Speaker 1: And what I've been covered is small business don't get
twenty four percent. They get about three percent. So if
if the government gave small businesses full twenty three percent,
that would be an additional twenty percent. According to the Senate,
that would create two million at new jobs a year.
That would virtually double the upper net new jobs at America.
So that's free, free and easy, no new taxes, no
to spending, double the number net new jobs just by
complying with the small business activists. Sign by Eisenhower ni
King fifty three.
Speaker 2: You are listening to Carrie Let'sa's Financial Survival Network where
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Speaker 3: And welcome you are listening to and watching the Financial
Survival Network. I'm your host. We are almost done with January.
Can't believe it, man, Time flies when you're having fun.
Definitely not flying for a lot of people out there
on the administration hit list. Those of you who are
here illegally and committed crimes or had a deportation order.
What's that going to mean to small business? Is Trump
truly the friend of a small business? Will Trump two
point zero positively or negatively affect small business? We've got
the head of the American Small Business League with us
and a really really interesting persons talking to pre call
his name. Your name is Alloyd Chapman. Lloyd. Is this
the golden era for small business? Or do we just
see more and more big businesses consolidating and kind of
going the pac Man route like we have for the
past two or three decades.
Speaker 1: Uh, the pac Man route the last two or three decades. Yes,
small businesses are not doing well in America. I'll throw
some statistics this most people don't know in America, ninety
nine point nine percent of all the companies for small businesses,
ninety eight percent of all US firms have listened to
her employees and those thirty four million small businesses where
most America's work. Trump is elected by small businesses right
and small beests responsible for fifty percent of the gross
domestic product, fifty percent of the private sector workforce, over
ninety percent of US exports, and most importantly, the vast
majority of the ninety accent of all net new jobs
come from small businesses. So brother Trump wants to make
America great and America's ninety nine point nine percent small business,
so he should adopt some very powerful pro small business programs.
I worked with Bobby Kennedy before he dropped out of
the race and endorsed Trump, and he put out a
program called Small Business, Big middle Class. And my hope
is that Trump will adopt that that program will triple
the number of new jobs in America, prompt a huge
economic boom across the country, and increase tax revenue, and
is free, no new taxes, no toe spending, deficit neutral.
People can look it up. It's a Bobby Kennedy's Small Business,
Big middle Class economic stimmer program. But again, I'm not
sure that President Trump understands the ninety nine pointment nine
percent of all firms of small businesses. The only agency
in government to help those companies is a small busin administration.
Here's something else that people don't know. The Small Business Act,
administered by the SVA, is the largest economic simmer program
ever passed by Congress for the American people in the
middle class. And that's designed to direct federal spending into
the middle class and create jobs, and it's run by
the SVA. The sb budget today is the smallest in history,
So the A and the budget is smallston history. The
SMATE budget staff was bigger forty years ago this today.
My hope is that President Bum President Trump, trying to
make America great again, is going to restore the SBA
given a budget that's appropriate for the agency to help
the thirty four million small business where most Americans work.
I don't think you should be a round ten twenty
billion a year, but that's the best way to make
America America great again is to focus on small businesses.
Speaker 3: All right, So small business we agree. I've been in
small business my entire life. I never had the privilege
of working for anybody else as Ben Joe you know so,
and I'm fourth generation small business person here. So I
guess the question really is how hard is it to
deal with the SBA to get money for a business.
Speaker 1: Well, you know what, I'll tell you something. In my view,
the SPA has essentially been closed. The budget has been
cut year after year, may name by the Pentagon. By
the way, the Pentagon has more control over this than
anybody else in government. Every year in the National Offense
Authorization Act, the Pentagon sneaks in language to dismantle small
business programs. And I'll tell you why. So the Small
Business Act mandates that twenty three percent of all millar
contracts go to small businesses. Right, Well, the big Pentagon contractors,
they want all the government's money to go to them.
So they've been struggling for forty years to close the
SPT endless program because they want that money. It's around
three hundred and fifty billion a year and they want
that money. And unfortunately, as you and I both know,
fortune fier firms have infinite power of Washington, small businesses
have virtually nothing.
