“America has always been a nation of do-ers.”
In his address to the country on Thursday, President Obama discussed how the nation needs to help small businesses grow in order to create more jobs for the country. “Because the new businesses they create are responsible for most of the new jobs in this country, helping them succeed is essential to helping our economy grow. That is why we need to do everything we can to make it easier for America’s entrepreneurs to take an idea from the drawing board, to the factory floor, to the store shelves,” explains Obama.
It is Obama’s hope to pass legislation that makes it easier for startups to get the funding they need to grow and prosper, and ultimately create more jobs. The program is called Startup America and has a main goal of helping entrepreneurs get the loans they need and speed up the innovation process.