Streams

Obama and Small Business

Thursday, January 15, 2009

We look into whether small businesses are getting any piece of the bailout pie, and how small businesses are likely to fare under an Obama administration. Lloyd Chapman is President of the American Small Business League.

Guests:

Lloyd Chapman
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Comments [4]

Shahin Khalisdar from NYC

There are few shocking statement deliver by Mr. Obama. I am certain that he does not understand present economical turmoil. I have noticed that the economy is in a trouble-spot and it is not a time to excavate farm with a old cow nor a time to put a new experimental task. It is a time to carefully create a dynamic economical theory which will be easy to practice.
I think, I have the idea but I won't put it in the America. America should be brought to justice for its criminalistic behavior toward my people.

Jan. 16 2009 08:19 PM
Benita from Brooklyn

the small business plan you found above is a CAMPAIGN document, thus a campaign promise. that's what Lloyd Chapman said. Look on the transition web page, that's where it's hard to find, is what he was saying.

Jan. 15 2009 02:05 PM
Brian Mills

The first entry listed for a web search of "obama small business" is: "BARACK OBAMA AND JOE BIDEN’S PLAN FOR SMALL BUSINESS"
http://www.barackobama.com/pdf/SmallBusinessFINAL.pdf
Not too tough to find. Doesn't reflect well on the LLoyd Chapman segment.

Jan. 15 2009 01:43 PM
Greg Blonder from nj

I was a VC until recently, and LLoyd Chapman is completely off base. Even though a FEW VC firms have raised billions over decades, most are- themselves- regional and rather small. And they only put in a few million into any one company, and only own 20% of the company. So the companies are really small businesses struggling for survival. VC backed firms result in millions of jobs, and deserve an equal place at the table.

Its like believing a local auto shop is "owned" by Citibank because they took a loan from a billion dollar bank. The bank may be large, the auto company is not.

Jan. 15 2009 01:30 PM

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