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World Economy Mar 22, 2026

The SBA's Politicization Hurts Small Businesses

The Small Business Administration's new policy of denying loans to non-citizen small business owner…
The recent decision by the Small Business Administration (SBA) to deny loans to small business owners who are not US citizens has raised concerns about the politicization of the agency. Kelly Loeffler, the new administrator of the SBA, announced that the agency would no longer approve loans to small business owners unless they are US citizens, effectively excluding legal immigrants with green cards and full residency from accessing loans.This move has been criticized for being a political decision that harms small businesses and the economy. The SBA's mission is to support small businesses, which are the backbone of the US economy. By denying loans to certain entrepreneurs, the agency is limiting access to capital and hindering the growth of small businesses that could benefit their communities and the country at large.The decision is also seen as a reaction against the Biden administration's efforts to promote diversity and inclusion. Under Biden, the SBA had often featured diverse groups of business owners in its marketing materials, but this new policy seems to be tailoring the message to serve the Trump administration's political agenda.Supporting small businesses should not be a controversial position, and most of the time it is not. However, the SBA's politicization has made it a propaganda tool for the party in power, rather than a neutral agency serving the interests of small businesses.To address this issue, some suggest taking the SBA out of the government and spinning it off into a separate entity, similar to the Manufacturing Extension Partnership or the MITRE Corporation. This entity would be funded by both the government and private industry and would be required to report to Congress through its existing small business committees.The goal of this new entity would be to coordinate government loan guarantees, assist with federal funding, and provide training, counseling, and support to small businesses. This would help to insulate the agency from political cycles and ensure that it serves the interests of small businesses, rather than the interests of the party in power.
#small #businesses #sba
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Stage Mar 22, 2026

Slippery Review: A Queer Dating Scene Dissection

A review of the play 'Slippery' by Louis Emmitt-Stern, exploring themes of queer dating, bereavemen…
The play 'Slippery' by Louis Emmitt-Stern delivers a knotty dissection of the queer dating scene and bereavement in many forms. The story revolves around Jude and Kyle, exes who reunite in Jude's Canary Wharf penthouse after a decade apart.Ten years ago, they were a hedonistic couple, partying into the early hours. Now, their lives have diverged: Kyle has left behind the party lifestyle, while Jude is grieving the death of his partner, Sam. As they catch up, their lies begin to crack open, revealing a complex web of emotions.John McCrea and Perry Williams shine as the exes, capturing the nuances of their characters' past and present selves. McCrea, in particular, is a standout performer, effortlessly shifting from grief-stricken to a magnetic seducer.The production, directed by Matthew Iliffe, effectively conveys the intimacy of a past love that still lingers. However, the script's constant revelations can feel forced, detracting from the realism of the story.Despite this, 'Slippery' remains a compelling exploration of queer relationships, grief, and the complexities of human emotions. The play is set to run at Omnibus theatre in London until 11 April.
#theatre #bereavement #london
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