Senior fellow Charles Kenny was mentioned in a Washington Post article on small businesses.
From the Article
Politicians harp on it, economists point to it, and for many years, small business lobbyists and support groups have relied on it to sway public opinion in favor of corner stores rather than giant corporations. Obama has identified small businesses as an important part of the country’s economic recovery. (Jason Reed - Reuters) business lobbyists and support groups have relied on it to sway public opinion in favor of corner stores rather than giant corporations.
Of course, it is the notion that small businesses drive economic growth – and it is coming under attack.
In the past month, several reports show that while small businesses outnumber their larger counterparts, they nevertheless collectively employ fewer people, create fewer jobs and account for less wages than big companies. In response to the data, some analysts have called for government leaders to place less emphasis on small business interests in their efforts to resuscitate the American economy.
“The notion that small business is the force behind prosperity is not true,” Charles Kenny, a fellow at the Center for Global Development and the New America Foundation, wrote in a Businessweek story published earlier this month. “The longer the U.S. and other countries cling to this myth, the harder it will be to carry out the kinds of economic policies that might actually stimulate job growth.”