It’s all starting to make sense now.

Back when President Obama first named Karen Mills to be his SBA Administrator, there were a lot of questions. Her background was in venture capital, we said. Will she run her agency for us all or will the focus change to those high growth gazelles?

I guess that answers that question.

According to the latest release on the subject from the Commerce Department, fourth quarter 2010 Gross Domestic Product (GDP) growth clocked in at 3.2%, following a third quarter that saw an increase of 2.6% in the GDP. All in all, that is a pretty respectable level of economic growth. The jobs picture is the classic [...]

Last week, President Obama sent his eagerly awaited budget proposal for fiscal 2012 to lawmakers on Capitol Hill. As you have probably been hearing since last week, the budget includes some cuts, a few increases, and a few revenue raisers. The resulting proposal is a $3.73 trillion budget that includes $1.1 trillion in budget deficit [...]

House Democrats are still fighting with the Republican majority over regulations and, specifically, over small businesses and regulations. That argument was very much on display during a hearing before a subcommittee of the House Judiciary Committee earlier this month, the subject of which was the Regulatory Flexibility Improvements Act of 2011 (H.R. 527). The bill [...]

Most of us don’t really need loans.

We need training and technical assistance.

While you’re at it, we could use a little regulatory relief.

Oh … and tax simplification would be nice, too.

In short, we need a bunch of things that are difficult to accomplish politically because they are not particularly urgent — unless you are a small business owner — and they are not particularly sexy, so they don’t make for riveting headlines.

Small business regulations could never hold a candle to a Congressman’s flexed biceps.

The folks over at the Small Business Administration have been talking about small businesses in underserved communities quite a bit lately. The idea, presumably, is to seek them out and offer helpful goodies so that the underserved won’t be anymore. Over the last few months, there have been several announcements on the subject. The SBA [...]

The Justice Department is in the early stages of crafting a new set of regulations on Web site accessibility standards, in order to bring the web into compliance with the Americans With Disabilities Act of 1990 (ADA). And why, after more than 20 years, is the Justice Department suddenly talking about a new set of [...]

Small business lending began stabilizing during the 2009-2010 period (although it didn’t seem like it to some small business owners and advocates), which is a euphemistic way of saying the rates of decline slowed over the period. That’s the big take-away from the latest annual release of the aptly named Small Business Lending in the [...]

President Obama has recently hit the road, talking up that nebulous and wonderful thing called innovation.

Of course, we’re not talking about just any innovation.

The President is certainly not touting the sort of garden variety innovation that lets a microbusiness owner figure out how to rearrange his business model so that he can make a profit doing something that scores of business gurus before him decided was unprofitable.

That stuff just doesn’t count.

Last week, the Labor Department released its quarterly Business Employment Dynamics data for the second quarter of last year. During that quarter, gross job gains from opening and expanding businesses totaled 6.9 million, while gross job losses from closing or contracting businesses totaled 6.2 million. For the quarter, we saw a net job gain of [...]