Slide 19 of 26
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Slide 19 of 26 |
This job creation strategy has been so successful that President Clinton has proposed creating a private investment corporation to provide equity for new generation agriculture cooperatives. The federal government will provide $150 million that will be matched by cooperative banks in the US. In addition, the Federal Government would provide $500 million in investment guarantees to the corporation.
US consumers and agricultural producers are finding new value from their cooperatives. The same is true for small business owners in the US as they are faced with the same global economic pressures and concentration of wealth as consumers and producers.
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