'Bailout for small businesses' bailout

Bailout for small businesses

For months now, the acceleration of small business failures has increased to a rate that may be difficult to stop. Big bailout plans have been made for large corporations, but hardly anything was given for small businesses that employ half of the US labor force.~~

President Obama recently unveiled a $15 billion bailout plan to buy small business loans from banks, which will allow the banks to give more credit to the small business. However, a question needs to be asked. Is it too late already?

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