Businesses "In Limbo" Because of Budget Stalemate

By: Beth Shayne Email
By: Beth Shayne Email

The applause for the governor at the "Michigan Celebrates Small Business" awards dinner Thursday was warm, but straight talk from small business owners reveals a general discontent with the state.

"We're in limbo, and I think the people of the state are in limbo and that creates some apprehension," explains Beaner's CEO and co-founder Bob Fish.

You can read it also in a new survey, pollster Ed Sarpolus says, that show increased uncertainty, less excitement from businesses in the greater lansing area, a change from just six months ago.

Beaners CEO Bob Fish says it's not a climate he's seen before. Of particular concern--the single business tax and personal property taxes. The problem, he says, is not the policies. It's the not knowing.

Sarpolus says schools and public service are industries that really are tethered to the state. The surprise stat in his survey he says, is that healthcare is concerned about layoffs too.

"Even healthcare is beginning to react to this budget stalemate that's out there," Sarpolus says.

The governor says all involved know about the discontent and she says she too is waiting.

"The legislature now needs to act," she says.

The state's running out of money mid-May has become a kind of deadline.
Businesses can only watch and wait.

"I think the waiting is the toughest part," Fish says.

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