Heritage expert testifies before Senate on harm government policies are doing to small businesses

Senior Wealth Researcher Rachel Greszler recently testified before the Senate Committee on Small Business and Entrepreneurship, speaking to small businesses struggling with inflation due to the left’s reckless economic policies.

Greszler is passionate about labor politics because “work is fundamental to human flourishing.” She says, “It is a primary source of freedom, opportunity, personal dignity and self-esteem.”

In her opening statement, she noted that government attempts to improve the workplace are often counterproductive:

“Politicians and bureaucrats can’t know the needs of businesses any better than employers themselves, so they should stop diverting people to programs that waste their time and taxpayers.” money when private sector employers can and do provide more effective education and training.

“While the temptation for policymakers is always to do something, the best solution to tackling inflation and improving the workforce is to intervene less. Instead of building an expensive new highway, policymakers should simply remove the barriers that keep people from getting where they need to go in the shortest time and at the lowest cost.

Greszler defended small businesses by shedding light on their most recent challenges resulting from government-induced inflation: “Finding the quality workers they need has been small businesses’ biggest concern for years, but the inflation has recently overtaken that as the number one problem for business owners.”

She went on to say, “The federal government is the primary cause of inflation and labor and skills shortages, and the administration’s proposed ‘solutions’ to spend more, produce less, and subsidize more ineffective education while negating more effective alternatives are all upside down. ”

You can watch his full opening statement here. His testimony can be found at Mark 26:11.

Greszler has been tracking what’s been happening in the job market since the start of the COVID-19 pandemic, including how federal unemployment insurance premiums have made it harder for businesses to find workers. She looked at the statistics on how the unprecedented labor shortage is affecting small businesses in nearly every industry in the United States.

Incorporating both data – including obtaining unpublished data from the Bureau of Labor Statistics (through a connection with a former heritage director who is now director of the BLS) – and also personal experiences learned from conversations with of small business owners, she began an ongoing series of labor market reports and also recently partnered with Heritage’s education policy team to release a report examining the ways in which federal policies impede less costly and more effective education and training alternatives to develop and prosper.

As a senior fellow at the Grover M. Hermann Center for the Federal Budget, Greszler focuses on retirement and labor policies such as Social Security, disability insurance, pensions, and workers’ compensation. His work focuses on policies that promote economic growth, individual freedom and personal well-being.

His writings and research include analyzes of reforms to Social Security and its Disability Insurance program with the aim of bringing them back to their original purpose of preventing poverty and reducing government control over retirement savings. personal.

She also focuses on public and private sector pensions, seeking reforms to prevent governments, employers and unions from making underfunded promises, and proposing solutions to minimize pension losses and prevent taxpayer bailouts. where underfunded promises have already been made.

Greszler also provides research and commentary on workplace issues such as federal employee compensation, women’s issues, and labor policies such as minimum wage and paid family leave.

To learn more about the work of Rachel Greszler, click here. And if you want to receive more heritage news and content, you can subscribe at the bottom of this page.

Julio V. Miller