To Save America by Newt Gingrich

Author:Newt Gingrich
Language: eng
Format: epub
Publisher: Regnery Press
Published: 2010-06-06T16:00:00+00:00

CHAPTER THIRTEEN

A Small Business Plan by Small Businesses for Small Businesses

With Dan Varroney, COO of American Solutions

Small business is the engine of job growth, creating three out of every four new jobs. And many of the remaining jobs are created by companies that began as small start-ups. So if you want to expand the economy and create jobs, you have to focus on small business.

American prosperity is the cumulative result of the creativity, courage, and leadership of individual men and women. In business, science, and the military, the relentless pursuit of innovative achievement has been the driving force of our success. This is the value of entrepreneurship. It is the spark of energy and purpose that leads individuals to create and manufacture something new and productive. It breaks through barriers, challenges the status quo, and draws upon the strengths of others to achieve results. It is the will to work hard, coupled with the intelligence to work smart. Fundamentally, entrepreneurship is the audacity, perseverance, and competence that turn an individual into a creator, whether of wealth, science, technology, or military success.

Throughout our history, Americans have found innovative and even revolutionary methods to accomplish what people thought was impossible. Benjamin Franklin harnessed the power of lightning. Samuel Morse’s telegraph and Alexander Graham Bell’s telephone allowed us to communicate across great distances. Henry Ford developed uniform car parts and from that created the assembly line, ushering in the system of mass production that would define twentieth-century America. Defying gravity, the Wright Brothers introduced manned flight. Charles Lindbergh extended this know-how to fly across the Atlantic Ocean, and NASA’s Mercury and Apollo programs later took man into space. J. Robert Oppenheimer and the Manhattan Project unlocked nuclear power, a source of energy several orders of magnitude beyond any that had ever been conceived.

Government at every level can encourage thriving new businesses and job growth with low government costs, minimal regulation, low tax rates, solid education systems, and fair, predictable laws.

But government itself cannot create sustainable jobs.

The 2008 recession brought double digit unemployment, shut down businesses and factories, and put millions of Americans out of work. To overcome this adversity and spark long-term job creation, we need to focus on entrepreneurship, small jobs, innovation, and removing government obstacles to growth.

The floundering command and control approach of the Obama administration and Congress is proving once again that government doesn’t create jobs. Introducing new taxes and regulations destroys jobs and restricts innovation. With unemployment hovering near 10 percent, we must change direction and position the United States to be the industrial powerhouse it can and should be.

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