Big Government and Affirmative Action: The Scandalous History of the Small Business Administration

Download or read book Big Government and Affirmative Action: The Scandalous History of the Small Business Administration written by Jonathan Bean and published by University Press of Kentucky. This book was released on 2001 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Stockman, Ronald Reagan's budget director, proclaimed the Small Business Administration a ""billion-dollar waste -- a rathole, "" and set out to abolish the agency. His scathing critique was but the latest attack on an agency better known as the ""Small Scandal Administration."" Loans to criminals, government contracts for minority ""fronts, "" the classification of American Motors as a small business, Whitewater, and other scandals -- the Small Business Administration has lurched from one embarrassment to another. Despite the scandals and the policy failures, the SBA thrives and small bus