Small Business and Economic Recovery

Testimony before the 2009 House Republican Small Business Forum
Small Business and Economic Recovery 

According to the Small Business Administration, small businesses have generated between 60-80% of net new jobs annually over the last decade. Small businesses employ half of all private sector employees and create more than half of the non-farm private gross domestic product. Small businesses are responsible for jumpstarting the economic recovery from the 2001 recession, generating 100% of all new jobs during that economically-difficult time.

Yet Congress often overlooks the degree to which a free and growing economy relies on vibrant small businesses. Irrational tax policy, confusing workplace regulations, and "command-and-control" laws from Washington create a barrier for small businesses to prosper. I am grateful for forums like this to discuss these and other important issues that will allow small businesses to thrive. If they are freed from the burdens of over-taxation and over-regulation, small businesses can lead the way to economic recovery.

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Health Care Reform in a Struggling Economy: What is on the Horizon for Small Business?

Testimony before the 2009 House Comittee on Small Business
Healthcare Reform in a Struggling Economy:
What is on the Horizon for Small Business?

People should be able to purchase, with pretax dollars, health plans that are portable from one job to the next, just as group plans do.  Employers should be able to help pay the premiums on those individual plans.  To avoid costly state mandates, small businesses should be allowed to purchase plans similar to self-funded companies for their employees.  If sections of ERISA are rewritten or association health plans allowed, small businesses could create a national marketplace where insurance companies and care providers compete for individuals on price and quality.

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Policies That Work, For Americans Who Work: Making a Difference for Women and Their Families

Testimony for Submission to the
Senate Health, Education, Labor, and Pension Committee
Weathering the Economic Storm:
Helping Working Families in Troubling Times

Mr. Chairman and members of the Committee, I am Terry Neese, Distinguished Fellow at the National Center for Policy Analysis, a nonprofit, nonpartisan public policy research organization dedicated to developing and promoting private alternatives to government regulation and control, solving problems by relying on the strength of the competitive, entrepreneurial private sector. 

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Policies that Work for Americans that Work

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