Politicians on both sides of the aisle have been struggling to stimulate the economy and put a definitive end to the Great Recession. These efforts have included sector-specific bailouts, cash for clunkers and the American Recovery and Reinvestment Act of 2009, which helped some notable companies and stimulated some industry sectors, but most of these efforts provided little benefit to the typical American business.
Last week, the Obama administration recognized the contributions of this important business demographic with its
National Small Business Week. It's worth challenging a few of the myths about the American small business landscape -- as they are truly the engine of the economy.