They, too, are men and women of vision. They, too, have the courage to take risks and the willingness to make their ideas work. Industrious and self-reliant, small business men and women continually lead the way in the development of new technology and products and in the creation of economic opportunity for all Americans. Indeed, small business is the lifeblood of America's free enterprise system. It is within this vital sector of our economy that most workers find their first jobs and training.
Small businesses account for two out of every three new jobs created in the United States.
The creative, hardworking men and women who own and operate small businesses have demonstrated clearly how private initiative and free-market principles hold the key to success for individuals and nations. Through the work of small business people, the spirit of freedom and entrepreneurship is renewed every day of the year. Small business owners take advantage of the liberty and opportunity our Nation offers and achieve success through determined effort, self-confidence, and an abiding faith in the American dream. They show us that, while the risks and challenges faced by America's entrepreneurs are great, so are the rewards of creating jobs, meeting a payroll, and contributing to the development of one's community. Because individual initiative and private enterprise are the foundation of our Nation's technological progress and economic prosperity, and because small business reaffirms the value of our freedom, we must be committed to maintaining an environment in which they can thrive.