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US small businesses debunk notion that regulations are their main problem — poll

Entrepreneurs cite lack of customer demand as top reason for reduced hiring.

Knapp: Financial giants, oil/coal industries driving anti-regulation train in name of small businessWASHINGTON, DC, February 12, 2012: Creating jobs does not rely on eliminating regulations, Frank Knapp, Jr., president and CEO of the South Carolina Small Business Chamber of Commerce, writes on The Hill's Congress Blog. Knapp relies on recent polls to conclude that small business owners support health, environmental, and safety standards, and would rather see fewer jobs retained than outsourced overseas.

"With Congress back in session, the Senate will have several bills to consider that seek to make it nearly impossible for federal agencies to implement regulations. The REINS Act, the Regulatory Flexibility Improvements Act and the Regulatory Accountability Act have already passed in the House.

Advocates for these radical measures claim they are primarily needed because regulations are the top reason for small businesses not hiring. But a new nationwide poll of small business owners released today adds to numerous other surveys that refute this position..."

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Posted: February 15, 2012

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