Speaker 3: You know.
Speaker 4: Let me ask you a question. So I consider you
to be an economics.
Speaker 1: Expert in Europe, your experience before we met. Who do
you think is the large organization in America representing the
ninety nine point nine percent of all US forms, the
new small businesses.
Speaker 3: The largest organization?
Speaker 4: Yeah, that represents that, I think it is.
Speaker 1: I'll tell you what I've got a people get following
on Twitter like shopping and just for fun.
Speaker 4: A few months.
Speaker 1: Ago, I put out a series of rewards I offered
one thousand dollars to the first person can find anybody
on television in the last ten years objecting to the
government getting small business contracts to Fortune five firms but me.
Speaker 4: Nobody could find it.
Speaker 1: I offered another thousand dollars for anyone but the first
person that could find anybody on national television other than
me objecting to plans to cut the ESPA budget and
close it. Nobody could find it. So my point is,
I don't think there is an organization UH to represent
small businesses other than American Small Business lead. If someone
disagrees with me, Chamber Chamber it all right, let's say,
let's just say the Chamber of Commerce show me anyone
in the history of America on television from the use
Chamber of Commerce objecting to the governt getting small business
contracts to Fortune favor firms. Just before I did your show,
I started using this a program called Perplexity.
Speaker 4: Yeah, and I went on to.
Speaker 3: Perplexly use that it all. Yeah, it's fascinating.
Speaker 1: Yeah, I said, how many years Fortune five firms and
getting small business contracts? The response came back decades. So
I think you and I can probably agree that Fortune favor.
The firms aren't small businesses. Can we agree on that?
Speaker 3: Yeah, yeah, well, it's definitely abuse. That's the problem when
the government goes out gives out money, like during the pandemic,
how much fraud and abuse did we have? You know
with a little from there.
Speaker 4: Good question.
Speaker 1: I sued the government to get the names of all
of the firms and got PPP money. They wouldn't give
it to me for months. I finally got it, and
from the information I got, most of the money went
to large businesses. I think the guy got the most
money was a billionaire with a chain of hotels. And
the whole idea PPP was to get people to not
lay people off, right and giving the the PPP money
to support them until the COVID thing was over. And
this guy got the most money, laid off nine percent
of staff and he got the most money. But I
remember seeing on television. I think Kanye West got pp money,
and I think the Google's got money and football teams.
Speaker 3: Right, but I remember talking.
Speaker 4: Yeah.
Speaker 1: Well, to tell you the truth, that's typical a federal
small business program. So if you look back in the
last you know, forty years, at any small business program,
most of it he goes to Fortune five refirms. Your
listeners can google Fortune Fiber firms get federal small business contracts.
We'll see all the articles that's going on for I
would say thirty years. Really so for thirty years. Yeah,
but to me that's just insane, right, Why are we
giving small bus of contracts the Fortune faber in firms?
Speaker 3: Right?
Speaker 1: But no matter who the president will tell you something,
No matter who is the president, who controls Congress, the
United States government is, in my opinion, anti small business. Well,
you know, let's say that the SB budget in twenty
twenty four is the lowest in forty years. Right, the
sp is the only agency to represent the ninety nine
point nine percent of the US firms that are small businesses,
a thirty four million small business froll most bercould work.
It's got the smallest budget in history. It should be
it should be a major agency. So this b should
be a huge agency.
Speaker 3: But it's not. Yeah, So, like you say, but they
do make loans and you get all these solicitations. It
seems like they're loaning out money to just about anybody.
What kind of collateral do these does the agency require?
Speaker 1: You know what, I'll tell you that's a good question.
The sv doesn't really loan money. They guarantee loans. They're
like a coach sider. So if you want to get
an SVA loan, you go to your bank and you
work with the SVA and your bank, and the SBA
will sort of like guarantee your loans. So the SBA
doesn't really loan money. I think guarantee loans. That's my understanding.
