Wow, another bombshell dropped us on by Congress! The clause that Small Businesses in Defense (and other) areas for a guaranteed budget allocation has been squelched.
This previous instance set some serious precedence with no end in sight.
So, fresh from the halls of Congress is this little gem:
As Nick Wakeman has had to say,
I think this story is just beginning. Small business advocates will likely be on Capitol Hill explaining ways that Congress can address the court’s ruling. Some will argue that many socio-economic groups still are discriminated against. Another argument is that small business programs foster economic growth.
We definitely need that now.
Perhaps this will drive innovation in these smaller businesses in order to be more agile, nimble and able to take those monies from big business. But without any major reform in addition to these new lines of ‘reform’ initiated from Congress and declaring things “unconstitutional” we’ll be stuck with more of the same, Big Business Wins, small businesses collapse and Monopolies all around! The question is, who will be the Thimble and who will be the Car.
Good luck out there small businesses. It’s definitely an uphill battle from here.