Family owned firms account for 89% of all businesses in the United States.
Family owned businesses employ 59% of the working population.
They are responsible for 64% of the U.S.’s Gross Domestic Product.
Family owned firms created 86 % of all of the new jobs over the last decade.
So when you look at the people invited to help shape our nation’s job recovery policy, you’d expect to see a significant number of – say- owners of family owned businesses, entrepreneurs, and small to medium enterprises. Right?
So who was invited to attend this job summit to share their ‘experience’ with job creation?
American Federation of Teachers Union President Randy Weingarten. His union gave the Obama campaign $1,997,735 back in October 2008. No idea how many jobs his organization has ‘created.’
Secretary- Treasurer of the Service Employees International Union Political Action Committee, Anna Burger, was invited. According to federal election records, that committee gave $29,442,016 to the Obama campaign between February 2008 and September 2009.
Several other union officials were invited as well, including Leo Gerard of the Steelworkers union. How many jobs have they created? Steelworkers are a minority in their own union.
A couple of Hollywood types as well as some green lobby spokespeople.
We understand the inclusion of officials from big companies like Boeing, Disney and Comcast. (Actually, we’ll be watching to see how many workers are laid off after the Comcast merger closes…)
And we understand the inclusion of academics, and economists, for sake of assuring a rich and constructive dialog.
But who did the Obama Job Summit ignore?
Family firms. Small to medium entrepreneurs in manufacturing. People like us. People with ‘experience’ creating jobs. Experience creating opportunities for employment.
We’re the people that make things.
We’re family firms,-not to be ignored.
Except we are being ignored.
We don’t have a seat at the table. Why?
Is it because
- Family owned firms account for 89% of all businesses in the United States.
- Family owned businesses employ 59% of the working population.
- They are responsible for 64% of the U.S.’s Gross Domestic Product.
- Family owned firms created 86 % of all of the new jobs over the last decade.