I understand small business growth. I was one.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.
A lot of times in the rhetoric, people forget the facts. And the facts are that thousands of small businesses-Hispanically owned or otherwise-pay taxes at the highest marginal rate.
I believe the best way to help our small businesses is not only through small-business loans, which we have increased since I've been the president of the United States, but to unbundle government contracts so people have a chance to be able to bid and receive a contract to help get their business going.
I come from the school of thought that says when people have more money in their pocket during economic times, it increases demand or investment. Small businesses begin to grow, and jobs are added.
I can't wait to join you in the joy of welcoming neighbors back into neighborhoods, and small businesses up and running, and cutting those ribbons that somebody is creating new jobs.
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