Famous quote by Sue Kelly

"Small businesses provide 75 percent of new U.S. jobs and are the backbone of our economy, and no outdated ban should be keeping small business owners from collecting the same interest their money could earn if it were held by an individual"

About this Quote

In the quote by Sue Kelly, she highlights the crucial role that small companies play in the U.S. economy, stressing their considerable contribution to job production and economic stability. She mentions that small companies account for 75 percent of brand-new task development, highlighting their function as a vital engine driving financial growth and development. This statistic highlights the reliance of the U.S. task market on little enterprises, highlighting the importance of policies that support and nurture these businesses.

Kelly's usage of the expression "foundation of our economy" metaphorically symbolizes that small companies are fundamental to the general structure and functioning of the economy, just like a foundation is to a body. Without the support of small companies, the economic system might have a hard time to sustain itself, given how intertwined these business are with more comprehensive financial health and work rates.

The latter part of the quote addresses an existing "outdated restriction" that prevents small company owners from collecting interest in the exact same manner that individuals can. This suggests that regulative or legislative barriers exist, restricting the monetary potential and fair competition for small companies. Kelly argues against these old limitations, pointing out that they avoid small companies from optimizing their monetary returns and growing their capital in the very same way as personal savings might.

Implicit in her declaration is a call to action for policymakers to reevaluate and upgrade the legal framework governing monetary opportunities for small businesses. By advocating for the removal of these bans, Kelly supports producing a level playing field, thus making it possible for small companies to prosper and continue their pivotal role in the U.S. economy. Her statement shows a wider call for reform, advising a re-evaluation of monetary laws to much better assistance and empower small business owners, aligning their operating conditions more closely with those of individuals.

More details

TagsBusinessMoney

About the Author

USA Flag This quote is written / told by Sue Kelly somewhere between September 26, 1936 and today. He/she was a famous Politician from USA. The author also have 23 other quotes.
Go to author profile

Similar Quotes