Investment in entrepreneurs is the unexplored path to healing our economy. They are the life blood of our future economy: hiring neighbors, building community, modeling self-sufficiency.
The vast majority of American corporations consist of 10 or fewer employees. At the end of the day they take home little to feed their families and are heavily taxed. They don’t get to send out letters pleading for tax-deductible donations.
Yet most colleges educate students to disdain business, and to look for salvation in a redistribution of wealth that is fiscal entropy, stimulating no productivity or real jobs. College students graduate without taking a single course in how to start your own business, which most professors wouldn’t know how to teach. Colleges could surely promote an ethic of social compassion without demonizing business.
Stimulating the economy through entrepreneurship is the missing ingredient in our political vision. Right here in Olympia we have a model to follow. Enterprise for Equity trains the poorest citizens, many who have been homeless, in starting their own business. Many graduates became successful entrepreneurs.