Bob Coleman
speaker
955 appearances
2 recordings
1 series
first heard Jan 2012
last heard Mar 2012
Bob Coleman’s voice in public audio — every appearance, attributed to the second.
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Appearances
I'm not talking the yogurt shop that's in and out in nine months.
And my observation was if we had a General Motors plant and it was closing, everyone would be screaming from the mayor to the unions to whatever, but no one was
saying that about what was happening on Main Street.
And, Paul, 65% of our jobs in the American economy are created by Main Street small business.
And you could see we were going into the recession and things were going downhill, and it was very clearly impacted by what was going on on Main Street.
So the motivation for me on that was to say, hey, guys, yeah, we need to take care of Wall Street.
Again, here I am, the bank apologists.
We have to do TARP.
We have to do that.
But if we're going to do that, that's fine.
But let's also make sure that we take care of Main Street and we give them the capital and we give them the support so they can get through this two years without destroying family businesses, family legacies, and family wealth.
Yeah, and that's unfortunate and
You could say that simply the small business don't have the access to the K Street lobbyists.
When that corner liquor store goes out of business and there's five jobs, it doesn't register.
When seven jobs are lost here, when three jobs are lost here, it doesn't register.
It's very small.
Unfortunately, it's a tragedy in that it is way down on the priorities, but
And individually, you're right, three jobs here, five jobs there.
It's not going to impact the economy.
But when it's multiplied and it's repeated hundreds of thousands of times, then that creates a crisis.
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