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Lloyd Chapman wrote a new diary post: Jobs, Jobs, Jobs Can Only Be Achieved With Small Businesses
Everyday, as I watch the national news, everyone is talking about jobs, jobs, jobs, but small businesses are conspicuously absent from the discussion. According to the latest U.S. Census Bureau data, small businesses are responsible for creating over 90% of net new U.S. jobs . Independent organizations like the Kauffman Foundation have found that small businesses created virtually [...]
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Lloyd Chapman wrote a new diary post: Obama Approves Program That Allows Prime Contractors to Cheat Small Businesses
As part of the National Defense Authorization Act (NDAA), President Barack Obama renewed a program large prime contractors use to circumvent the Small Business Act. The Comprehensive Subcontracting Plan Test Program (CSPTP) is fascinating for a number of different reasons. First of all, it’s a test program that has never been evaluated. It is more [...]
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Lloyd Chapman wrote a new diary post: Obama’s Merger of the SBA and Dept. of Commerce is Designed to Kill Federal Small Business Programs, Not Shrink Government
Despite the President’s claim that it will ‘ streamline’ the federal government, Obama’s recent proposal to consolidate six federal trade and commerce departments is actually an attempt to close the Small Business Administration. For over three years I have been predicting that President Obama would try to close the SBA by combining the agency with the Department [...]
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Lloyd Chapman wrote a new diary post: Obama Administration Will Abolish The Most Successful Minority Job Creation Program in U.S. History
Before the holidays are over, the Obama administration will most likely eliminate the nation’s oldest and most successful program for directing federal infrastructure spending to minorities. By abolishing this program, which was established by the Civil Rights act to require that five percent of federal infrastructure spending be with minority-owned small businesses, the Obama administration [...] -
Lloyd Chapman wrote a new diary post: Earth to Washington: Small Businesses Create All Net New Jobs
As I watch the coverage of our nation’s failing economy, an army of political pundits and economists parade through news programs giving their take. Yet one piece of information is conspicuously absent from mainstream coverage of the economy: small businesses create the majority of net new jobs in America. According to the US Census Bureau , small [...] -
Lloyd Chapman wrote a new diary post: Why the Justice Department Should Also Investigate the NSA for Phone Hacking
Attorney General Eric Holder announced the Justice Department would begin an investigation into News Corporation and Rupert Murdoch. The FBI has also decided to investigate Mr. Murdoch and News Corp. Both investigations begin amid allegations that the now defunct News of the World attempted to hack the phones of 9/11 victims. The illegal monitoring of [...]
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Lloyd Chapman wrote a new diary post: Lloyd Chapman: What Obama Could Do Now
The federal government has a goal of awarding 23 percent of the total value of its purchases to small businesses. It is not currently meeting that goal. A recent study by the American Small Business League (ABSL) found that small businesses only receive between 2 and 6 percent of federal government contracts ( PDF). The top “small business” [...]
