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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"You passed legislation that gives people a chance," business owner Juan Vargas told Pres. Biden
Ben LaBolt @WHCommsDirInc. Magazine on @POTUS meeting with small business owners reaping the benefits of this administration's small business boom:
https://www.inc.com/melissa-angell/biden-underscores-small-business-tour-as-new-hampshire-primaries-kick-off.html
A video shot last week during a tour of three small businesses in eastern Pennsylvania, launched Tuesday on the White House's YouTube channel, with a decidely upbeat tone. The theme may well be: We couldn't have done it without Joe.
The goal of the video and Biden's small business tour, according to the administration, is to showcase Allentown's comeback. The city has a 3.9 percent unemployment rate--the lowest in the last two decades. Allentown factories were once a staple for the U.S. iron and steel industry, with some even purportedly churning out building materials for the White House's construction.
"You passed legislation that gives people a chance," Juan Vargas told Biden in a video released Tuesday morning. "Your legislation gave us a chance to open this business."
The couple secured two loans that allowed them to start their business: They received a $229,000 loan directly from the American Rescue Plan Act--the $1.9 trillion law that earmarked billions for small businesses in emergency aid--and another $85,000 from the Small Business Administration's signature 7(a) lending program.
Armed with those two loans, and some savings they drew from their retirement account, the couple opened their first location in Allentown, Pennsylvania in February 2022. The founders opened their second location, in Emmaus, less than six months later.
"I just came away from this really assured that what we've done has had an impact, not just here in Pennsylvania, but throughout the country," Biden said in the video. "There's a real genuine sense of optimism and we're going to do more."
watch:
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"You passed legislation that gives people a chance," business owner Juan Vargas told Pres. Biden (Original Post)
bigtree
Jan 2024
OP
Fiendish Thingy
(23,229 posts)1. Keep it up Joe!
These personal chats with everyday working Americans are an excellent strategy- hope to see many more!
bigtree
(94,261 posts)2. they're not as sensational as another negative poll
...or WSJ interviews with disgruntled voters in Michigan.
But they have their own zing.
marble falls
(71,919 posts)3. Tell Joe and then tell every body! The last time TFG had any conversation with a Latino was when he ordered a ...
... third Diet Coke at Marabargo.
bigtree
(94,261 posts)4. was kinda hoping DU would do their part
...to promote this (like it was a bad poll).