RNC Women

There are 6.5 million small businesses owned by women in the United States.

Unfortunately, it’s small businesses that were left out of yesterday’s “Jobs Summit” at the White House. 

Consider that Obama’s bailout of General Motors cost nearly $50 billion in direct aid from the federal government but small businesses received less than $400 million in loans under the federal stimulus package. 

The Obama Administration and its allies like Nancy Pelosi fail to understand that small businesses are the engine that will spur economic recovery.  According to the Small Business Administration, small businesses have generated 64% of all the new jobs created in the last 15 years and employ half of all private sectors employees.  Small businesses drive innovation and produce thirteen times the number of patents as big corporations. 

The White House will argue that representatives of the Small Business Administration and other small business advocates were invited to the summit at the White House.  But given the policies enacted by this Administration and its liberal allies in Congress, it’s unlikely that they will receive anything other than lip service.  

According to the City Business Journals’ survey, businesses owned by women tend to be smaller than those owned by men.  Government aid from the White House, however, tends to be directed disproportionately at big corporations.  That tilting of the playing field should cause women voters to take a hard look at the Obama White House’s job creation efforts, and ask why this Administration continues to neglect a segment of the economy so important to the female workforce.