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Obama Touts Small Business Initiative

September 15. 2010

U.S. President Barack Obama

U.S. President Barack Obama gave a speech today in the White House's rose garden (see: backyard) addressing the small business initiative, he states he is on the verge of passing. 

Obama opposes tax cuts for the rich, which the Judiciary Report has been against from the beginning as well. However, the president is seeking to spend billions, once again, in what may end up squandered and misappropriated, as in past cases of stimulus waste.

Small businesses need the assistance, but the Obama Administration, is not doling out the funds correctly, leading to theft, fraud and wasted opportunities, as seen with the job stimulus, which has been a failure. Each time this occurs, the U.S. taxpayer takes a significant financial hit, which is unfair.

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