The Small Business Jobs Act is DOA, and that might be a good development since a disturbing racial and ethnic assumption was hidden deep within the legislation. The Small Business Jobs legislation (Sec. 3103.d.7) required lending institutions to “provide linguistically and culturally appropriate” advertising to entice small business owners to enter into loan agreements with government certified lending institutions. How odd Democrats in congress seemed to think that entrepreneurs and business owners only will accept access to capital if the offer is presented in congress’ view of what is “culturally appropriate.” How little congress understands about entrepreneurship, small business ownership and the capital requirements of organizational sustainability and job creation! Read more here:
Lurita Doan - Small Business Jobs Act?
Posted by
Jim Spence
on Monday, August 2, 2010
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