Bill Clinton: “Let me say too, I thank all of you for your support of the SBA. I thank you, Pat, and Administrator Phil Lader and his…”

“Let me say too, I thank all of you for your support of the SBA. I thank you, Pat, and Administrator Phil Lader and his predecessor Erskine Bowles. I put two people in charge of the SBA; one of them, Erskine Bowles, spent 20 years starting small businesses--it occurred to me that for a change we ought to have somebody in there that had actually done that--and then Mr. Lader has spent most of his life running them. And it makes a big difference if you have people that have actually lived with this and know what they're doing. I'm very proud of them and all the people that work at SBA. I thank you for your support. It looks to me like from your example that's money well spent. Thank you. Thank you all.”