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Thursday, May 24, 2007

Small Business, 'The Back-Bone of America'

Today, I read a blog posted by Jim Peake at, which highlights statements made by national public figures: Senator John Kerry, Congressman Patrick Kennedy, Governor Christine Todd Whitman of New Jersey and even Vice President Dick Cheney concerning small businesses. Each of which used the phrase, "Back-bone of America," to describe the social and economic impact of small businesses in the United States.

It is amazing that with such powerful words to describe the importance of small businesses to America; the White House has cut the SBA budget and is against any program to increase contracts for small businesses and the SBA its self is against a piece of legislation to give more contracts to small businesses. In fact, the White House has openly opposed H.R. 1873 the, "Small Business Fairness in Contracting Act."

Here are some facts: 98 percent of businesses in the United States have less than 100 employees, 89 percent have less than 20 employees. Additionally, there are 25,000,000 small businesses in the United States, which employ 50.1 percent of the private workforce. Small Businesses are the back-bone of America's economy, and it seems like maybe it is time the federal government to start treating them as such.

Here is the link to the blog:

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