Poll: Small Firms Disgruntled with Feds

Small businesses say the federal government is not doing enough to help them, according to a new poll released Monday.

Sixty-three percent of the 400 participants said the federal government was "doing nothing" to help small firms while 23 percent said it's "doing little."

Seventy-eight percent said the economic stimulus checks did nothing to help their businesses and 81 percent feel that the United States is in a recession.

The poll was released by American Management Services and conducted by Suffolk University in Boston. The full survey results are available online here.

On politics, the poll showed that small businesses favor Sen. John McCain (R-Ariz.) over Sen. Barack Obama (D-Ill.) by a margin of 38 percent to 21 percent, although about half of the respondents said they didn't know which presidential candidate would offer the best program for small businesses. Of the 400 respondents, 33 percent identified themselves as Republicans, 22 percent as Democrats and 37 percent as Independents.

Meanwhile, a new poll from U.S. Bank shows that 74 percent of Minnesota small business owners believe the economy is in a recession with nearly half of the businesses reporting lower revenues in 2008 than the prior year. However, most Minnesota small business owners also say that the availability of loans or credit has had a positive impact or no impact on their businesses. The poll surveyed 401 small business owners in the state last month.

By Sharon McLoone |  July 15, 2008; 11:13 AM ET Data Points
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Comments

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The worst thing about this election is how
Obama will change CHANGE just to get into
the Whitehouse. I don't think the New Yorker was wrong.

Posted by: Sarah | July 15, 2008 11:30 PM

The fact that so many small business owners are backing McCain makes me feel that I made the wrong decision to open a small business. I am vehemently opposed to McCain and everything that he stands for - namely, a continuation and proliferation of the debilitating policies of the Bush administration. This was truly a depressing article for me to read.

Posted by: Pamela Miller | July 16, 2008 11:57 AM

Neither candidate is the ideal candidate, but Obama's socialistic policies would be the death of small business as we know it. It appears that his approach to a healthy economy parallels that of Robin Hood and in his mind the small business owners are the rich. If elected his policies do not bode well for business, big or small

Posted by: Audrey Franzone | July 16, 2008 2:43 PM

I hope Obama wins, he is the better candidate for the presidency.

c. soto
c&h truck driving school.

Posted by: Consuelo So5to | July 16, 2008 4:13 PM

The Problem with Obama and a Democratic congress is there will be no check on new programs. I fear if he is elected it will be the green light for many social programs the likes we have not seen since LBJ and the great society. Change is good, but if you look at the Obama platform you and I as small business owners will pay for most of the programs. It will make our share of social security taxes be a fond memory of what we use to pay.

Posted by: andy | July 16, 2008 5:45 PM

Hello c. soto - I agree - Thanks.

p. miller

Posted by: Pamela Miller | July 17, 2008 11:46 AM

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