Small Business Groups Criticize Obama's First 100 Days
Written by Ken Gaebler
As he completes his first 100 days in office, President Barack Obama remains popular with American citizens, but one watchdog organization thinks Obama isn't doing right by small business owners.
President Barack Obama has been in office for 100 days but according to one small business group, in that time Obama has failed to meet his promise to stop the diversion of small business contracts to large corporations.
According to the American Small Business League (ASBL), Obama has "consistently refused to include any solutions to the problem" during his 100 days in office and says the president has done nothing to fix the abuses that the group believes have been affecting small business contracts.
Christopher Gunn, communications director for the ASBL, says that his group estimates that during the first 100 days of the Obama administration, middle class firms have lost more than $28 billion in government small business contracts that went to Fortune 500 firms.
The Small Business & Entrepreneurship Council (SBE Council) has also taken the president's first 100 days to criticize what it believes is the administration's focus on big business and labor unions rather than providing good news for small businesses.
"Two months ago in an address before Congress, President Obama said he 'will do whatever it takes to help the small business that can't pay its workers,'" said SBE Council president and CEO Karen Kerrigan. "But many in the small business community are still waiting for those words to turn into action."
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