posted
Jun 1, 2011 by News Gatherer
It is 99.93% of all businesses in America.Why so broad a definition?So politicians, giant banks, and even the SBA can continue to claim they are focused on helping small businesses while totally focused on larger companies with more political donor power. This includes 28 million out of 28.1 million businesses in the U.S. in 2009 Australia passed the Fair Trade Act defining small business as less than 15 employees.Apparently it’s not impossible, but it is definitely inconvenient for those like the SBA, big banks and big government who regularly trot out companies of 50-500 employees and claim they are helping “small” business.The media needs to stop allowing the SBA, politicians and banks to simply feed them unproven claims of small business support without requiring that they first define the size of companies they see as “small”. Until the SBA embraces a reasonable definition of “small”, all claims that they help small businesses simply cannot be believed.The SBA defines “small” as “less than 500 employees”. (only 18,000 do not qualify), a constituency so broad as to be meaningless. The European Union has universally defined it at 50, and “Micro” businesses at 10. Until we have full disclosure on what size companies actually got the help, these claims should fall on deaf ears.Big is not small and the SBA has a responsibility to stop making claims without a meaningful definition. The SBA’s Size Standards white paper says it is “utterly impossible” to define the size of small business, then they go ahead and do it at 500 employees. It’s no different than defining all people under seven feet tall as “short”.
The democrats re the ones who have made it hard on small business and the SBA is a Joke we tried to get a loan their rate was higher than if we used our credit cards. Thats a big help. They offered NOTHING to the entrepreneur even with great credit and personal assets.We were told that they would give us $3000 at #12.85% interest.
The reason that more jobs aren’t being created: small businesses are being economically stangled. Fact: SMALL businesses of 500 employees or less lost 80 of the 100 jobs lost since Obama was elected. See the dept last 4 years of facts, not the hype. SBA in this biased interview says “Small” BUSiness owners account for 2 of 3 jobs created. JUST THE FACTS MAAM. SBA has consistently failed since a Liberal Congress added new tax legislation,and new rules designed to reward foreign investors & high risk owners owners while race & gender slanted toward non-whites.
They treat us as if we are totally stupid as well as blind. If their figures are right I have only worked for ONE ‘big business’ that employed more than 500 people. If you don’t have the secret ‘requisite number’ it’s ‘go F*** yourself, you’re already a loser’. It’s STILL considered ‘Small Business’ so don’t even bother to apply for a laon if you don’t employ up to 500 people. Yes and 99% of the money went to the ‘SMALL BUSINESSES’ that hire 500 people. Its all a farce and just another way to get money to the already wealthy. THAT’S SMALL BUSINESS’ as far as Washington is concerned. Every time he tours a ’small business’ its easy to see its really not a ’small business’ at all but a well established enterprise and they are the one’s benefiting from the SBA. Obama is no different.
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