David Stockman, Ronald Reagan’s budget plan director, announced the Small Service Administration a “billion-dollar waste– a rathole,” and set out to eliminate the agency. Loans to criminals, government agreements for minority “fronts,” the category of American Motors as a little business, Whitewater, and other scandals– the Small Service Administration has lurched from one shame to another. Even though the public– and Congress– prefers small enterprise, there has never been a unified group of small business owners requesting the federal government’s aid.
Sunday, February 21, 2021
Big Federal Government and Affirmative Action, The Scandalous History of the Small Business Administration
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