B2G Institute Blog – Government Contracting

The Sun-Sentinel in Florida reported today that Washington is now promoting Bankruptcy as a solution as opposed to a bailout for many American companies. Senator Christopher Dodd, a large proponent of the bailout from its inception, “I am very much attracted to the prepackaged bankruptcy idea”, moving away from his previous position. How many smaller companies will not s payments when these companies go into reorganization? How many smaller companies not capable of “re-organizing’ will bite the dust forever, and then lose homes, and put employees back on the street? Is this bankruptcy thing a cop-out, or a strategy?

According to TIME magazine, the election of Obama “..signals the end of the Reagan era.” Reagan rejected Big Government, cut taxes, and intensely pursued deregulation. Small business now faces a new landscape: how will increased regulation, a change in the tax structure, and changes in Government affect us? Will increased top-line revenue offset any new taxes, and if not, will Government spending trickle down to the small employers in this country?