On the recordApril 22, 2008
As we celebrate National Small Business Week, which runs April 21 through April 25, 2008, I rise in support of a Senate Resolution--which I introduced along with Chairman Kerry, and other members of the Senate Committee on Small Business and Entrepreneurship--that honors the entrepreneurial spirit of our Nation's nearly 27 million small businesses and the tremendous contributions they make to our economy. Small businesses are the driving force behind our nation's economic growth and job creation. Representing 99 percent of all employers, small businesses create nearly 3/5 of all net new jobs and generate more than 50 percent of the Nation's nonfarm gross domestic product. They are the foundation, the engine, the core of our economy. Clearly, the greatest source of jobs in this country are the small businesses that are constantly responding to new challenges with innovations and creativity. As Ranking Member of the Senate Committee on Small Business and Entrepreneurship, I have made it one of my top priorities to be an advocate for small businesses, and to help raise the needs and concerns of our countries' job creators. With more than 600,000 small businesses having opened in 2006, this is clearly a sector that deserves our accolades, recognition, and support. Indeed, hope embodies the spirit of the 26.8 million small business owners.
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