Political Quotes

On the recordSeptember 14, 2010
This is an important piece of legislation. It is the most significant thing we have done since the stimulus bill was passed to create jobs. It is estimated this will create from 500,000 to 700,000 jobs. It will give community banks the ability now to compete with the big banks and loan money to small businesses. As I said this morning, big banks are doing great. The stock market jumped up yesterday because they looked at the financials of the big banks and they are doing terrific. Big business is doing just fine. But in this recession we have the jobs that have been lost in the small business sector. Eighty percent of the jobs lost are from small businesses. This legislation will allow community banks to start loaning money. As you drive across the country, you see these strip malls with 'For Lease' signs up. That will be ending in the near future. People will be able to borrow money to keep inventory for these little businesses that create thousands and thousands of jobs.
Said by
Harry Reid
Democratic · Nevada
Source
govinfo.gov
Sep 14, 2010

Editor's note · Context

The speaker is discussing the importance of legislation aimed at job creation and supporting small businesses.

Share

More from Harry Reid

Dec 28, 2021

The United States is a country that people look to with envy because of our two-party system. It`s worked out well. I believe in the two-party system. The Republican Party, the Democratic Party is good for this country. Donald Trump has…

msnbc.com
Dec 9, 2016

we have now three hours until 10 o'clock. I hope that during that period of time, people will do whatever they need to do to make sure they get anything they want in, whatever they are trying to get. The reason I say that is that we are…

govinfo.gov
Mar 7, 2017

real value . . . not in producing or selling the [set-top] box but in the data that the box will collect.

congress.gov
Dec 28, 2021

if we have the political will, we have the opportunity to improve the lives of millions of families today and build a stronger, better and more prosperous country for generations to come.

msnbc.com

Other voices in this conversation