Right out of criminal time, they got an SBA loan. Yeah,
some of the biggest, most successful companies in America day
got SBA loans, right. But yeah, the SVA loan program
is a great program. I think it's great. But the
biggest program with the sb I think probably ninety percent
of the SP's value is the contracting program, because again
that's the largest economic center program in America. I'll say
something about fifteen years ago, the Senate Small Business Committee
put out a report. It said for every one percent
contracts of small business to go up, it will create
one hundred thousand that in your jobs. So federal loss
has small business is supposed to get twenty three percent. I've
aursued the government thirty five years. I've been told by
my attorneys I hold the record. I've won the most
legal victories against the goverment under the Freedom of Information Act.
And what I've been covered is small business don't get
twenty four percent, thinking about three percent. So if if
the government gave small businesses full twenty three percent, that
would be an additional twenty percent.
Speaker 4: According to the.
Speaker 1: Senate, that would create two million new jobs a year.
That would virtually double the number new jobs at America.
So that's free, free and easy, no new taxes, non
to spending, double the number of net new jobs just
by complying with the small business activists signed by Eisenhower
Night King fifty three. And so far no president has
done that in forty years. I wish Trump would do it.
I wish Trump would again, would adopt Bobby Kennedy's e
Columbus Student Program, the Small Business and Big middle Class plan,
give small business in full twenty three percent. Here's something
for your female listeners. Women are half of population. They
owned forty two percent the businesses and every year of
your life, Carrie firms on my men have gotten over
ninety fibers of all federal contracts. Women don't know that, right,
So women pay their taxes. In Kennedy's plan, he was
going to give women the goal. By the way, the
federal goal for women on a small business is five percent.
That means men get ninety five. Anyone's going to raise
it up to twenty five, and that seems affair to me.
That would still give firms on my men's sony five
SMaL federal contracts. That would create another two million new jobs.
So if Trump gave legitimate small business of full twenty
three percent hopital contracts, gave women twenty five, that would
triple the number of that new jobs. And that, by
the way, that's the way to make America great. We
got to make America great again. Give more money to
small businesses were all most Americans work, right.
Speaker 3: It makes total sense. And uh, you know, like, but
the government likes concentration because when they want to audit
a company, if it's a big company, they only have
to do one audit. If it's an industry that's the
dominated by little companies, then they got to do like
multiple audits. Right.
Speaker 1: Yeah, well, you know I have to say that's not
saying I'm knowledgeable on I'll say this. Your listener can
search on a GAO thirty four percent no taxes. So
the governor accountability offosite to report. I think in the
last few months that if now thirty four percent of
the largest most properable companies in America pays zero penal
income tax, that's gets all contracts. So in twenty twenty four,
it looks like the top one tenth of one percent
got ninety five percent of all federal spending. And those companies,
a lot of them don't pay taxes, and they have
created one an job since nineteen eighty. So, you know,
you're the economics expert, imagine what will happen if we
continue to give over ninety five percent of all federal
contracts and spending to this tiny seven of the economy
that doesn't pay taxes and don't create jobs. What do
you think that's going to do over the next ten years?
Speaker 3: Carry mm hmm, yeah, well not good, huh unfair advantage?
Speaker 1: Right, yeah, well again, I just hope I would love
to talk to President Trump for five minutes in a
zoom call and say, mister President, you know, if you
want to make them Erica great, to get union Stan.
America is ninety nine percent small businesses, ninety percent of
all US firms have lesser high employees. And the people
who voted you in the office are small business owners
and employees. You need to do something.
Speaker 4: For them, right.
Speaker 1: And again, yeah, he should reopen the SBA and pump
up off all small business programs. But I'll tell you something,
My concern is that's not going to happen when Trump
is elected. In twenty sixteen, when he took office, the
sb budget was the lowest in history, and he cut it.
Speaker 4: Again. That's kind of shocking to me, right, But.
Speaker 1: Yeah, well again, I hope, I hope that that he's
influenced by Kennedy and Musk and all those people to
become more pro small business. I want Trump to be
the most pro small business president in American history.
