President Barack Obama went to New Hampshire Tuesday to promote job creation through a plan to funnel $30 billion in Troubled Asset Relief Program funds into small-business loans from community banks. Sector experts, including the chief economist for the National Federation of Independent Business, William Dunkelberg, say small-business owners are not hiring more workers because sales are off, not because they cannot get credit. Other critics warned banks will not lend if borrowers are not credit-worthy or if the program has too much red tape.

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