The President can instruct the Treasury to fund SBA loans for 100% profit sharing businesses like the Alvarado Street Bakery with average worker wages of $70k. Revenue from 4% interest rate SBA business loans can be used as a budget offset to reset student loans to 0% interest providing vast debt relief for many Americans. The SBA has ten years of data of 0% default franchises-why should it guarantee loans to 1 person to profit & 25 to live in poverty when these franchises (or copycat franchises that offer a competitive advantage like lower franchise fees & better products) could be funded as self-managed profit shares & provide better worker wages? Mr. President please instruct the Treasury to fund SBA loans for 100% profit sharing companies to address income inequality.
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