Harms small business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
[The Fair Labor Standards Act] will destroy small industry….[these ideas are] the product of those whose thinking is rooted in an alien philosophy and who are bent upon the destruction of our whole constitutional system and the setting up of a red-labor communistic despotism upon the ruins of our Christian civilization.
I have a greater concern – the concern for rural America, the concern for suburban America, which is a concern for the communities that you and I come from….It goes too far, Mr. Speaker. It puts a burden on our small business places….Think about the small business people, the nonmanufacturing entities, that all of a sudden are going to be forced into reporting requirements and the cost of doing business that is going to put many of them under.
The costs of this action would be enormous and obviously could have a disastrous impact upon many small businesses struggling to survive.
ABA is very concerned about the direction this legislation is headed and we are concerned over the impact it will have on the ability of consumers, students and small businesses to get credit cards.
