What steps has Obama taken to help make loans available to small businesses?
http://www.sba.gov/
every year since 1963, president of united states has proclaimed national small business week recognize contributions of small businesses economic well-being of america. part of national small business week, u.s. small business administration recognizes special impact made outstanding entrepreneurs , small business owners. in 2010, national small business week honor estimated 27.2 million small businesses in america. small businesses major contributors strength of american economy. more half of americans either own or work small business. create 60-80 percent of new jobs in country. small businesses drive innovation, create 21st century jobs , increase u.s. competitiveness. http://www.nationalsmallbusinessweek.com...
sba provides low interest disaster loans homeowners, renters, businesses of sizes , private, non-profit organizations repair or replace real estate, personal property, machinery & equipment, inventory , business assets have been damaged or destroyed in declared disaster. http://www.sba.gov/services/disasterassi...
president obama announced on february 5, 2010 2 new small business lending initiatives increase access capital , create jobs. these temporary small business administration initiatives include refinancing program small business owner-occupied commercial real estate , expanded working capital loan program. @ same time, president continued call permanent increase of maximum loan sizes sba’s
7(a), 504 , microloan programs , extend successful small business recovery act lending programs. these initiatives part of administration's broader agenda improve access credit small businesses, including proposal transfer, through legislation, $30 billion new small business lending fund support lending community , smaller banks. http://www.sba.gov/jobsandcapital/
sba here enhance ability of small businesses compete in global marketplace. http://www.sba.gov/aboutsba/sbaprograms/internationaltrade/index.html
american recovery , reinvestment act of 2009 (recovery act) signed law president obama on february 17, 2009. unprecedented effort jumpstart our economy, create or save millions of jobs, , put down payment on addressing long-neglected challenges our country can thrive in 21st century.
act extraordinary response crisis unlike since great depression, , includes measures modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve , improve affordable health care, provide tax relief, , protect in greatest need. http://www.sba.gov/recovery/index.html
hype aside, here truth.
i see major issue in economic recovery, , far can tell obama administration has not been proactive enough in area. 43,000 private sector jobs in may... sorry, doesn't cut it.
independent, , obama supporter.
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