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Taking Charge

Should government help entrepreneurs create jobs, or just get out of their way?

This story appears in the June 2004 issue of Entrepreneur. Subscribe »

Over the past year, the economy has surged ahead, posting some of its strongest growth rates in years. Most recently, Federal Reserve Chairman Alan Greenspan has cited a gradually improving labor market. Indeed, the "jobless recovery" has become a hot issue in the presidential campaign and a cause of worry for business owners and staff alike. Now some in Congress have begun to ask how government can stimulate a hiring boom.

Congresswoman Nydia Velázquez and Congressman Rick Renzi see drastically different ways in which Congress can help. Velázquez (D-NY) is the ranking minority member on the House Small Business Committee; Renzi (R-AZ) founded three small businesses before entering Congress and takes a major interest in entrepreneurs' issues. The two don't agree on much politically. But they share one characteristic: They both care about small business, and they don't back away from hot issues relevant to entrepreneurs.

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