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Prosperity through voter action | May 3, 2010 |
Maine Poll: What is the boss thinking?
Who cares what business leaders are thinking? Well, these days, most everyone has an eye on their boss as they wonder how the enterprise is doing and whether or not their job is going to be impacted by an executive decision. The fifth edition of Minding Maine's Business, a statewide survey of Maine business decision-makers, provides some promising statistics and sobering realities.
The in-depth survey was conducted by Critical Insights (www.criticalinsights.com) in the month of March. The good news from the poll is that 2009 appears to be the emotional bottom for Maine's business leaders. The Maine research firm polled 400 business decision makers to measure their attitudes, beliefs and behaviors as they related to their enterprises.
Cautious optimism is on the rise. As of this spring, one of every three senior executives and business owners in Maine anticipate improvements in the economy during the next twelve months. A year ago, only one in five business leaders felt any optimism and twenty-five percent expected to lay off employees. This year, only eighteen percent expected to make layoffs.
Over the next five years, sixty percent of Maine employers said they expected to grow. Interestingly, only twenty-two percent were optimistic about Maine's economy during the same time frame.
What are business leaders feeling good about? Maine's education system and the depth of the labor pool are considered to be a net positive as is the state's environment and quality of life. Employers also consider the work ethic of Maine people to be one of our greatest assets.
Getting in the way of their enthusiasm are things pertaining to government and public policy in Maine. What was most negative for Maine's private sector employers? - Eighty percent said health care costs - Seventy-four percent said state and local taxes - Seventy-three percent said the state regulatory process - Sixty-three percent said energy costs - Fifty-four percent said workers' compensation costs
Seventy-one percent of business leaders said that Maine state government had a negative attitude toward business growth and investment. Eighty-two percent said they had little to no confidence in the Legislature's ability to foster or promote business development. By contrast, however, more than half of these self-reliant leaders said that Maine's private sector was better suited to foster business development.
Most sobering was the forty-one percent who said they would be unlikely to expand or relocate their business in Maine. Fortunately, an equal percent said they would stay and grow in Maine. The home-bodies were largely along the Maine coast, in the service sector and had few employees. Those who were looking outside the state were from central Maine.
What conclusions can be drawn from these polling numbers?
It appears that business leaders feel they can and will succeed in spite of government in Maine. Charles Darwin's theory of evolution was that species that adapted to change would survive and prosper. Life forms that feel threatened by a change in their environment will physically change, migrate to where they can thrive or die. That is the case for businesses in Maine.
Having spoken with a number of business lobbyists following the most recent legislative session, the common theme was "We didn't get hurt too badly and we succeeded in defeating the worst of the bills that were job killers." That's not much of a ringing endorsement for the Legislature or for state government. It also suggests that businesses need an affirmative agenda.
While businesses clearly feel confident in controlling their own destinies, they seem to lack understanding or confidence when it comes to public policy and politics. In a separate 2009 Critical Insights poll of business leaders, fifty-five percent of those responding said that businesses should not be involved in electing candidates for the state legislature. Fifty-two percent said they would get involved if an issue impacted their business yet fewer than ten percent had ever actually been involved. A third said that they never mix business and politics or are afraid that political involvement would hurt their business.
When it comes to public policy, Maine businesses often are described as spouses caught in abusive relationships - they always believe things might get better if they just don't irritate their oppressors. Unfortunately, the strongest will vote with their feet rather than confront the abuser and engage in politics. That simply leaves weaker businesses, fewer jobs and even fewer career opportunities for our children.
All of Maine would benefit if more employees and employers talked about the issues that impact their business, their customers and their families. The more information and dialogue we share, the better the chance we have of electing the best representation for the future of Maine. As the old Maine Lottery slogan used to say, "You can't win if you don't play."
What do you think and what are you willing to do about it?
Contribute
To help elect Democrats and Republicans who support a strong private sector and an efficient, affordable state government, please contribute to our Maine Prosperity Political Action Committee. We'll put it to good use only in legislative races where it could make the difference between winning and losing.
Please make checks payable to:
Maine Prosperity PAC
PO BOX 645 Augusta, ME 04332-0645.
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Need a speaker?
We are always looking for opportunities to talk about Maine's economy and the impact of public policy on jobs, capital investment and the cost of government. Please let us know if your company, service organization or trade association would like to have a speaker. Just drop us an e-mail and we'll get back to you.
You can make a difference! Thanks!
Tony Payne Executive Director
207-232-7830
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