Ready for a Second Stimulus?

  Government, Politics and the Economy Stimulus Plan: Where are the Jobs? That is the $787 billion question: Where is all that government stimulus money, and why hasn't it stemmed the rising tide of US unemployment? BusinessWeek.com Second Stimulus: Democrats Split Democrats in Congress are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill. Bloomberg.com Management and Operations [Read Full Article]


Why is America Still Not Hiring?

  Government, Politics and the Economy Why Is America Still Not Hiring? With the release of two pieces of important employment data, we see that employers are simply not hiring, showing only on up month out of the last eight even with the economic picture improving. Why? CNBC.com Job Cuts Top 467K in June – Unemployment Now at 9.5% Unemployment reached a 26-year high in June at 95% as US employers cut a larger-than-expected 467,000 jobs, suggesting a tough road to economic recovery. BusinessWeek.com Management and Operations ... [Read Full Article]


Grassley Tax Bill Would Help Small Business

  Government, Politics and the Economy Congress to Consider Consumer Financial Protection Bill Legislation that would ‘level the playing field,’ as the Treasury says, is on its way to Congress in spite of opposition from financial institutions – the first of a number of new regulatory bills President Obama plans to send to Congress. Workforce.com Making Sure Small Business Contracts go to Small Businesses A proposed new law aims to keep big businesses from gobbling up procurement deals that should go to smaller firms. CNNMoney.com [Read Full Article]


Who Killed Small Business Credit Card Protections?

Government, Politics and the Economy Sentate Mystery: Who Killed Small Business Credit-Card Protection? When the amendment offered by Senator Mary Landrieu (D – LA) to get new consumer credit-card protections extended to small businesses was killed last month, the perpetrators left no fingerprints. In fact, no one knows precisely what happened, or why. NYTimes.com The Small Business Owners' Wish List for Obama Small business owners don't ask for much, but an end to the credit crunch, less talk of tax increases, and healthcare reform without coverage mandates do top t... [Read Full Article]


Getting the Cash: Advice from Six Entrepreneurs

  Government, Politics and the Economy Work Visa Bill: A Threat to Outsourcers? There is a controversial "50/50" provision in the new Durbin-Grassley visa reform bill that could hurt Indian outsourcers but also save US jobs. BusinessWeek.com Bernanke: Long-Term Budget Deficits Threaten Financial Stability Fed Chairman Ben Bernanke warned that large US budget deficits are a threat to the nation's financial stability and that the government cannot continue to borrow at the current rate to finance the shortfall forever. Bloomberg.com Management, Taxe... [Read Full Article]


Bill Introduced to Restrict Small Business Contracts to Real Small Businesses

  Government and Economy Bill Restrict Small Business Contracting to Real Small Businesses Rep. Hank Johnson (D-GA), has introduced a bill that would ensure that small business government contracts go only to true small businesses, rather than being awarded to subsidiaries of large companies. WebCPA.com Emerging 200 Program: Training Entrepreneurs to Save Cities Starting its... [Read Full Article]


Small Business Indicators Fall, Small Lenders Take a Fresh Look at SBA Loans

  Government and Economy Small Business Indicators Fall with Employment A monthly index of key small business indicators fell in January to its second-lowest level in 35 years. Washington Business Journal Small Lenders Taking a Fresh Look at SBA Loans Small community banks may have once considered SBA loans too cumbersome, but now they are becoming SBA lenders in advance of economic stimulus incentives and that could open new financing for entrepreneurs. The Arizona Republic [Read Full Article]


Small Business and the Stimulus Package

  Government and Economy The Stimulus and Small Business Sales are slow, banks are holding tight and many small businesses are strapped for operating capital. The good news is that both the House and Senate versions of the stimulus bill address this issue, to an extent. The bad news is they can't agree on how to handle it. New TALF Plan Wins SBA Approval Newest Version of the Troubled Asset-Backed Securities Loan Facility (TALF) includes Changes Requested By SBA to Help Unclog Secondary Market for Small Business Loans. [Read Full Article]