Companies that employ several to a few hundred workers make up 99 percent of business in the United States and account for half of private sector employment.
"So for all that General Electric, Caterpillar or Ford Motor talks about building factories and hiring workers, the $18 trillion United States economy will not truly move until the burghers in Toledo and other parts of the country start to invest and add jobs," The Times reported.
As an example, the Times talked to Louis M. Soltis, who owns a small company that manufactures control panels for large factories and machines. "After four years of not adding to his work force of 22, he has seen orders for panels jump in the last two months and is looking to take on as many as six new workers," the Times reported.
“That guy is a junkyard dog, doing his tweets at 3 a.m. and taking on the news media — I just get strength from him,” Soltis told the Times. “And I have to say, it makes you feel gutsy — ready to step up and start investing again,” Soltis said.
Other small-business operators agreed.
“My gut just feels better,” said Bob Fleisher, president of a local car dealership. “With Obama, you felt it was personal — like he just didn’t want you to make money. Now we have a guy who is cutting regulations and taxes. And when I see my taxes going down every quarter — well, that means I am going to start investing again.”
(Newsmax wire services contributed to this report).