Roy Blunt: “this week is Small Business Week. For over a half a century now, the country has officially recognized Small Business…”

“this week is Small Business Week. For over a half a century now, the country has officially recognized Small Business Week, but in our country, small businesses have always accounted for and still account for most of the jobs created-- certainly, for most of the new jobs created. In Missouri, that is absolutely the case. We ought to be doing all we can to create an environment in which people can get those new jobs and often get their first jobs, and I think we are doing that. There is nothing better for small business than a strong overall economy. Almost daily now, we see some new number that sets a new record for the last 40 years or maybe for the last 50 years. In the case of the unemployment number, just this week, for the 13th month in a row, we have had more jobs available than people who have been looking for work, and that had never happened a single time--not one single time--until 13 months ago. The best thing, obviously, for small business is to be part of a growing economy, a vibrant economy. We are seeing that, and there are reasons for that. The Tax Cuts and Jobs Act of 2017 is one of those. Almost every small business now pays less in taxes on its business than it did before. Businesses are allowed to fully deduct the cost of new equipment so they can reinvest and reinvent and grow their businesses. That means more jobs. The tax cuts also allow people to keep more of their money, and that means they have more of their money to spend.…”