The ‘downstream’ delusion: Here’s who really powers corporate America

Published August 27, 2026 8:00am ET



Big companies can start America’s next growth cycle, but small businesses determine its trajectory and magnify its impact. That requires a fundamental change in how America thinks about investment. A new factory, power plant, or infrastructure project should not be viewed as a stand-alone achievement. It should become the center of a wider growth platform that creates new suppliers, new businesses, new careers, stronger communities, and additional consumer demand.

The size of an investment tells America where growth begins. Its trajectory tells us how far that growth can travel.

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