Contrary to What You Hear in the News, Small Businesses Don't Think They Have Problems Getting Credit

One of the great myths perpetuated by the right is that Dodd-Frank and other financial regulations by the Obama administration are preventing the financial sector from functioning. As a result, small businesses supposedly can't get the credit they need to grow or even survive. University of Maryland economist Peter Morici made this argument in a Morning Edition segment in a debate with my friend Jared Bernstein.

There is actually a simple response to this claim: it's not true. The National Fe...