Small Business Takes Center Stage As Election Day Approaches
As the presidential campaign season enters its final and most decisive chapter, small business has taken center stage. During their conventions, both parties repeatedly appealed to the concerns of American small business owners. A recent poll of small business owners conducted at George Washington University indicated that 47 percent of respondents intend to cast their vote for President Obama, while just 39 percent plan to vote for Mitt Romney.
GOP’s “We Built It” Day Salutes Business Owners
At the Republican National Convention in Tampa, FL, the party devoted a whole day to its “We Built It” theme, which celebrated the hard work and sacrifice of American business owners. Country music songwriter Lane Turner even penned a song, “I Built It,” in homage to Americans’ entrepreneurial work ethic:
DNC Speakers Highlight SBA Small Business Loans, Small Business Tax Cuts
At the Democratic National Convention, small business was once again a central focus. The owner of brewery in Virginia delivered a speech expressing his gratitude to the Small Business Administration, which provided a start-up loan that helped him launch his business. During her speech, SBA Administrator Karen Mills praised President Obama for lowering taxes on small business owners and easing restrictions to promote increased hiring. She also pointed out that the SBA has issued a record number of small business loans during Obama’s first term. The first meeting the Small Business Owners Council also held its first meeting during the convention, and groups representing owners of start-up businesses and women-owned businesses held events outside the convention.