In a Goldman Sachs survey, more than two-thirds of small business owners claimed that the federal government is not providing for their needs.
According to the study, which was released on Sunday, 70% of small-business owners awarded the federal government a C or lower on the effectiveness of the services, tax credits, and programmes that were available to them.
Just 16% of people gave the federal government a grade of B or above.
85 percent of the small business owners polled awarded the federal government a C or lower for the job it does in terms of marketing and conveying the programmes, services, and tax credits that are accessible to them.
According to Joe Wall, national director of Goldman Sachs 10,000 Small Businesses Voices, “business owners don’t feel like the programmes are all that effective, and they also don’t feel like they have a sense of what’s there, some of which maybe is effective.”
96 percent of respondents agreed that the federal government need to adjust its policies and initiatives more closely to the requirements and circumstances of small enterprises. Furthermore, elected politicians in Washington are given priority over small businesses when making policy decisions, according to 93 percent of respondents.
28 percent of respondents indicated they feel negative, while 68 percent said they are confident about their company’s financial trajectory this year. 1,838 people participated in the Goldman Sachs study, which was conducted between January 23 and January 26 and included small business owners from 48 states.
