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New In-depth Report Challenges Obama Small Business Track Record

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The American Small Business League (ASBL) has concluded an examination and report on President Barack Obama's track record for small businesses, and uncovered a dramatic disparity between President Obama's rhetoric and his actions.

In its report the ASBL outlines a series of major failures by the Obama Administration. These failures represent broken campaign promises and failures by the administration to recognize the needs of America's chief job creators: Small businesses.

The ASBL investigation was spurred by the administration's refusal to stop the diversion of more than $100 billion a year in federal small business contracts to some of the largest corporations in the United States and Europe. Since 2003, more than a dozen federal investigations have uncovered billions of dollars in federal small business contracts diverted to corporate giants like Lockheed Martin, Boeing, Dell Computer, Xerox, Office Depot, Starwood Hotels, Raytheon, General Dynamics and French giant Thales Communications.

The ASBL's report found that the Obama Administration has:

1. Failed to adopt any policies or legislation to stop the diversion of federal small business contracts to corporate giants.

2. Reduced overall transparency in federal small business contracting data by eliminating fields such as the "small business flag" and "parent DUNS number."

3. Failed to restore the Small Business Administration's (SBA) budget and staffing to pre-Bush Administration levels.

4. Failed to implement the recommendations of his campaign's small business advisory council, which provided solutions to a wide array of small business problems.

5. Failed to stop the dismantling of minority set-aside programs. During the Obama Administration's first months the Rothe Decision virtually nullified small business programs for minorities.

6. Failed to provide assistance to major small business lender CIT during the summer of 2009.

7. Failed to allocate more than 3 percent of stimulus funds to small businesses.

8. Destroyed a decade's worth of federal contracting data used to identify fraudulent contractors.

9. Reduced the availability of documents on small business contracting programs under the Freedom of Information Act (FOIA).

10. Failed to curb widespread fraud in veteran-owned small business programs.

11. Failed to bring an end to the Comprehensive Subcontracting Plan Test Program, which allows prime contractors to circumvent their small business subcontracting goals.

12. Failed to implement the 5 percent set-aside goal for women-owned small businesses.

If you quit listening to what he says and just look at what he's done, these are not the actions of a pro-small business president.

Click here to view a copy of the ASBL's report: http://www.asbl.com/documents/20100526_ASBL_AnalysisObamaSB.pdf