Obama Promotes ‘Small Business Saturday’ to Boost Economy
EmailIn an open letter today, President Obama threw his support behind the second annual “Small Business Saturday,” a marketing initiative started by American Express to encourage Americans to patronize local small businesses on the same day. The event takes place Saturday, Nov. 26.
“From the mom-and-pop storefront shops that anchor Main Street to the high-tech startups that keep America on the cutting edge, small businesses are the backbone of our economy and the cornerstones of our Nation’s promise,” Obama wrote. “Through events such as Small Business Saturday, we keep our local economies strong and help maintain an American economy that can compete and win in the 21st century.”
Obama writes that his administration has promoted the growth of small businesses by signing into law 18 tax cuts, including the recently passed tax credits for hiring unemployed veterans. He also touted the work of the Small Business Administration in promoting easier access to capital.
“When small businesses do well, communities flourish and our economy grows,” he said. “America was built on the hard work and creativity of our people. On this occasion, we reaffirm our support for America’s small business owners and their staff, and we celebrate the proud tradition of entrepreneurship they represent.”
The Small Business Saturday initiative is also supported by a bipartisan group of 34 U.S. Senators and dozens of major American corporations, including FedEx, Google, Facebook and AT&T.
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More drivel from the White House… a nice concept from someone who has shown us for two and 1/2 years that he doesn’t care about the private sector! — Most of his “tax cuts” (attempts to make him appear the “friend” of small business) are applicable only by “hiring” someone… the one thing small business is scared to do given the hostility to business shown by this administration!! — Businesses are hunkering down hoping the Obama’s “hope and change” will pass and sanity will again prevail!!!
Posted by: TheLoyalOpposition | November 23, 2011, 4:22 pm 4:22 pm
Why doesn’t the failure just resign today and the country can start to dig out of this recession. Yes, that means we’d be stuck with foot-in-mouth, dumbest veep to have ever drawn breath, Biden. Yet, even Biden couldn’t possibly make things any worse than the inept zero currently in charge.
Posted by: Mike | November 23, 2011, 4:33 pm 4:33 pm
THELOYALOPPOSITION | NOVEMBER 23, 2011, 4:22 PM posted: “More drivel from the White House…”
No, a quick read of the story explains that the President is supporting a marketing initiative started by American Express to encourage Americans to patronize local small businesses.
“…one thing small business is scared to do given the hostility to business shown by this administration!!” No, small businesses like mine need customers. Demand justifies the cost of adding employees. More employed customers who spend = greater demand. For us, it’s a chicken / egg thing. Unfortunately, it’s become clear that the Right Wing believes eliminating sanitary conditions and starving the bird will result in more eggs.
“sanity will again prevail!!!” Yeah, like the previous administration’s spectacular job creation – the worst since records have been kept.
Posted by: green.goddess | November 23, 2011, 4:59 pm 4:59 pm
green.goddess 4:59 pm ——- Oh, I guess your right…. I’m being too hard on old Obummer….. I actually like all the things he’s accomplished… dont you?? —- 1) big-gov beauracracy with Obamacare and Dodd-Frank, 2) unemployment steady at 9%, 3) record deficits THREE years in a row, 4) US credit downgrade… now that was nice, 5) spending up 24% in three years… trying to cut corners, 6) Solyndra-Gate… pay off my friends, 7) Fast&Furious-Gate… kill border agents with your scheme, 8) Fiskar-Gate… more friends… ooops in Sweeden, 9) SunPower-Gate (coming soon)!!!! ——– What a successful POTUS, huh????
Posted by: TheLoyalOpposition | November 23, 2011, 5:11 pm 5:11 pm
What a crock! He’s telling the people to support small business and his policies are subverting any chance the small business man has to prosper. I detest communist.
Posted by: michael loehrer | November 23, 2011, 5:29 pm 5:29 pm
THELOYALOPPOSITION | NOVEMBER 23, 2011, 5:11 PM posted: “What a successful POTUS, huh????” Actually not bad under the circumstances. The nonpartisan CBO released data last week that shows the how the stimulus packages continued to work last quarter to raise our GDP. In all your criticisms, I read NOTHING about how the GOP candidates would return such a severely wounded economy from 2007 back to the illusion of a pre-Housing Bubble.