Speaker 3: Yeah, don't we all want that? Huh?
Speaker 1: Yeah, absolutely, it'd be smart.
Speaker 3: Yeah. Well, obviously, because every big business to day, for
the most part, started out as a small business.
Speaker 1: Right, absolutely, absolutely. Hewlett Packard and Apple were start by
two guys in their garage. I had a roommate when
I was about twenty that was one of the first
employees of Federal Express. That was a little, tiny company,
right and now it's huge. But you know, I saw
a picture of the day in the airport in San
Francisco of the some type of I think it was
the World's Fair Francisco, like in nineteen fifteen. And Lakeheed
Martin got started with these two brothers getting people rides
in their seaplane. That's called Jackey Martin got started. So
Lackie Martin was a small business right following, you know,
same way Boeing U Boying were airplanes were made in
a barn, in a red barn when they started. Right. So,
almost all the big companies in America one time we're
small businesses. Look at the Microsoft that was Bill Jefferson
here like four or five you know kids somewhere right.
Speaker 4: So yeah, uh.
Speaker 1: Even Amazon at one point in time, Amazon had you know,
less than ten employees.
Speaker 3: Right.
Speaker 1: By the way, here's the statistic that will surprise you.
The average company in America has ten employees. The average
company in Mayora has ten employees.
Speaker 3: Right.
Speaker 1: But yeah, America needs to become more pro small business.
Speaker 3: All right, So what do you do? How do we
help make this a reality? Here?
Speaker 1: Well, I think that people need to educate themselves about
the fact that, you know, ninety nine point nine percent
of all firms are small businesses and if they agree
with me, since small businesses created all the jobs and
pay you know, most of the taxes, we need pro
small bits of programs.
Speaker 4: I would encourage people to.
Speaker 1: Contact your congressman, your legislators and become pro small business
because my concern is the DEFENSIIT aerospace centers industry is
going to put a lot of pressure on Trump to
close the SPA and wind out in those programs and
that would be horrific if he does, that'd be horrific.
So there's only one agency to support the ninety nine
point nine percent of all your terms that are small businesses.
That's a small administration. That AC needs to be expanded tremendously,
not closed or or you know that tastes of it.
I saw the new chair of the Senate Small Business Committee,
a senator from Iowa, state of SV needs to be streamlined.
That's crazy. It's got the smallest budget in forty years.
Then to be stream and it needs to be exploded.
Right But erchs I think it's a senator Erch from
Iowa is a new chair. But yeah, we need to
become you know, more pro small business. You know, support
small businesses and you know, tell your congressman and your
senators and no matter who you voted for, you need
to become pro small business and do you want to
make America great again? We're when have a strong economy
create jobs, it's going to only be through small businesses.
Speaker 3: All right. I love what you're saying. Totally relate to
it because I, like I said, am a small love
business person, always have been my whole life. And just
tell us how we find you, how we connect with
you on the internet.
Speaker 1: To Lloyd, all right, follow me on X I've got
a pretty good presence on social media.
Speaker 4: Follow me on X.
Speaker 1: I post videos all the time, and my website is
asbl dot com. You can see I've been on national
television over twenty five years. You can see a lot
of about TV appairss on Lloyd shopping dot com. At
My new project to help women small businesses is Don't
Cheat Women dot com?
Speaker 3: All right, Don't Cheat Women dot com links in the
show notes this interview on Financial Survival Network dot com.
You got a question for Lloyd myself, email Klatcarrie Lutz
dot com. While you're there on the site on Financial
Survival Network dot com. We just asked that you sign
up for your free newsletter, like sixty seven thousand other
FSN numbers have and Lloyd appreciate you coming on. We'll
definitely talk to you again.
Speaker 1: Gary, thanks for having me SHOWE. I love your show.
Speaker 4: Carrie, keep it up, you're doing a great job.
Speaker 2: Thanks for listening to Carrie Letz's Financial Survival Network your
solution to today's trying times. For the latest, go to
Financial Survivalnetwork dot com. Financial Survival Network now more than ever,