Helping Small Businesses—Lots of Talk, No Action

The Small Business Act of 1953 established the Small Business Administration (SBA), which came into existence on the grounds that small businesses are essential to a free enterprise system. It was the intent of establishing the SBA to “deter the formation of monopolies and the market failures monopolies cause by eliminating competition in the marketplace,” … Continue reading Helping Small Businesses—Lots of Talk, No Action

The War on Poverty is Back; This Time, It’s the People’s Burden

Feeding America reports that 15.9 million kids [in the United States] under the age of 18, [or one in five], are unable to consistently access nutritious and adequate amounts of food necessary for a healthy life. Last month, Congress passed a sweeping "Farm Bill" that cut an additional $8.6 billion from SNAP, [or the] Supplemental … Continue reading The War on Poverty is Back; This Time, It’s the People’s Burden

Congress Could Use a Lesson from America’s Innovators

The compromise spending bill for $1.1 trillion keeps the government open through September, according to CNN. It increases funding to Head Start by $1 billion for early childhood education, which makes sense after its recent low point with the forced budget cuts last year. It increases the paychecks of federal workers and military personnel by … Continue reading Congress Could Use a Lesson from America’s Innovators

Did Not Make It Home for the Holidays

The weather [this month] not only played havoc on retail sales but ruined many holiday celebrations by causing electrical outages, undelivered packages and [poor travel conditions]. December brought the coldest weather some areas have seen in decades, [including] a reading of 135.8 degrees below zero [...] in Antarctica, [...] the lowest temperature ever recorded on … Continue reading Did Not Make It Home for the Holidays

Can Small Businesses Survive This Christmas?

[Supported by] Black Friday, Cyber Monday and, [now], Small Business Saturday, [sales made in] November and December [...] represent as much as 40% of yearly retail stores sales, according to the National Retail Federation. [With] Thanksgiving [falling] so late on the calendar [in 2013], [though] there are six fewer shopping days between [then] and Christmas. [...] … Continue reading Can Small Businesses Survive This Christmas?