Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pnwmom

(110,326 posts)
34. This means the SBA will have a seat at Cabinet meetings.
Fri Jan 13, 2012, 11:00 PM
Jan 2012

What would be wrong with that?

Unfortunately, there is another proposal that might not be as good for small business.

http://www.latimes.com/business/la-fi-small-business-20120114,0,733555.story

Reporting from Washington— Small businesses scored a victory when President Obama said the head of the federal agency that provides them with loan guarantees and other assistance would begin attending Cabinet meetings.

Karen Mills, who leads the Small Business Administration, "is going to make sure that small-business owners have their own seat at the table in our Cabinet meetings," Obama said Friday.

His announcement was welcomed by small business advocates. For more than three years, they had been urging Obama to elevate the SBA administrator to Cabinet rank, the same top status as in the Clinton administration.

But some worried that the enhanced voice for small businesses at the highest levels of the Obama administration could be short-lived because of another proposal to combine the agency with five others.

Recommendations

0 members have recommended this reply (displayed in chronological order):

K&R for real change think Jan 2012 #1
I really don't see how this will accomplish anything. MinervaX Jan 2012 #2
Yeah, nothing Obama ever proposes means anything, right? pnwmom Jan 2012 #7
Why don't you emilyg Jan 2012 #10
This message was self-deleted by its author savalez Jan 2012 #31
This means the SBA will have a seat at Cabinet meetings. pnwmom Jan 2012 #34
Thanks. emilyg Jan 2012 #35
Small business needs to be separated from large corporations somehow... saras Jan 2012 #20
This is a VERY good thing Gman Jan 2012 #27
This will do nothing until it is illegal for major corporations and conglomerates Lint Head Jan 2012 #3
Being an "S" corp doesn't reduce taxes. It just changes who has to cut the check. (nt) jeff47 Jan 2012 #12
No publicly traded corps nor most large ones are Sub S Sgent Jan 2012 #22
The taxes do get paid nevertheless Gman Jan 2012 #28
His SOTU speech a couple years ago XemaSab Jan 2012 #4
He's making the government bigger!!1111 jpak Jan 2012 #5
Suggestion: Make banks that got bailouts write small business loans? McCamy Taylor Jan 2012 #6
I like that idea BlancheSplanchnik Jan 2012 #11
Oooooo. I like that a lot too. Robb Jan 2012 #18
Do we really want to force banks to make bad loans? Aren't they messed up enough with bad mortgages dkf Jan 2012 #21
SBA loans aren't "bad" by definition. Quite the opposite. Robb Jan 2012 #26
Banks are the ones not making SBA loans right now? dkf Jan 2012 #29
Rearranging deck chairs. kestrel91316 Jan 2012 #8
I like the new deck chair arrangement... Kalidurga Jan 2012 #13
+1 Sherman A1 Jan 2012 #25
Why? AngryAmish Jan 2012 #9
Because there is an election this year. harun Jan 2012 #14
to reduce redundancy in the area of trade and commerce. LanternWaste Jan 2012 #17
I have a feeling he's going in the direction of co-opting the only good part of what the rethugs truthisfreedom Jan 2012 #15
This is VERY important--why? Because small businesses HIRE PEOPLE. MADem Jan 2012 #16
Good news on multiple levels. BadgerKid Jan 2012 #19
Good idea. dkf Jan 2012 #23
broklynite - in the future OKNancy Jan 2012 #24
Listening about this on Randi Roads usrname Jan 2012 #30
I am totally into this. Small business owner, here. Finally. This a great idea. byronius Jan 2012 #32
Wait for it... jmowreader Jan 2012 #33
So what is a small business? fasttense Jan 2012 #36
This makes sense and sticks it to the GOPers.. DCBob Jan 2012 #37
It's not a panacea; Gringostan Jan 2012 #38
Latest Discussions»Latest Breaking News»President Obama said toda...»Reply #34