If 80% of the Jobs in America are created by Small business, why the big business bailouts?
October 19th, 2009
14 comments
Hit Pig [scoffer] asked:
Doesn’t it make more sense to spend 800 billion on making Loans to small business? Wouldn’t that be more stimulative quicker? nd with a robust and revived economy, would’ those loans be more likely to be paid back earning the Government (taxpayers) a profit?
Ignorance, actualy, you are both correct and incorrect.. Small business has accounted for about 80% of NEW jobs in America over the last 7 years… It would be incorrect for me to suggest that 80% f ALL jobs are with small business
Doesn’t it make more sense to spend 800 billion on making Loans to small business? Wouldn’t that be more stimulative quicker? nd with a robust and revived economy, would’ those loans be more likely to be paid back earning the Government (taxpayers) a profit?
Ignorance, actualy, you are both correct and incorrect.. Small business has accounted for about 80% of NEW jobs in America over the last 7 years… It would be incorrect for me to suggest that 80% f ALL jobs are with small business