An Open Letter to First Lady Michelle Obama
From American Small Business League President
September 01, 2010 07:53 AM Eastern Daylight Time
PETALUMA, Calif.--(EON: Enhanced Online News)--I am writing to you today because I am hoping you will help
save millions of American small businesses from bankruptcy. I realize that you, as a mother and as someone who
came from a hardworking middle class family, could not only sympathize, but also help with the situation we are
currently in. I am very concerned, as I am sure you are, about the state of our nation’s economy. And while I know
that President Obama is trying to stay positive, all of the economic indicators are alarming, and there is certainly
evidence that we could slip into another recession.
Our country is in the worst economic crisis in 80 years, and the situation appears to be degrading. Yet, as I watch
what the government has done over the last few years, it does not make much sense to me. I think everyone agrees
that small businesses create the overwhelming majority of net new jobs in America. According to the U.S. Census
Bureau, businesses with less than 20 employees create over 97 percent of net new jobs.
(http://www.inc.com/news/articles/200708/data.html) The Small Business Administration (SBA) Office of Advocacy
statistics indicate that small businesses create over 90 percent of all net new jobs.
(http://www.sba.gov/advo/research/rs359.pdf) Yet, even though small businesses create almost all of the net new
jobs in America, the government gives the majority of small business contracts to large corporations. That simply
does not make sense.
What I am trying to do, and would like your help with, is very logical. I don’t think the government should award
small business contracts to Fortune 500 firms and some of the biggest corporations from around the world. I believe
that 99 percent of all Americans would agree with me, particularly in this current economic climate, that the
government should not be diverting b