3. MICROENTERPRISE AND ENTREPRENEURISM DRIVE INNOVATION

The CRNC found that “young people are incredibly eager to be entrepreneurs and to start their own businesses. Some 45% in the August 2012 XG study, including 58% of black and 64% of Hispanic respondents, said they hoped to start their own business one day. As one participant in a focus group of young aspiring entrepreneurs in Orlando, FL put it: ‘We should really try to find out, what barriers do people have towards being successful and of being hardworking, educating themselves, and trying to improve the economy and so on, and work on maybe reducing the obstacles there.’”

Yet the GOP consistently fumbles opportunities to highlight its support of today’s entrepreneurism. During October of the 2012 campaign, the Romney campaign declined an offer by MTV to interview both presidential candidates on air. President Obama agreed, and was asked to address the concerns of young people who aspire to be the “next Mark Zuckerberg” by explaining what he would do to make it easier for young people to start their own business.

“The president’s response was masterful,” CRNC reported. “He remarked on how he had worked to remove financial regulations that prohibited small investors from contributing money online, unleashing the ability of crowdfunding sites like Kickstarter to help young entrepreneurs raise capital. The legislation Obama is referring to in this response is the JOBS, or Jump Start Our Business Startups Act, a bill passed in Congress with wide bipartisan support including the vocal backing of Republican House Majority Leader Eric Cantor.

It offered the perfect example of a policy targeted at enabling entrepreneurship, removing barriers to opportunity, and actually repealing harmful, stifling government regulation. Best yet, it was something positive – something to stand for rather than simply an Obama policy to stand against. It is examples like this of policies that align perfectly with conservative principles, that actually pull back the obstacles created by government and unleash the power of small business, that must be at the heart of an economic agenda that can appeal to young voters.”