I am a small business owner. My company is one of the 24,000,000 small businesses that create 50% of the jobs in this country.
Without us, the politicians chant and drone on & on, the American economy would not be able to expand. We keep America afloat! (Oh, say can you see? Sing it, everyone!)
Small business owners are a lot like “our brave men and women” who serve the country. We get trotted out every time a politician needs a sound byte, needs to let the world and the MSM know that he or she supports Main Street over Wall Street . . . that they feel our pain. What a crock!
Take a look at the Obama Albatross Plan and see what you can find that helps small businesses out. (H/T Ahrcanum “ahR-Kah-noom” > secret secrets)
In a WSJ article, Coburn wrote, “What is not in the bill is as troubling as what is. The package does nothing to clear the toxic assets and bad mortgages that helped trigger the credit crisis. It also contains very little meaningful tax relief to make small businesses and American companies more competitive. Instead, the tax provisions of the stimulus are essentially a modest cash handout that repeats the failed policy of George W. Bush’s rebate-check stimulus.”
A quick read of the excellent article in the National Review of what is in the Bogus Stimulus Plan is enough to make anyone hurl. Below are a few of projects the Obama/Democratic Washington lunatics think will help our economy recover:
$50 million for the National Endowment for the Arts
$380 million in the Senate bill for the Women, Infants and Children program
$300 million for grants to combat violence against women
$2 billion for federal child-care block grants
$6 billion for university building projects (at least there are construction jobs here)
$15 billion for boosting Pell Grant college scholarships
$4 billion for job-training programs, including $1.2 billion for “youths” up to the age of 24
$1 billion for community-development block grants (hmm, how do you spell ACORN?)
$4.2 billion for “neighborhood stabilization activities” (WTF is this?)
$650 million for digital-TV coupons; $90 million to educate “vulnerable populations” (WTF is that?)
Many of these projects have merit, but have absolutely no business in a plan designed to stimulate the economy. In truth, Obama and the Dem’s really don’t know what they are doing, although they acknowledge what they are doing will double the $1 trillion debt left by Bush. This is Washington’s version of throwing everything up on the wall and hoping something will stick. Well, Barack, Nancy, Barney, & Chuckie babe . . . guess what? Hoping won’t get the job done. Common sense and restraint will. What am I talking about? This is Washington, after all.
This is big government as its worst, and getting bigger every day. As you reviewed this list, did you find anything it that helps the “back bone of the American economy”, small business? No? Me neither, because, it’s not there! BTW, if you are a homeowner, you won’t find anything here, either.
What we have here is the Grand Gesture, the “See, aren’t you glad you elected me? Look how much money I know how to spend!) designed and put together by the fools in Washington who absolutely no idea what it means to own a small business . . . what it means to meet a payroll . . . what it means to make a profit . . . what it means to “make do” with the resources at hand and keep your business afloat.
In part II, 5 things that Washington could do that would really stimulate the economy without emptying the treasury, help small business, and get consumers spending, again!