Democrat Blanche Lincoln Turns on Obama Over Small Business Regs

This week, former Arkansas Senator Blanche Lincoln (D) lead a cadre of small business owners from a number of states to Washington in an attempt to convince Congress that their commitment to over-regulating American entrepreneurs is a surefire way to destroy the American economy.

From The Hill:

Former Sen. Blanche Lincoln of Arkansas and Dan Danner, the chief executive of the National Federation of Independent Business, signaled Wednesday that taking some of the regulatory load off smaller companies would help in the current battle against high unemployment.

“The message that we’re trying to leave is that if we want to create more jobs and make the economy better, how do we somehow get this disproportionate burden of ever increasing new regulations off the backs of the people who create the jobs?” Danner said at an event launching his group’s Small Businesses for Sensible Regulations campaign.

According to the Small Business Administration, regulations on American small businesses, which comprise 60 percent of all private-sector jobs and account for about two thirds of jobs created each year, deprive the American economy of $1.75 trillion annually. By reducing – or at least compromising – on current regulations and letting go of the nearly 4,200 regulations on the table right now to be passed this session, Congress could stimulate one of the fastest-growing American industries. Unfortunately for Blanche Lincoln and her team of American business owners, Congress will be hard to convince.

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