I’m a proponent of small business. I grew up in mid-Missouri and my family has been in agri-business for generations. I also have family members who own and operate a manufacturing business. Everyone is on hold right now before they hire, before they reinvest, before they grow because we are all watching the way regulations are handed down from Washington. This requires greater attention, and we need to foster bipartisan support to bring forth common-sense regulatory reform to help relieve small businesses from this federal burden.
With bipartisan support, our elected officials, like Senator McCaskill and Senator Blunt, can modernize how America does business. The quantity of regulations on the books today – and with over 3,503 in the pipeline – has overwhelmed businesses here in Missouri and across the country. Over the last seven years, there has been a 60 percent spike in regulations with price tags of $100 million or more. I sincerely hope our politicians will move in the opposite direction and start cutting much of the red tape impacting America’s small businesses.
Ordinary people want an end to the partisan feuds that have created uncertainty and dampened economic growth. We want our politicians to work together, and regulatory reform is one issue everyone can get behind. With the right policies in place, small businesses would feel less threatened by Washington, and we could start creating more jobs.
Michael Kateman is a resident of Rocheport.