The CBO estimates that the stimulus will continue to raise GDP by 0.1 % to 0.8 % next year and increase employment by 200,000 to 1.1 million jobs. Based on historical data, it will take YEARS to recover. However, right now, voters have a choice – fund needed Federal infrastructure repairs now when it’s less expensive and people need jobs….or gamble that wealthy “job creators” will work with the Invisible Hand to quickly create jobs under austerity measures.
And, do you seriously think influence in politics is unique to the Obama Administration? The Cato Institute calls it “corporate welfare,” like subsidies to ethanol manufacturers, or tariffs protecting the domestic sugar industry. Cato estimates that in 2009, the cost of such corporate welfare was $90 billion. So long as elections soak up money, we won’t end dependence on its funders.
But we can change where the money comes from. America can follow Arizona, Maine and Connecticut, to build a system of small-dollar PUBLIC funding for Congressional and the Presidential elections. No union money, no big lobby money, no special interest kickbacks, no secret Citizens United billions. This isn’t a problem unique to the left or right, and it’s something everyone across the political spectrum could agree upon.
Posted by: green.goddess | November 23, 2011, 6:01 pm 6:01 pm
The President is using all of his “power” that doesn’t require approval by congress. This shows how limited he is on his own. This is the most pathetic idea since President Ford’s WIN (Whip Inflation Now) effort!
Posted by: Common _ Sense | November 23, 2011, 6:15 pm 6:15 pm
Same small, poorly-informed group of whiners on this blog again today. Only the green-goddess has a grasp on facts, the rest are simpleton insult creeps.
Posted by: Jane | November 23, 2011, 6:48 pm 6:48 pm
HI Jane. How’s your grasp of the facts on Fast and Furious? Give us your take….keeping to the facts, of course.
Posted by: foggy | November 23, 2011, 7:53 pm 7:53 pm
Give us your take….keeping to the facts, of course.
POSTED BY: FOGGY | NOVEMBER 23, 2011, 7:53 PM 7:53 PM
If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.
Posted by: Jane | November 23, 2011, 8:34 pm 8:34 pm
“Businesses are hunkering down hoping the Obama’s “hope and change” will pass and sanity will again prevail!!!”
“sanity” huh? How does that story go again? The Republicans go to Washington with solid majorities in 2000 promising to run government like a business, with hands off government, tax cuts and deregulation. But when it comes crashing down in financial disaster they try and blame it all on Barney Frank. Poll after poll has shown that a solid majority of Americans don’t call that sanity and have no intention of letting it prevail.
Posted by: numbers | November 23, 2011, 8:52 pm 8:52 pm
If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.
Posted by: Jane
Truly words to live by but so far your posts don’t pass your own standards. Do you think Barry is going to throw Holder under the bus?
Posted by: foggy | November 23, 2011, 9:02 pm 9:02 pm
If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.
Posted by: Jane
Truly words to live by but so far your posts don’t pass your own standards.
POSTED BY: FOGGY | NOVEMBER 23, 2011, 9:02 PM 9:02 PM
Now you’re mumbling without meaning, or backup. ‘Tis you who’ve proven yourself a fool.
Posted by: Jane | November 23, 2011, 9:57 pm 9:57 pm
“The practice of “letting guns walk” to trace their sales was also used in the Bush administration, federal officials tells the AP. The ATF began what became known as Operation Wide Receiver in 2006, after receiving information about a suspicious purchase of firearms. The investigation involved letting the guns “walk,” and the investigation concluded in 2007 without any charges being filed.”
Posted by: lexingtonlady | November 23, 2011, 10:46 pm 10:46 pm
jane wrote:”If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.”
.
Tell us how oBama and Holder tracked the guns that were shipped to the Mexican narco-terrorists. No one so far has been able to describe that. Tell us who in the Mexican government oBama and Holder notified to track the guns once they crossed the border. No one so far has been able to tell us. Since you know all the facts, be a sport and help us fools out here.
