Adjusting Expectations

Feb 21st, 2011 | By Dawn Rivers Baker | Category: Policy Matters

Over the last week, we’ve all learned some things.

Mostly, we’ve learned that when President Obama talks about his fondness for the small businesses that are the hope of the economy, he’s not talking about us.

This week, President Obama has, on the one hand, proposed to decimate the only microbusiness specific programs he’s got: Microloan. At the same time, President Obama is waltzing around the country marketing his latest initiative: Startup America.

This Startup America initiative is designed to support entrepreneurship, in the sense in which people like Scott Shane and the Kauffman Foundation use the word.

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.

And, really, it does make sense. I’ve been told on more than one occasion that the economic advisors surrounding the President are not friendly to small businesses or microbusinesses.

It seems those informants may have been quite right. Clearly, the Obama Administration believes the way to go is with large firms and entrepreneurial startups instead of looking to us to create those elusive jobs.

And, when the budget situation calls for some tough decisions from the White House, this Administration cheerfully throws microbusinesses under the bus.

Really, this is good to know. It will make it easier to discern how much of what we hear from the President about small businesses can safely be discarded.

I suppose it would be rude to point out that their Big Boy strategy for job creation does not appear to be working well for them.

And it would probably be equally rude to note that all the “I heart small business” rhetoric of the past year and a half has been a load of hooey.

So I’m not going to say any of those rude things. But you know what I’m thinking, don’t you?

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