Picture a muscled bully snatching candy from a skinny kid. That, according to aggrieved entrepreneurs at the American Small Business League, is what’s going on in federal government contracting – where big conglomerates are grabbing almost $60 billion a year that’s supposed to be going to small businesses.
Wilma Erwin is fuming. Despite an 18-year track record of paying her bills on time, the retired principal got a notice April 15 from Discover Card that her card's 10.99 percent rate will jump to 15.24 percent.
You see the B12 bus go by in the Bronx and an ad for Jackson Hewitt Tax Preparation services saying, "Loan money now; get your money right up front," with the image of a smiling family. Or you get something in the mail talking about how you will get a free Metro Card, or how you can instantly get a refund loan without having to wait for the IRS.