Tuesday, October 6, 2009

Obama Weighs Spending to Stem Job Cuts Without Second Stimulus

President Barack Obama is considering a mix of spending programs and tax cuts to respond to widening job losses that would amount to an additional economic stimulus without carrying that label. http://www.bloomberg.com/apps/news?pid=20601087&sid=aRuiJDCk.HD4

If Washington truly wants to stem job loses it must do more to help small business! Many small businesses have cash flow problems, unable to get credit, face a bureaucratic regulatory climate, burdensome tax system and a legal system that places litigation above everything else. Washington needs to talk to small business owners and they will find out what is real going on across America. Too often Washington only works for the large corporations as evident with bailouts going to Wall Street and large corporations such as the Auto industry. Start taking care of small business and you will see economic growth immerge; if you don’t then you will only see higher unemployment.

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