Issue Position: Small Businesses

Issue Position

Small business represents the economic engine of our society. We are lucky that Hispanics, Anglos, and African Americans, profoundly influence our district -- populations that are best served by an economic environment that encourages and supports the development of small business. We can improve our communities and contribute to our success if we receive the tools to establish small businesses that can provide entry-level jobs as well as higher-paying opportunities.

While the wealthy have disproportionately recovered from the great recession, 95 percent of our residents have not fully participated in that recovery. Our net incomes are stagnant, and our net worth has collectively declined. The solution is to create more jobs that pay a fair wage. Small businesses are the fastest and best way to do that.

Unfortunately, in recent years, banks have become increasingly hesitant to loan money to small businesses. I will work hard to change that. We need to jump-start the banking industry for small business loans. While I am not a big fan of some of President Trump's policies, I am willing to work across the aisle on regulation reform that will accomplish as well as reducing the paperwork associated with creating and running a small business.

Rather than having to rely on big business to save us, we can take back control of our economic future by making our District heaven for entrepreneurs and a hotbed for small firms.

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