To grow the economy, grow small businesses: Bloomberg & Buffett

Meeting small business capital, technology and labor needs and relieving their regulatory burden could drive new boom. The economy has experienced 75 straight months — more than six years — of private sector job growth. Yet some areas still have not recovered all the jobs lost during the recession, and nationally, under-employment exceeds pre-recession levels. How can we increase the speed of job creation?

A critical part of the answer lies with America’s small businesses, which create over 60% of net new private-sector jobs and employ nearly half of America’s...