Businessweek Archives

Bill Clinton: Exile On Main Street


Up Front: SMALL BIZ

BILL CLINTON: EXILE ON MAIN STREET

THE PRESIDENT'S WOOING OF small business is drawing a tepid response. Oh, Bill Clinton and Vice-President Al Gore got an outwardly enthusiastic reception from some 2,000 delegates at the White House Conference on Small Business by displaying 16,000 pages of government regs being axed. Example: How to cut string beans.

But most of the entrepreneurs were doubtful of his commitment. Why? Consider the Clinton-backed family-leave law, which allows workers to take time off for nursing sick relatives and other obligations. Small-business owners say this strains

their limited resources. Then there's the Administration's proposal to up the minimum wage 90 cents, to $5.15 per hour. That upsets small-biz folks, even though the GOP Congress likely will block it. Fred Ahle, who runs a Longview (Tex.) printing operation, says this would stop his hiring more workers. Worse, conference-goers still resented Clinton's ill-fated health plan, requiring them to pay for workers. EDITED BY LARRY LIGHT, WITH OLUWABUNMI SHABI Amy Barrett


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus