Small business group also miffed at stimulus

DOWNEY - Following passage of the economic stimulas package by the U.S. House of Representatives, Small Business & Entrepreneurship Council (SBE Council) president and CEO Karen Kerrigan issued the following statement:"The 'economic stimulus' measure that passed the House includes too much spending that has little to do with helping the economy, and not enough for small business owners and entrepreneurs to help them survive, create jobs and grow their firms. We fear this will do little to help the economy. "There is still time for our elected leaders to craft a better package, which would include critical incentives to help small business owners lead our nation out of this recession. But it will take more of a commitment to entrepreneurs than what is being reflected in the House-passed version. Small business owners are looking for tax certainty, relief and incentives. "There is no doubt that President Obama and congressional leaders want to move quickly as the economic situation is dire. However, if small business owners are to shoulder the responsibility for getting our nation back on sound economic footing, they need something from this package that will encourage them to invest, hire and prepare for growth. Unfortunately, there is little in this package that does that." SBE Council is a nonprofit small business advocacy organization dedicated to protecting small business and promoting entrepreneurship. ********** Published: January 30, 2009 - Volume 7 - Issue 41