more competitive global economy."
Real business leaders, real decision makers ........... real distraught with obama.
