Trump and Harris Face Off on Small Business Issues in High-Stakes Debate Urged by Goldman Sachs Billboard Campaign..
Goldman Sachs is urging a focus on small business issues during the presidential debate between Donald Trump and Kamala Harris on September 10. The banking giant has launched a billboard campaign in Times Square to highlight the importance of small business policies in the upcoming debate.
The billboards are part of Goldman Sachs’ 10,000 Small Businesses initiative, which aims to bring attention to the challenges small business owners face. Jessica Johnson-Cope, a representative from Goldman Sachs, emphasized that candidates need to address these critical issues.
Key takeaways:
- Goldman Sachs launched a billboard campaign in Times Square.
- The campaign aims to highlight small business issues in the debate.
- Small businesses contribute significantly to the U.S. economy.
- Goldman Sachs has proposed key questions for the candidates.
Goldman Sachs Pushes for Small Business Focus in Upcoming Presidential Debate
With the presidential debate approaching, Goldman Sachs is making a strong case for small businesses to be a central topic. Their billboard campaign is strategically placed near ABC’s headquarters, where the debate will occur. This initiative is part of their 10,000 Small Businesses program, which aims to support local entrepreneurs. Jessica Johnson-Cope, from Goldman Sachs, pointed out that small business concerns are often overshadowed in political discussions.
Key Issues Small Businesses Want Addressed During the Debate
The billboard campaign includes a memo sent to ABC, outlining critical questions that local business owners want the candidates to answer. These questions focus on various topics that impact small businesses, including:
- How candidates plan to support small businesses amidst inflation.
- Access to affordable loans and credit for growth.
- Workforce training and development initiatives.
- Adoption of technology like artificial intelligence in small businesses.
Importance of Small Businesses in the U.S. Economy
Small businesses play a crucial role in the U.S. economy, accounting for 44% of the GDP and employing nearly half of the American workforce. Despite their significant contributions, small business owners often feel neglected in political discussions. The recent survey by Goldman Sachs revealed that 55% of local business owners are dissatisfied with how candidates address their concerns.
Goldman Sachs’ 10,000 Small Businesses Initiative
Launched in 2009, Goldman Sachs’ 10,000 Small Businesses initiative aims to provide support to local entrepreneurs through educational programs, mentorship, and access to capital. The program has invested over $200 million to help small business owners thrive. This initiative highlights the bank’s commitment to fostering economic growth and supporting the backbone of the American economy.