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Is America’s small business economy on life support? In Episode 32 of Capital Ideas, Karen Kerrigan, President & CEO of the Small Business & Entrepreneurship Council (SBE Council), joins the show to expose the widening gap between Main Street and Washington. Despite the glowing headlines about economic recovery, the reality for small business owners paints a very different picture—one defined by inflation, regulatory overload, and government indifference. In this episode, Karen breaks down: • Why inflation is still crushing small businesses, even as official CPI numbers cool—especially for businesses that can’t raise prices or access cheaper inputs. • How Washington’s contradictory policies are creating an impossible environment for growth, investment, and innovation—particularly when it comes to tax policy, labor rules, and access to capital. • The cost of policy paralysis, where no one in Congress seems to understand (or prioritize) how small businesses actually operate in the real world. • Why AI and technology adoption are essential—but poorly understood by regulators who may stifle progress before it has a chance to benefit entrepreneurs. • How capital access remains out of reach for many small firms—especially women and minority entrepreneurs—despite a supposed boom in funding and economic activity. • What small business owners actually need from lawmakers—including stability, predictability, and a regulatory environment that reflects today’s digital economy, not yesterday’s paperwork. Karen also offers a candid assessment of how partisan noise and political gamesmanship are leaving entrepreneurs behind. While both parties love to talk about “supporting small business,” she argues that little has changed where it counts most: policy. ------- If you found this information helpful, please like and subscribe for more updates from us. We are the Investor Choice Advocates Network (ICAN). ICAN is a nonprofit public interest litigation organisation focused on defending investor rights and reducing regulatory barriers to capital access. We challenge overreach from regulators like the SEC, promote free and open markets, and stand up for small investors, entrepreneurs, and innovators who drive economic growth across the US and beyond. We believe in a future where individuals, not bureaucracy, shape financial opportunity. Visit our website 🔗 https://www.icanlaw.org/ #smallbusiness #entrepreneurship #capitalaccess #investorrights #regulatoryreform #economicfreedom #ican