By the Bootstraps

In the video from the last entry, President Obama had this message for small business owner’s across the nation:

I want to say to every American running a small business or hoping to run a small business one day. You deserve a chance. America needs you to have that chance. As president, I will continue to do everything in my power to ensure you have the opportunity to contribute to your community, to our economy and to the future of the United States of America.

Want to know exactly how he plans to go about that? Here’s a PDF of his and Vice President Joe Biden’s plans for small businesses. You can also check Politifact for updates and explanations of his campaign promises.

Obama and Biden’s Small Business Initiatives

Something very prevalent in the world of small businesses is their inability to get loans. The lack of liquidity in the credit market makes it hard to get a loan, even for small businesses with the best of credit. Since many believe small businesses can propel the nation out of the recession, I wondered what President Barack Obama’s plans were to address the issue. read more »