If you’ve ever tried to start your own business, this will stir old hopes and frustrations: Shortly before President Obama‘s State of the Union speech last week, a new Washington watchdog group launched its first campaign with a report on “The Regulated State of the Union.”

The Center for Regulatory Solutions — a project of a 20-year veteran of entrepreneurial advocacy, the Small Business and Entrepreneurship Council — had the temerity to call on Obama to “not just listen to concerns from small business owners, but to take concrete steps to alleviate the burden of overregulation, which is stifling innovation and raising unnecessary costs that destroy jobs.”