Political Quotes

On the recordJune 4, 1997
I rise today to commend a growing group of Americans who are at the heart and soul of America's thriving economy, America's small business owners. During this week, Small Business Week, I want to recognize small business owners for their contributions to our economy, our society and our communities. At the heart of every small business owner is the entrepreneurial spirit which our forefathers founded and build this country. It is this spirit and heart which has kept our business competitive for the past 200 years. In today's marketplace we can see large multinational corporations facing competition from small businesses making use of the Internet to expand their markets and competing with their counterparts from across the world. When we have small business owners striking out on their own trying to make a life and a living for themselves, we cannot afford to stifle the entrepreneurial spirit by overtaxing them. Small businesses constitute 98 percent of all businesses in America. They employ nearly 60 percent of the work force. In addition, small businesses have created about two-thirds of the net new jobs in the American economy since the early 1970s.
Said by
John Shimkus
Republican · Illinois

Editor's note · Context

Recognizing the contributions of small business owners during Small Business Week.

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