Reducing the National Debt While Keeping Small Businesses Top of Mind [Commentary]

Self Made: NASE's Blog

Blog With Us

Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

Reducing the National Debt While Keeping Small Businesses Top of Mind [Commentary]

Nov 17, 2011
Posted by Kristie Arslan - As we approach the Thanksgiving holiday season, the Joint Select Committee on Deficit Reduction approaches a looming deadline: by November 23rd, the super committee must provide recommendations to Congress on how to reduce the federal debt by $1.5 trillion. In an open letter, the 22-million self-employed and micro-businesses asked to be kept in mind as the super committee determines which cuts will be made to reduce the debt.

Small business owners and the self-employed appreciate the importance of the task at hand because they must keep their financial books balanced in order to maintain a successful business. Good financial habits are the key to operating a successful business. For those pursing self-employment, there are resources available to help develop and instill the financial habits necessary for getting a business up-and-running.

As the tough decisions are made to balance our books, it is our hope that the super committee will be able to come to a consensus that will alleviate the national debt and work in the favor of one of America's largest economic strongholds -- small businesses. It is essential that our policymakers keep the majority of the small business community in mind as they make important tax economic decisions about the health of our nation -- and do not leave us out in the cold

Providing incentives for the nation's unemployed to go to work for themselves -- and keep them off the unemployment rolls -- will help boost our economy and ultimately reduce the lingering national debt.
This article is cross-posted on the Huffington Post.
The opinions expressed in our published works are those of the author(s) and do not necessarily reflect the opinions of the National Association for the Self-Employed or its members.

Courtesy of