“The recession and recovery have made it clear: Entrepreneurs have lit up America’s economy. Now if only policymakers would recognize that fact.
By Mark Zandi
You’ve probably noticed that, after three lean years, a self-sustaining economic expansion has finally begun. But you may not have noticed an even more dramatic change: Over the past few years small businesses have played an increasingly pivotal economic role. In 2000 privately held companies?smaller businesses mostly?accounted for less than half of the country’s total operating profits. Today that number is closer to two-thirds. Small businesses weathered the downturn much better than their larger counterparts, and they are leading the way into the budding expansion. Now it’s up to policymakers to design economic policies that recognize that role.”
– Policymakers where are you! Small Business has always been the core of America and is now more so then ever before. The real power is here. -ed.