Blog

A Win for the Little Guys

f t # e
Washington, June 19, 2015 | comments
share: f t

A Win for the Little Guys

Yesterday marked a milestone for American small businesses, with the passage of much-needed Trade Promotion Authority (TPA) in the House.

Ninety-nine percent of American companies are actually small businesses, and they employ over half of the entire American workforce.  Right now, only 2 percent of these small businesses export. Better trade agreements lay the groundwork for easier entry into the global market and position small businesses for more opportunity and success.

TPA doesn't just help us think bigger, it compels to us to do so. It prioritizes international trade agreements, and rightly so. There is no better time than now for the United States to reclaim its role as a world leader in trade.

Not only is TPA beneficial from an economic standpoint, it also reinforces the American system of checks and balances. It’s no secret that the current Administration’s understanding of transparency is about as clear as mud.  Now, Congress has the ability to throw up speed bumps if we end up on the track to a raw deal.  TPA requires communication between the people negotiating trade deals and the people representing small businesses at home. 

Every small business starts with an idea. Those ideas become services or products, and then they become livelihoods for the people connected with them. Before long, those ideas are small businesses that support and define our local communities. Because of small business, it's our local communities that have the most to gain from TPA.

Passing TPA shows the rest of the world that we mean business.  

f t # e