Small and medium-sized businesses are the growth engine of the economy, and in a new proposal, Secretary of State Hillary Clinton strongly suggests government “loosen regulations and make it easier to start or expand a small business….” in Tunisia, Egypt, and Libya.
United Nations gatherings always brings a few curious statements from dignitaries, or a few decisions to laugh at, you know, like hearing about the new “members” of the Human Rights and Women’s councils. The recent gathering did not disappoint, with one statement from the secretary of state concerning the importance of job growth for the economy.
I’ve included some text from Clinton’s remarks and I’ve embedded the full video. Clinton was speaking at the G-8’s “Deauville Partnership With Arab Countries in Transition” Foreign Ministers Meeting.
Here is part of Clinton’s remarks with my emphasis in bold. You can read the full transcript here.
Today, we want to send a clear message to all those in the region who are working each day in governments, in civil society, in the private sector, to build responsive institutions, to strengthen faltering economies, to deliver freedom for all people, to respect human rights: we stand with you and we will stand with you as long as it takes.
Because our partnership is taking practical steps to help more people in the region feel the benefits of democracy in their daily lives. In Tunisia, Egypt, and Libya, people rose up against their dictators because they were fed up with governments that served the interests of a few at the expense of everyone else. But economic and social challenges did not disappear with the dictators. Too many people still can’t find jobs, and young and growing populations crave a sense of opportunity and self-determination.
On the economic front, we are zeroing in on small and medium-sized enterprises because they are the growth engines in any economy. They create the bulk of new jobs and they spread wealth more broadly through more communities. And when people have the opportunity to unleash their talents and create something of their own, they are more invested in their communities, their countries, and their new democracies.
So the OECD is helping emerging democracies find ways they can loosen regulations and make it easier to start or expand a small business. Several partners are setting up funds to help small businesses gain access to loans and financing. People of the region need to see that their governments can be fair and just.
I’m going to read your mind at this point … you’re probably wondering “what small businesses?” I get your point, but onward…
Why is it the Obama administration is suggesting a reduction in regulations and a drive to restore faith in government within the Arab world but not here in the United States? Is it because we don’t completely over-react to unwatched videos by rioting in the street, burning buildings and killing people? I’m serious, do they not see the TEA Party protests as a civilized demand for reduced regulation, smaller government and a restoration of faith and trust? Are they refusing to even acknowledge conservatives in the United States simply because we refuse to riot?
Of course, I’m not at all suggesting we get violent, rather we should honestly question what the hell is going on in the minds of the Obama administration and other liberals across the nation and move to replace them … on election day.
Here’s the video. The full statement is only about nine minutes.