What business ever started out large? I can’t think of a single one.

According to Wikipedia, “Ford was launched in a converted factory in 1902 with $31,000 in cash (approximately US$704 thousand, adjusted for inflation).” Even with adjusted dollars, that is not a large corporation by any means.

“The original Model A “Fordmobile” is introduced – 1,708 cars are produced.” That’s not a huge volume either, even with a smaller population.

“Small businesses are the heart of the American economy,” Obama said in a speech at the White House. “They’re responsible for half of all private sector jobs, and they created roughly 70% of all new jobs in the past decade.

[NOTICE:  Past decade...so things weren't so bad after all...hmmm.]

“They’re not only job generators, they’re at the heart of the American Dream.” These statements were published from CNN on March 16, 2009.

Obama wants funding for Small Business Development Centers increased.  These centers can be a good source of information and help for new and existing small businesses.

Yes, Obama has increased loan amounts the government will guarantee and tried to get banks to loan, but these are loans. Who pays for failed loans? Unless you just came out from under a rock, the answer is taxpayers as well as the average citizen through inflation (printing money).

Obama wants to punish the rich. He’s pretty much said so, as well as other leading Democrats.

Taxes are being raised. Entrepreneurs and investors, like the 11 original that started Ford, need incentive.

Investors buy loans from banks; so if they are taxed at high rates, why buy the loans? No buyers for the bank’s loans means no loans. Many banks have a policy not to lend to start up businesses.  Even with the government guarantees, the bank still has the final decision.

More costs are being imposed on small businesses, such as mandatory leave and other required benefits. Small business cannot always compete, especially when government can pay more for salaries, benefits, etc. since it does not have to earn a profit.

However, many employees do not want to have to pay for any portion of the benefits that may be provided by small businesses.  This lack of participation creates higher healthcare costs as well.  (You probably won’t hear this statistic.)

Many dealerships, which are small businesses, are not getting contracts renewed.  When the government takes over industry, it can eliminate competition – and the small businesses. By the way, small businesses can employ hundreds of people.  

Today, George W. stepped up to the plate. From the Washington Times today, George W. said, “You can spend your money better than the government can spend your money…government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States.”

Sam Walton and his wife put 95% of their money in WalMart. That’s a risk taker. And they even started with just one store – a small business.