I am a woman entrepreneur who knows what it is like to build a business here in America, the “land of opportunity” — or should I say what used to be the land of opportunity?
Being an entrepreneur and passionate about all issues related to start-ups and small business, I believe that small business is the lifeline to restoring the economy, as well as helping the American people become happier and more fulfilled.
I find that most of the things written and said in the media about the former speaker of the House to be quite negative, mainly tabloid fodder. Do we really need to discuss his personal transgressions or can we focus on what he can potentially do to get this country back on its feet?
Gingrich is a man with great ideas. He understands free enterprise, as well as small business. Even former president Bill Clinton, who worked with Newt for many years, said that Gingrich is “always thinking, always has a bunch of new ideas, and some of them are pretty good.”
He has experience getting the economy moving, and most likely can do it again. Gingrich was instrumental in the first Republican takeover of the House of Representatives in 40 years, as well as the first balanced budget in 40 years. As conservative economist Thomas Sowell notes on the takeover, “The media called it ‘the Clinton surplus,’ but all spending bills start in the House of Representatives and Gingrich was the speaker of the House.”
The number of people on foods stamps has grown dramatically since President Obama has taken office. With record numbers of people out of work, Gingrich wants to help restore the work ethic. Gingrich believes that “every American of every background has been endowed by their creator with the right to pursue happiness,” and that “if that makes liberals unhappy I’m going to continue to find ways to help poor people learn how to get a job, learn how to get a better job and learn some day to own the job.”
Here is where it is imperative to bring up the issues of small business, free enterprise and entrepreneurship. Most entrepreneurs possess an unbelievable drive and work ethic. What most entrepreneurs, start-ups and small businesses lack, however, is proper funding. The government does not support small business, banks are still not lending to hard-working men and women who have viable businesses and the Small Business Administration is still floundering with its definition of small business. The signing of Obama's Dodd-Frank bill (which Gingrich opposes) has also made it even harder to secure bank loans.
In my opinion, a total restructuring of how government regards and supports small business and free enterprise is necessary at this stage in our history. Even with this year’s recently changed definition of a small business by the SBA, many doubt that the government’s policies are beneficial to small business. In my opinion, the definition of small business, particularly in its size standards, needs to be further addressed as entrepreneurs who are interested in creating jobs on a local level should never have to compete with large/multi-national corporations.
Is Gingrich the man to do this? We certainly do need to give him a chance — at this point he seems the candidate most suited for the presidency. Americans need to start focusing on the issues and the facts, and not on broad generalizations and media spin.
As Thomas Sowell so eloquently states, and I wholeheartedly agree, “We should not sell the public short by saying they are going to vote on the basis of tabloid stuff or media talking points when the fate of our nation hangs in the balance.”
Faith Smith is founder of Eyes Cream Shades, a supplier of kids’ sunglasses, and boutique consulting firm Vision Passion Faith, both in Irvine, Calif.