Posted by: Michelle Shu Jas | November 23, 2011, 11:12 pm 11:12 pm
POSTED BY: MICHELLE SHU JAS | NOVEMBER 23, 2011, 11:12 PM 11:12 PM
Perhaps your English comprehension is lacking. What was said was “If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.”
You’re acting like one.
Posted by: Jane | November 23, 2011, 11:31 pm 11:31 pm
Sen. John Cornyn (R-Texas):
“By the way, do you know about the differences between Wide Receiver and Fast and Furious?”
Attorney General Eric Holder:
“They’re different operations.”
Sen. John Cornyn (R-Texas):
“Right. So you know the factual differences of Wide Receiver and Fast and Furious?”
Attorney General Eric Holder:
“There are a number of differences both I think in scope and both in terms of time. The Bush administration was the one that started wide receiver; the Obama administration is when Fast and Furious began.”
Sen. John Cornyn (R-Texas):
“Are you winging this or do you actually know?”
Attorney General Eric Holder:
“I know this.”
Sen. John Cornyn (R-Texas):
“You know this? Do you know that Wide Receiver was run in conjunction with the government of Mexico and the intention of the plan was to follow the weapons and neither was there the intention to follow the weapons on Fast and Furious nor did Mexico know that the United States government was allowing guns to walk into the hands of the cartels? Did you know that?”
Attorney General Eric Holder:
“Senator, I have not tried to equate the two. I’ve not tried to equate Wide Receiver with Fast and Furious.”
Sen. John Cornyn (R-Texas):
“I was just asking if you know the differences between the two.”
Attorney General Eric Holder:
“Sure, and as what I know about Wide Receiver what you have said is in fact correct. There are memos that talk about gun walking that are related to Wide Receiver. But again, I’m not trying to equate the two.”
Posted by: foggy | November 23, 2011, 11:34 pm 11:34 pm
TheLoyalOpposition | November 23, 2011, 4:22 PM:
“Businesses are hunkering down hoping the Obama’s “hope and change” will pass and sanity will again prevail”
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LMAO! …. You can always tell who the right-whiner Faux News viewers are in the house. The same people who don’t own their own businesses.
Sorry to tell you this Loyal, but Green.Goddess’ 4:59 PM post is RIGHT ON THE MONEY, I can tell that she owns a business. It’s your right in America though for folks like you to keep believing your hogwash though… LOL!
Posted by: Republicans = a BUNCH of Forrest Gumps | November 24, 2011, 12:11 am 12:11 am
Jane, you better learn how to calm down a bit during the next several months. If you get this worked up over a simple comment thread, then you are really going to blow a gasket when Obama begins his second term.
Posted by: Gregg | November 24, 2011, 8:35 am 8:35 am
jane wrote:”What was said was “If you think you know all the pertinent facts on Fast and Furious, you’re a deluded fool.”
.
I know enough to know that oBama and Holder DID NOT have any tracking mechanism in the guns they sent across the border to arm Mexican narco-terrorists. I know enough to know that oBama and Holder DID NOT notify anyone in the Mexican government to enable them to intercept or track weapons that were shipped across the border.
.
“You’re acting like one.”
.
Coming from another oBama stooge.
Posted by: Michelle Shu Jas | November 24, 2011, 10:43 am 10:43 am
I know enough to know that oBama and Holder DID NOT have any tracking mechanism in the guns they sent across the border to arm Mexican narco-terrorists.
.
POSTED BY: MICHELLE SHU JAS | NOVEMBER 24, 2011, 10:43 AM 10:43 AM
You know nothing of the sort regarding what President Obama or Attorney General Holder’s involvement might have been. You don’t know who originated Operation Wide Receiver or Operation Fast and Furious. You don’t know if Fast and Furious was some half-baked scheme from the same people who thought Operation Wide Receiver was a good idea. You pretend but you don’t know.
Posted by: Jane | November 24, 2011, 3:02 pm 3:02 pm