Harms small business

Harms small business

Commentary

The Great Regulation Charade

September 20, 2011

Cry Wolf Quotes

Right-to-Know: Much Pain, Little Gain [for Small Businesses]

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The title of an article by Kevin L. Bromberg, Assistant Chief Counsel for Energy and Environment at the Bush Administration’s Office of Advocacy of the Small Business Administration. Only date available: September/October 1988.

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.

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Ken Clayton, senior vice president of card policy at the American Bankers Association, Washington Post.

To expect well over half a million small businesses to adhere to these extensive requirements would be regulatory overkill.

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Frank S. Swain, Chief Counsel for Advocacy, of the Reagan’s Small Business Administration.

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.

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Pennsylvania Representative Jim Merry (R-Crawford)