Mr. Speaker, 2 weeks ago we celebrated National Small Business Week and the entrepreneurial spirit that makes this Nation great. Small business drives our Nation's economy and the heart of our communities. Small businesses account for 99.7 percent of the Nation's employers. Small businesses employ 53 percent of the private workforce and are responsible for over 50 percent of the private gross domestic product. During this time of economic uncertainty, it is important to remember that small businesses have pulled this Nation out of every downturn. Small businesses create about three-fourths of the new jobs in this country. That is why it is critically important that we in Congress do all we can to foster the entrepreneurial spirit in America. After all the festivities are over, it is especially important that we carry on the legacy of National Small Business Week throughout the year by strengthening and making the Office of Advocacy at the Small Business Administration more independent. Advocacy is a very small, but unique and dynamic, government office.
Editor's note · Context
Discussing the importance of small businesses during National Small Business Week.
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