Small Business Owners Are Disappointed With New Federal Jobs Act

The federal Small Business Jobs Act that the president signed Monday is being hailed as a boon for small businesses, but some of the people for whom it is intended don’t see it that way.

“The law falls short of addressing the most significant problems all business owners face, which are lack of sales and uncertainty in the economy over taxes,” said Ellen Valentino, Maryland state director of the National Federation of Independent Businesses.

President Obama invited Gov. Martin O’Malley to yesterday’s signing ceremony in recognition of his administration’s establishing small business credit programs in Maryland and because of O’Malley’s efforts to round up support for the bill among the nation’s governors.

GO HERE to read more.