Is the Biden administration anti-business? That’s certainly something to be debated over dinner. Since taking office in 2021, President Biden’s various departments and agencies have issued numerous pro-worker rulings and proposals and supported left-leaning states in their efforts to increase their minimum wage, require paid time off, implement transparency rules, change worker classifications, increase safety regulations and eliminate noncompete clauses. And the regulations aren’t ending anytime soon. Just in the past few weeks, Biden administration agencies have made it easier for unions to unionize workers, for workers to sue over discrimination or harassment, and to force businesses to tell the government about their ownership structure.
Opinion:
It is undeniable that the Biden administration has put forth a number of regulations that have been beneficial for workers. However, it is also important to consider the impact these regulations have on small businesses. Many small businesses are struggling to keep up with the ever-changing regulations, and the cost of compliance can be significant. Furthermore, the regulations may be too restrictive for some businesses, making it difficult for them to compete in the marketplace. It is clear that the Biden administration is trying to create a fairer and more equitable business environment, but it is important to consider the potential unintended consequences of these regulations.
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