Everyone wants to do well by small business, including U.S. President Barack Obama. If only everyone knew what they are talking about, and why!
Obama says that his small business bill before Congress will boost small business, create jobs and revitalize a sagging economy. But if the performance of previous small business legislation or the record of the Small Business Administration and its Small Business development Centers are any indication, there should be plenty of skepticism and questions about what the bill can do.
Can an infusion of capital into small business actually create jobs? A new study by the National Bureau of Economic Research suggests that no one can conclusively say what the real job creation impact of small ....