Claim: In his remarks to small-business owners March 16 at the White House, President Obama repeated a statistic we've heard from both Democrats and Republicans.  Obama said small businesses are responsible for creating "roughly 70 percent of all new jobs in the past decade." That stat is one put forth by the Small Business Administration. The SBA says that small businesses "have generated 60 to 80 percent of net new jobs annually over the last decade."
Fact-check: Will Work for Small(ish) Businesses - FactCheck.org
Verdict: in his remarks to small-business owners march 16 at the white house, president obama repeated a statistic we've heard from both democrats and republicans.  obama said small businesses are responsible for creating "roughly 70 percent of all new jobs in the past decade." that stat is one put forth by the small business administration. the sba says that small businesses "have generated 60 to 80 percent of net new jobs annually over the last decade."
Organisation: FactCheck.org
Author: Lori Robertson
Date published: 2009-03-19T21:49:41