• Big Support for Small Businesses

    As a small business owner in Albuquerque, I know a little something about what it takes to make it in this economy. As a politician, I know the power of spin. And as a mother, I know just how wrong it is to fib to get what you want.

    We’ve all seen what Mitt Romney is willing to say to defeat President Obama.

    But I'm a small business owner, and I know that the President's policies have helped businesses like mine.

    Mitt Romney isn't being fully honest with the American public about the President's small business record… or about Mr. Romney's own lackluster leadership as governor of Massachusetts.

    These are the facts:

    • When President Obama took office, more small businesses were closing their doors than opening them. But the President and his policies helped reverse that trend. Twenty thousand new small businesses opened their doors during Barack Obama's first few years in office.
    • During Mitt Romney's time as Governor of Massachusetts, that state lagged well behind the rest of the country in terms of job growth (47th), economic growth (44th), and household income (35th). Small business start-ups in the state declined. And the Romney Administration turned in its worst numbers right about the time his handlers say Mr. Romney's policies were in full effect.

    No wonder Mitt Romney doesn't want to discuss his time as governor. I wouldn't either.

    President Obama, on the other hand, has demonstrated an ironclad commitment to small business growth and a strong middle class. The President has invested more than $80 billion to help 150,000 small business owners like myself open stores, hire employees and grow our local economies. He invested $2 billion in Small Business Administration funding. And he has significantly increased small business lending.

    As bad as his record is, Governor Romney's plan for the future could be even worse.

    Mitt Romney has pledged to repeal the Affordable Care Act and, with it, the law's tax credits to help small businesses like mine offer health insurance for our employees. He would gut critical investments in infrastructure that all businesses need to grow. Even worse, Governor Romney has endorsed a budget that would slash small business lending by 20%, making it that much harder for entrepreneurs to access credit to get a start-up off the ground.

    President Obama has a better plan. He's called on Congress to pass a 10% income tax credit that could benefit small businesses across America, including nearly 35,000 right here in New Mexico.

    You don't have to be a business owner to see that Governor Romney's plans don't add up. You don't have to be a politician to see that it's politics – not policy – that are driving Governor Romney's attacks. And you don't have to be a mom to understand that even in the no-holds-barred arena of politics, honesty still matters.

    All you have to do is look at the facts… and vote.

    State Senator Linda Lopez represents Albuquerque. She is also the owner and founder of Linda Lopez Consulting.

    To learn more about President Obama's small business policies at http://www.barackobama.com/small-business-owners.

    NM