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Small-business owners prefer Obama over Romney

Rich Coleman
by Rich Coleman
September 20, 2012
1 minute read
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A new survey has deduced some interesting results: Small-business owners think Romney might be less supportive than the President.

According to a study conducted by George Washington University’s Graduate School of Political Management, 39% of more than 6,000 small-business owners said President Obama is “more supportive of a small business” versus 31% who said the same thing about Romney.

The study also found that 34% of self-identified independent voters gave their support to Obama, 27% for Romney and 39% undecided.

David Rehr, a lead researcher on the study and professor at GWU, told CFO Magazine that he was surprised by the study and thought Obama’s “You didn’t build that” comment wouldn’t have sat well with small-business owners.

But he believes small-business owners are being more “practical and pragmatic,” and spending less time worrying about ideologies.

Economy is top issue

The study also found that the single most important issue for business owners is the economy and job creation, followed by ethics/honesty/corruption in government. Rehr attributes this to lower confidence in the government overall.

When asked what costs were most burdensome, gas and fuel expenses led everything else, followed by self-employment taxes, personal income taxes, and health-care costs.

What do you think about the results of this  study? Do you think Obama or Romney will be more effective for small-business owners? Let us know in the comments below.

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CFO Daily News, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day’s headlines, CFO Daily News delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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