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Friday, October 11, 2013

UPDATED: Former Secretary of State candidate offers practical economic development ideas

Pacheco has two no-cost, pro-small business ideas

UPDATE: Unfortunately, Ed announced this afternoon that he is pulling out of the race. Click here.

Ed Pacheco, Democratic candidate for Secretary of State, outlined some of his no-cost ideas for growing businesses in our state at a meeting of the Rhode Island Progressive Democrats.

One is to establish a list of micro-lenders that will be able to advance promising businesses the money they need to get started, as is currently the case in New York. The other is to work out a public option so that people looking to retire from their successful, established businesses will be able to sell their business to their employees.

“We’re not only saving jobs, we’re keeping that business open,” said Pacheco, “and that would be at no cost to the taxpayers.”

Keep going to see the video.





Steve Ahlquist is a writer, artist and current president of the Humanists of Rhode Island, a non-profit group dedicated to reason, compassion, optimism and action. He also maintains the blog Caution Church Ahead, where he writes on the intersection of religion and politics. The views expressed are his own not necessarily those of any organization of which he is a member.