“Under President Obama,” the campaign web feature then crows, “Julia starts her own web business. She qualifies for a Small Business Administration loan, giving her the money she needs to invest in her business. President Obama’s tax cuts for small businesses like Julia’s help her to get started. She’s able to hire employees, creating new jobs in her town and helping to grow the local economy.”
In the real world, according to Dun and Bradstreet, the SBA supported fewer than 62,000 small business loans: a measly 0.2 percent of the nation’s 27.5 million small businesses. The vast majority of entrepreneurs get their start without the SBA’s “help” and want only one thing: for Obama and his wealth-confiscators to leave them the heck alone…
My story? I’ve founded three web ventures over the past eight years without a penny of taxpayer money or government venture socialism. We free-market-centered small-business women can “grow the local economy” and raise our children and improve our schools just fine without the meddling, patriarchal hand of President Obama taking credit for our every last success.
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