Tuesday, October 20, 2009

"Why is the Chamber of Commerce refusing to stand up for small business?" ...

Simon Johnson asks the question in title above.

There is a long tradition in the United States of big business trampling on independent entrepreneurs, and of those entrepreneurs fighting back through the ballot box. This time around, big banks captured their regulators, badly damaged small firms, and look set to do it again.

Why is the Chamber of Commerce refusing to stand up for small business?

The question is, I think, not exactly on the up and up. When was the national C of C ever about small business? As far as I can see they've always been about protecting the most selfish interests of very large corporations while claiming, quite disingenuously, that they are about protecting small business. Local C of C vary. They tend to represent medium to large businesses. Their business is to protect themselves. Creating an environment for new entries is NOT their goal.

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