Obama to help Small Business

[miraja2]

Given that small business owners are the only people in the country worth a damn, it is shocking that this action hasn't taken before.
I just hope that someday soon Congress will get around to passing a law which mandates people worship at the feet of small business owners at least 4 hours a day.

[Antitrust32]

Originally Posted by miraja2

Given that small business owners are the only people in the country worth a damn, it is shocking that this action hasn't taken before.
I just hope that someday soon Congress will get around to passing a law which mandates people worship at the feet of small business owners at least 4 hours a day.

this post is incredibly ignorant.

lets see, facts from the GOVERNMENT:

- Small businesses make up more than 99.7% of all employers

- creates more than 50% of the nonfarm GDP

- 22.9 million small businesses in the USA

- employ 50% of all private sector workers

- make up 97% of exporters and produce 29% of all export value

- and lets see, the most important one in todays setting, small businesses create 75% of the net new jobs in our economy.

http://usgovinfo.about.com/cs/busine.../sbatopten.htm


So yeah, small business is not important

[miraja2]

Oh dear god. Not these same old statistics again.
I know that small businesses are important to the economy. I have never said or implied that they are not. Everyone knows they are. It isn't really even a matter of debate.
My post was just a reference to a past debate with Chuck, and was not intended as a reflection on this particular plan for small businesses.

[Cannon Shell]

Originally Posted by miraja2

Given that small business owners are the only people in the country worth a damn, it is shocking that this action hasn't taken before.
I just hope that someday soon Congress will get around to passing a law which mandates people worship at the feet of small business owners at least 4 hours a day.

We donate lots of money and we vote, therefore...

I expect the law passed early in 2012 as an act of desperation by an Obama with a 10% approval rating.

[Antitrust32]

Originally Posted by Cannon Shell

We donate lots of money and we vote, therefore...

I expect the law passed early in 2012 as an act of desperation by an Obama with a 10% approval rating.

I'm hoping we wont need money pumped into the economy in 2012..

but seriously, why are the repub senators so against this? its using TARP money not another stimulus..

[Cannon Shell]

Originally Posted by Antitrust32

I'm hoping we wont need money pumped into the economy in 2012..

but seriously, why are the repub senators so against this? its using TARP money not another stimulus..

Well maybe because TARP money is mandated by law NOT to be used in this manner? One of the only reasons that TARP passed initially was because of that mandate. Secondly it is a politically motivated use of hundreds of billions of taxpayer dollars in a short term and most likely ineffective way. That would upset me.

And I dont know why anyone would think that the economy is going to magically come back around in 2 years with the condition of the rest of the world not to mention the dollar, interest rates, upcoming tax increases, stagnant unemployment rates, close to bankrupt states, upcoming inflation, ect....

[timmgirvan]

Originally Posted by Cannon Shell

Well maybe because TARP money is mandated by law NOT to be used in this manner? One of the only reasons that TARP passed initially was because of that mandate. Secondly it is a politically motivated use of hundreds of billions of taxpayer dollars in a short term and most likely ineffective way. That would upset me.

And I dont know why anyone would think that the economy is going to magically come back around in 2 years with the condition of the rest of the world not to mention the dollar, interest rates, upcoming tax increases, stagnant unemployment rates, close to bankrupt states, upcoming inflation, ect....

.....rose-colored glasses?

[Riot]

Originally Posted by Cannon Shell

Secondly it is a politically motivated use of hundreds of billions of taxpayer dollars in a short term and most likely ineffective way. That would upset me..

Yeah! Our elected national leaders have to know we will not fall for their fake concern about our well-being, our economy, small business health, jobs and country!