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American Small Business League
Stimulus Bill Spending Excludes Ninety Percent of U.S. Firms
March 15th, 2009
According to the latest statistics from the U.S. Census Bureau, 98 percent of all U.S. firms have less than 100 employees. Ninety percent of all firms in the U.S. have less than 20 employees and are responsible for over 97 percent of all new jobs in America. These 27 million firms employ over 50 percent of the entire private sector workforce. /p> The stimulus bill signed last week by President Obama was designed primarily to create and preserve jobs. Yet not one line of the bill contains specific language to direct any of the stimulus bill's spending to the 98 percent of American firms that create over 97 percent of all...
Source: Pharma Investments, Ventures & Law Weekly (2009-03-15)
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