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SurePayroll Survey Finds Small Businesses 50/50 on Rescue Plan

SurePayroll, which does a nice job pulling together statistics about the small business market, conducted a survey on Monday, September 30th, of 262 small businesses. The first question was:

“Do you believe the federal government is making the right decision in bailing out financial firms on Wall Street?”

They sent me a link to the raw survey results — below is the actual response for that question in the survey. Talk about evenly divided! 50% in favor. 50% against.

SurePayroll survey response on bailout / rescue plan for credit crisis

To some degree the question was worded such that it tended to evoke a negative even cynical response. Still, I know that small business owners are divided on this subject, just from my recent discussions with people.

What’s especially interesting are some of the verbatim write-in responses to the survey. They’re eye-popping and revealing. Here are some of the write-in comments:

  • I’m angry, but understand it’s probably necessary.
  • I’m livid
  • It is a waiste of $$$ if our market needs a correction then let it correct itself. I truly believe this is delaying the inevitable.
  • It makes me angry. We own a small business and can not get help when we have needed it!
  • It needs to happen no choice
  • It’s a necessary evil. Government should expropriate all failing companies.
  • It’s disappointing.
  • It’s socalisim
  • It’s the right decision, but I do not like it.
  • just think the gov. should stay out of it
  • the average person needs more info

Source: Anita Campbell of Small Business Trends

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on October 1st 2008 in 396