This week, I was in Pittsburgh, Pennsylvania to discuss how we will strengthen our economy and chart a new way forward. There’s an old saying that the best way to predict the future is to invent it. That is the story of the Steel City. A city that helped build the middle class, birth America’s labor movement, and empower the rise of American manufacturing and innovation.
We have an extraordinary opportunity at this moment. An opportunity to make our middle class the engine of America's prosperity; to build a stronger economy where everyone, everywhere, has a chance to pursue their dreams and aspirations; and for the United States of America to continue to out-innovate and out-compete the world.
That is why I created our Opportunity Economy Agenda. It would increase the tax deduction for startups by ten times to $50,000—because no one can start a business on $5,000. We have set an ambitious goal of 25 million new small business applications by the end of the first term, and we will ...