Barack Obama: Mom & Pop Shops Economy
on Saturday, November 24, 2018Barack Obama Money Quote saying in his statement about Small Business Saturday that small stores and local business strengthens the U.S. economy. Barack Obama said:
“From the mom-and-pop storefront shops that anchor Main Street to the high-tech startups that keep America on the cutting edge, small businesses are the backbone of our economy and the cornerstones of our Nation’s promise” — Barack Obama
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This quote from Barack Obama emphasizes the vital role that small businesses play in both local communities and the national economy. He describes them as the “backbone” and “cornerstones” that support economic activity from Main Street shops to innovative startups.
The best interpretation is that Obama is underscoring how small enterprises are job creators at the grassroots level and drivers of technological progress. They embody the promise of opportunity in America.
By highlighting small businesses’ dual function of anchoring neighborhoods while also pushing new frontiers, Obama conveys his view that they deserve strong support in order to sustain healthy growth, job creation and technological advancement for the country as a whole.