Covering Washington politics. From our vantage point. One day a time.

Thursday, August 19, 2010

Before 10 Day Vacation President Talks The Economy

Wants Congress To "Help Our Small Businesses"

Before the president left for Martha's Vineyard on a ten day family vacation, he urged the small minority bi-partisan groups of individuals (again) to stop playing politics, calling their action an "obstruction that defies common sense."

"For the last several months, I have been urging Congress to pass a jobs bill that will do two big things for small businesses -- cut their taxes and make loans more available. I have been adamant about this because small businesses are the backbone of our economy. They create two out of every three new jobs in this country. And while a lot of big businesses and big banks have started recovering from this recession, small businesses and community banks that loan to small businesses have been lagging behind. They need help. And if we want this economy to create more jobs more quickly, we need to help them."

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