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Equal opportunity is key to economic growth: Fmr. Biden official

DeFi Daily News by DeFi Daily News
January 22, 2025
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Equal opportunity is key to economic growth: Fmr. Biden official
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What does it take to succeed as a small business owner in today’s economy? According to former Biden administration official Jonathan Lovitz, it’s not just about surviving but ensuring everyone has an equal opportunity to thrive.
Lovitz advocates for policies that lift all boats, especially those of marginalized entrepreneurs. In this episode of Living Not So Fabulously, Lovitz spoke with hosts David and John Auten-Schneider about how supporting diverse communities, particularly LGBTQ business owners, is key to building a stronger, more resilient economy for everyone.
Lovitz underscored the importance of access to capital, opportunity, and growth for small businesses, regardless of background. He emphasized that inclusive “place-based” economic strategies empower entrepreneurs to succeed within their communities. “When one of us rises, we all rise,” he said, highlighting the collective power of diverse business owners who contribute nearly $2 trillion annually to the US economy.
Listen on your favorite podcast platform or watch on our website for full episodes of Living Not So Fabulously.
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Tags: BidenBondsbusinessCurrenciesEconomicEqualEquitiesFmrFXGrowthInvestingInvestmentKeyLGBTQMarketMarketsMoneyNewsNYSEofficialOpportunityPersonal FinancePoliticsSavingsStock marketstocksYahoo FinanceYahoo FInance Premium
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