More than 60% of U.S. production comes from small business (annual gross sales under $5 million). Nearly 80% of industrial labor is employed in small plants (with less than 1,000 on their payrolls). Last week an executive of one such concern went into print with the charge that this vital segment of the U.S. industrial economy was being squeezed to death. In an article in The Atlantic Monthly, building-insulation maker Robert E. Outman said:
"While the labor leaders, industrial giants, and various Federal agencies jockey for top spots in the new era of pushbutton prosperity, the small manufacturers cannot even...
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