Barack Obama: Small Business Saturday

Posted by admin on Saturday, November 24, 2018

Barack Obama Money Quote saying Small Business Saturday supports one of the most important components of the U.S. economy. Barack Obama said:
 
Through events such as Small Business Saturday, we keep our local economies strong and help maintain an American economy that can compete and win in the 21st century Quote
 

“Through events such as Small Business Saturday, we keep our local economies strong and help maintain an American economy that can compete and win in the 21st century” — Barack Obama

 

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In this quote, Barack Obama seems to be expressing support for the economic importance of small, locally-owned businesses in communities. Some key points:

  • He references “events such as Small Business Saturday”, which encourage consumers to patronize independent, smaller scale enterprises on one weekend in November.
  • Obama implies that by supporting these types of businesses through initiatives like this, it helps “keep our local economies strong” and thriving.
  • He also connects strong local economies powered by small businesses to the overall strength and competitiveness of “an American economy that can compete and win” globally.
  • This suggests Obama viewed small enterprises as a driving force for both local job/wealth creation and America’s ability to succeed in international trade and industry against larger foreign competitors.

Overall, the quote conveys Obama’s view that small, community-based businesses play a vital role in powering local economies and maintaining America’s position as an innovative world leader through the 21st century if adequately championed and patronized both nationally and locally through events and policies.

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