Entrepreneurs are small business people trying to get big. Very big, very fast! They are one of the main engines that drive job creation and economic growth in our country. In fact, they start entire industries that keep jobs at home for decades.
Federal Reserve Chairman Ben Bernanke was recently
quoted in the LA Times saying “Making credit accessible to sound
small businesses is crucial to our economic recovery, and so should be
front and center among our current policy challenges."
Yet due to the depletion of small business stimulus reserves, hundreds of small business loans are currently on hold and lending is down. There are precious few entrepreneurs in DC -- Sen. Mark Warner is the exception to the rule. So it should come as no surprise that neither the Legislative body nor the Executive Branch intuitively understand how entrepreneurs think or how best to drive technological growth. If they did, we wouldn’t be facing this shortage of funds at such a critical juncture.
To read the full, original article click on this link: Washington D.C. Needs More Entrepreneurs « Velocity - Forbes.com
Author: Jim Watson
