“Small and mid-sized companies in this country historically have been responsible for creating the overwhelming majority of new jobs in the private sector. One of the most-common misconceptions about our private enterprise system is that large companies, such as the Fortune 500, are integral to the process of job creation in this country. The truth is quite the opposite.”
– Michael Milken
Milken, of course, is correct – so my question is: why are most of the recent government solutions to “fix” the economy strongly favorable to big business, but punitive to small and mid-size businesses?
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