It strikes me that you may also be referring to the quote
from President Calvin Coolidge in the 1920s:
"After all, the chief business of the American
people is business."
Coolidge
was a very pro-business President and a advocate for little if any regulation on
business activities.
In the modern sense, that quote has
been used again and again to describe the modern supereconomy of the United States as
being based on capitalism, and on small businesses in particular. The suggestion that,
today as well as in Coolidge's time, business should be free from constraint so as to
promote economic growth and job creation is a very common one, especially in time of
recession.
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