Ed Butowsky, Managing Partner of Chapwood Investments Management, joins Fox News to discuss his insight as to why there seems to be a lack of small business growth and what is slowing things down. Ed Butowsky explains that 80% of the jobs in the market today come from small businesses, but the government is putting a weight on these small businesses and hurting them. But can the Small Business Job Act Help? This act allows $30 billion to a lending facility, and $12 billion to small business tax cuts. Is $30 billion enough? What happened to the $100’s of billions that the government used to bail out Fannie Mae and Freddie Mac, have we seen anything from this effort? Ed Butowsky believes that the government should spend more than $30 billion to help small businesses borrow and really grow their businesses. But who is standing in the way of this effort? What is the number one reason holding small businesses back?
Tags: economy, fannie mae, fox news, freddie mac, government, jobs, market, small business, unemployment