Kevin Brady: “They were here today to talk about government and about the role it plays in stifling small business and the jobs they…”

“They were here today to talk about government and about the role it plays in stifling small business and the jobs they have the potential to create. It reminds us and helps remind us that small business is the engine of our economic growth in America. They are the quiet, very quiet heroes of our American economy. We all know that most of the jobs in America are created by small businesses, but they are creating jobs at 8 times the rate at small businesses than are created in the larger companies with 500 or more employees. In fact in 1995, there were 800,000, 800,000 new businesses started in America, a 5 percent increase over the year before. Not only do these small businesses help our economy, but they help stimulate the economy in our community as well. They have a ripple effect each time one is created. A business with up to 100 employees not only brings new families and school children to our communities, but they also spin off another retail establishment to help support it. They create over half a million dollars in retail sales within that community and over a million dollars of more personal income to be spent to generate the local economy.”