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Top Oklahoma Issue:

6 Reasons Why SQ 695 Will Hurt Oklahoma's Small Business


1. 695 Will Lower Wages for Oklahomans.
According to a study by the Economic Policy Institute, wages are 6.5% lower in states with laws like 695. When wages drop, families have less to spend, and local businesses suffer.


2. It Will Be Harder for Small Businesses to Compete with Large Corporations.
The campaign to pass 695 is being funded by large multi-national corporations, not Oklahoma small businesses. Large corporations want to pass 695 because it will allow them to drive down wages and squeeze Oklahoma small businesses out of the marketplace. Small businesses that provide fair wages will find it increasingly hard to compete.


3. It Will Cut Employee Benefits
States with laws like 695 rank at the bottom of the nation for the number of their workers getting health care coverage. A study by the Economic Policy Institute found that 112,000 Oklahomans will lose their health insurance if 695 passes. This will cost taxpayers millions because state health programs will have to pay medical expenses for citizens without coverage.


4. 695 Will Force More Families to Leave Oklahoma.
In Oklahoma, our traditions and values have endured over generations. If 695 passes, more young people will be forced to leave in search of decent jobs with livable wages and benefits. We cannot preserve our Oklahoma heritage if families keep leaving the state.


5. We Need a Positive Plan to Create Good Jobs.
State leaders need to help improve our business climate and create good jobs in Oklahoma. That means improving education, building roads, expanding job training, keeping taxes down, and eliminating unnecessary regulations. 695 does none of this.

6. It Will Leave Oklahoma with Low-Skill, Low-Wage Jobs.
There is no evidence 695 will lead to real job growth. If it passes, high-tech and manufacturing industries that pay decent wages won't come to Oklahoma. We will be left with multi-national corporations offering mostly low-skill, low-wage jobs.

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