The Hill News

As we continue to watch the political theater that unfolds in Washington during the debt ceiling debate, many officials have failed to realize something important: with each and every passing day as we got closer to the August 2nd deadline that would lead our country into default, small businesses and those on main street were struggling to keep their doors open as our economy hung in the balance. This was due to one primary reason: no one knows what Washington is going to do next to interfere with business. As a result, we are stuck in an indecisive mode!  

As entrepreneurs and small business owners, we operate on a tremendous amount of market unknowns. Yet we move forward. Recently, economic events have increased these unknowns. Yet the biggest issues -- which most of us do not have experience with -- are the issues coming out of Washington. New health care laws, new tax issues, access to capital risks, new regulations we aren’t even aware of, law suit risks...! The list goes on.

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