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American Small Business League
Bush Dismantles Economic Programs for Small Business as Economy Continues Downward Spiral
November 8th, 2008
Ninety-eight percent of all companies in the United States have less than 100 employees. Twenty-seven million firms fall into the category of small business, and small businesses employ 56 percent of our nation's population. These companies are responsible for over 90 percent of the new jobs, over 90 percent of U.S. exports and over 90 percent of innovation in American business. Congress realized America's small businesses were the heart and soul of our nation's economy when they passed the Small Business Act in 1953. Our nation is in the midst of one of the most dramatic economic downturns in modern history. More than ever, America's 27 million small businesses need...
Source: Law & Health Weekly (2008-11-08)
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