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View Diary: Mitt Romney: Lying to victory (383 comments)

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  •  Depends... (1+ / 0-)
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    Nicolas Fouquet

    If you don't include businesses with "no employees", that is, you are self employed or a sole proprietorship, then the statistic Romney stated is plausible. If you include businesses with no employees, which constitutes 75% of all businesses, then it is not even close. You can find data on sba.gov or from the census. A lot of the reports on small business statistics do not include single person businesses, even though that would seem to be the epitome of a small business. A small business is defined by the SBA as one with fewer than 500 employees.

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