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Old 10-09-2011, 02:30 PM
29,988 posts, read 36,069,749 times
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Why no coverage of this by the Obama voters?

Lloyd Chapman: Obama Sneaks Job-Killing, Anti-Minority Small-Business Policy Past Mainstream Media?

Friday, Sept. 9, one day after President Obama announced the American Jobs Act, his administration quietly announced plans to dismantle one of the nation's most successful programs to create jobs in minority communities from coast to coast. The announcement, entered into the Federal Register, stated that the Pentagon, NASA and the U.S. Coast Guard were no longer required to hit a 5-percent contracting goal with small businesses owned by minorities.
Minorities face a difficult enough time as it is. The Labor Department reports that the jobless rate for African Americans alone is 16.7 percent. According to the U.S. Census Bureau, more than 27 percent of African Americans live below the poverty level. Approximately 35 percent of the population is made up of ethnic minorities, and almost 6 million American businesses are owned by minorities.
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Old 10-09-2011, 03:38 PM
Location: Great State of Texas
86,093 posts, read 70,331,453 times
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Yet in public he's all for small business.
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Old 10-09-2011, 03:54 PM
Location: in a cabin overlooking the mountains
3,079 posts, read 3,597,790 times
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LOL I like how people throw the term "job killing" around to try to sway opinion.

This is not job killing by any means.

What it was was so-called set-asides for minority owned businesses. Call it "quotas" if you like.

The government and for that matter major defense contractors supposedly were supposed to see to it that x % of their business went to
- minority owned
- women owned
- economically disavantaged businesses.

On paper it looked good, in reality it was a JOKE. I don't know how many small businesses I've run across where a husband put the business in the wife's name so it would qualify as "woman-owned."

So the point of this thread is to complain because Obama, who is half-black, wants to end the practice of forcing government agencies to give 5 % of their business to minority-owned small business and you'd rather see him insist on quotas. Sheesh
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Old 10-09-2011, 04:16 PM
2,695 posts, read 3,619,888 times
Reputation: 1555
Originally Posted by lifelongMOgal View Post
A bit of a loaded title. All are allowed to compete. The 5% quota is not guaranteed, but if businesses in those communities have a better bid, what's to stop them from hitting 10%, 20%.

I think this would be seen as a positive step.
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Old 10-09-2011, 04:26 PM
Location: Florida
58,738 posts, read 32,193,016 times
Reputation: 9474
So, it was a bill which was designed to help specific group of people (not everyone), by forcing the military to give this group a percentage of their business.

I guess it must have been a Republican bill since they are the only ones defending it today. The bill was good example of government intervention in business, which seems to be strongly supported by the OP.
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