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Over the past two decades, small businesses have created 65% of all new jobs in America according to the Small Business Administration.  Yet, nearly four years into the current recession, 85% of U.S. small business owners still aren’t hiring.  That’s according to a survey of 600 small business owners by Gallup that found instead of having America headed in the right direction, Obama’s policies are the problem.

According to the survey results:  

• Forty-eight percent of respondents who are not hiring said it was due to concerns about possible rising health care costs.
• Forty-six percent cited concerns about government regulations as a primary reason for their choice not to hire additional workers.
• Twenty-four percent of respondents that were not hiring said they are holding back from hiring because they are worried about no longer being in business in 12 months.
• Seventy-one percent of those surveyed said revenues/sales wouldn't justify hiring additional workers.
• Sixty-six percent expressed worries about the overall economic situation.

The President and the Democrats promised ObamaCare would lower health care costs – obviously, these business owners concluded that was not true.  Senate Democrat Leader Harry Reid recently said that there “aren’t any” regulations that “do broad economic harms” – however, these business owners know differently.  And, the President’s new budget which is full of new taxes, more government growth, spending, and debt is more bad news that adds even more worries for these business owners.  Uncertainty about the future is the reason most often cited by business owners and consumers alike for the anxiety they feel about the economy and the reason for holding back – and, rather than providing relief, Barack Obama and his policies keep tightening that knot in their belly.