Saturday, September 18, 2010

Federal Aid to Help Small Businesses Goes to GE, AT&T, HP...

Federal Contracts Set Aside for Small Businesses Going to Large Firms |
Over the last year, almost two-thirds of the dollars reported as going to small business contracts actually went to larger corporations, including AT&T, General Electric, Lockheed Martin, Hewlett-Packard, Office Depot, Xerox, and Dell among other household names.

Most government programs aimed at helping "the little guy," do just the opposite.  It's time to admit this.  The only organizations that have the giant resources to keep tabs on the labyrinth of laws and regulations are huge corporations.  Is this helping the little guy?  No.  It's just gaming the system for the rich and well-connected.  Little guys benefit from simplicity.  They don't have the resources to deal with complexity and bureaucracy.  Wanna help the little guy?  Get rid of regulation, stimulus, and subsidies.

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