Political Quotes

George H.W. Bush: “Small business is the backbone of the U.S. economy, creating two out of every three new jobs, employing half the private…”

On the recordMay 7, 1990
Small business is the backbone of the U.S. economy, creating two out of every three new jobs, employing half the private work force, accounting for 40 percent of America's total gross national product.
Said by
George H.W. Bush
Republican · Texas

Editor's note · Context

Remarks at the Presentation Ceremony for the Small Business Person of the Year Award

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