Obama Fiddles While Small Businesses Fizzle
February 17, 2009
It looks like Hollywood has a bad case of congressional Dem disease.
Doctors say the main symptom of the disease is an irrepressible urge to spend somebody else’s money.
An unsubstantiated source claims that Tinseltown libs are begging President Obama to put pressure on Congress to amend the stimulus bill and include the following:
Speaking of the porkiest bill ever passed in America’s history, its authors claim that it was really designed to create jobs.
In their dreams, maybe.
According to the American Small Business League, 97 percent of all new jobs come from small businesses, i.e., those with fewer than 20 employees, so small businesses are the primary source of real job creation.
More than half of all Americans bring home a paycheck that results from working at a small business.
In its reach for pork and power, the Obama administration turned its back on a simple policy that could have helped create genuine employment.
The law, as set forth in the Small Business Act of 1953, requires a minimum of 23 percent of all federal contracts and sub-contracts be awarded to small businesses.
However, hundreds of billions of dollars in federal contracts, which by law should be going to American small businesses, have been diverted to larger firms, probably courtesy of one of the president’s supposed pet peeves: lobbyists.
In February 2008, then-candidate Obama released a statement saying: “Small businesses are the backbone of our nation's economy and we must protect this great resource. It is time to end the diversion of federal small business contracts to corporate giants.”
As the saying goes, that was then, this is now.
The Obama administration is allowing legislation to languish that, if passed, could prevent federal contracts that are designated to keep America's nearly 27 million small businesses from being hijacked.
It could be that somebody in the White House is trying to cover up the president’s broken promise, because the BarackObama.com Web site has been altered and the phrase, “It is time to end the diversion of federal small business contracts to corporate giants,” has been vaporized.
It’s a whodunit that could even make a decent flick.
Somebody ought to put out an APB for the mainstream media.
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