Jobs and the Economy

Small businesses are the primary source of jobs in our economy. 99.7% of U.S Employer firms are small businesses. Allen understands that a good small business climate is key to strengthening our communities. Small businesses are integral in sparking innovation, creating jobs in the communities they operate in, and provide minorities and women opportunities to achieve both financial success and independence.  

 

Small business owners with proven track records, good credit histories, and innovative ideas should have access to loans. It is important that they be able to get credit so that they can expand and hire new workers and continue to stimulate the economies of the communities where they do business. That’s why Allen has supported legislation like the Small Business Lending Fund Act. This bill creates a fund to make capital investments in community banks to increase the availability of credit for small businesses. Allen strongly believes that the federal government should encourage lending that can support economic growth in our neighborhoods.

 

Allen believes that a viable economy has roots tied into a strong and growing middle class and the development of small businesses—that’s why he has a plan to create jobs and increase economic security for working families. The current economy just doesn’t work for a lot of the nation – including working families and the middle class. 

 

He’s been driven by the basic values that make our country great: America flourishes when small businesses prosper because they have the tools and resources they need to operate, grow, and give back.

What does Allen stand for?​

 

  • Forging a new social and economic contract with the American people.
  • Investing in shared prosperity that helps the middle class.
  • Small business stimulation including smart legislation.
  • Promoting workers’ rights.

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