Sue Kelly: Backbone of Economy

Posted by admin on Thursday, August 4, 2022

Meaning of Sue Kelly Money Quote: saying Small business owners are not allowed to collect interest at profitable rates. Sue Kelly said:
 
backbone of our economy, keeping small business owners from collecting the same interest their money could earn Quote

“Small businesses provide 75 percent of new U.S. jobs and are the backbone of our economy, and no outdated ban should be keeping small business owners from collecting the same interest their money could earn if it were held by an individual” — Sue Kelly

 

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This quote from Sue Kelly emphasizes the important role that small businesses play in the US economy by providing most new jobs. She argues that outdated bans should not prevent small business owners from earning the same interest on their money as individuals can.

The best interpretation is that Kelly is advocating for policies that give small businesses equal access to financial opportunities and allow their capital to generate returns just like money held by individuals, in order to support further growth and job creation by small enterprises.

Her view seems to be that regulations should not unduly restrict small businesses from maximizing the potential of their funds to invest and reinvest in economic expansion and hiring.

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