On March 18, 1983, President Reagan signed his administration's Second Annual Report on Small Business in the East Room of the White House. Before signing, he delivered a speech on the current state of small business, and his future goals for American entrepreneurs to continue in their successes, which would mean success for all Americans. The President's actions underscore his commitment to the backbone of the economy — small businesses.

00:26 – President Reagan and Vice President Bush enter
00:57 – President Reagan begins his remarks
01:18 – Sending Congress their second annual report on small business
02:45 – Small businesses carry on a tradition we've had since the start of our country
03:40 – The economic recovery program was designed to help small businesses flourish
05:47 – The third year of the tax cut will further benefit small businesses and families
06:45 – Improving the way the government does business
08:28 – America is taking its first cautious steps toward recovery, but it will fail if we don't stay the course
09:18 – Theodore Roosevelt on small business
10:24 – President Reagan concludes his speech and signs the report on small business
11:07 – President Reagan finishes signing and exits the room with Vice President Bush

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