Recently I described our economic system as free enterprise for small business, government welfare for big.
According to Rep. Tom Udall, the Bush budget would give the Small Business Administration $119 million, or 15% less than it got last year. Also, it abolishes loans for the smallest entrepreneurs.
Why am I not surprised? Because I remember the Reagan Administration, of sainted memory, tried to do away with the SBA in its entirety.
As I was saying, free enterprise for small business....