Small Businesses Thriving
John Peterson, owner of a second-generation metal-fabricating business, Schuette Metals, spoke on the second night of the RNC convention. Peterson gave a brief history of his business. He talked about the expansion of the business from a 12-person shop to one employing more than 100 people now.
Peterson talked about how the Obama-Biden administration reduced funding opportunities for small businesses strangling their ability to raise capital to run their business. This occurred through the many additional regulations placed on the banking industry that made lending to small businesses not worth the effort. ...