A Measly 1 in 4 Small Business Approve of Biden's Economy
Some even say it is time the Biden administration takes blame...
The United State’s economic conditions and the route which the Biden administration is taking to fix it have left citizens with a bitter taste. Not only are citizens hating the economic conditions alone, but the citizens actually back the idea of a domestic fossil fuel infrastructure.
27% of small business owners agreed the economy was in “good” or “excellent” condition according to a poll released today by a Job Creators Network Foundation. The poll began a year ago and provides figures which represent the lowest economic outlook among small business owners since that time. The findings also show that businesses that employed fewer than 20 workers have shown the most negative economic outlook.
“While the Biden administration is touting a ‘small business boom’ and misdirecting the public, our polling shows without a doubt that Main Street is suffering. Small businesses are having a difficult time grappling with persistently high inflation, disruptive supply chain problems, and labor shortages - not to mention the threat of higher taxes and government red tape. It’s time for the White House to stop playing the blame game and take some responsibility.”
Job Creators Network Foundation president Elaine Parker, Job Creators Network Foundation president, said in a statement.
One of the surprising figures is that 90% of the business owners said the United States should be boosting domestic manufacturing in an effort to decrease foreign reliance on imports. The Job Creators Network Foundation poll also showed that 77% of small business owners support expanding domestic oil and natural gas pipeline infrastructure.
The small businesses claimed this would be the most helpful to create jobs, improve the economy, and address domestic supply chain issues.
57% added that they would need to make operational adjustments soon to stay afloat.
According to the first Job Creators Network Foundation poll released in 2021, 35% of small business owners predicted Biden’s economic and tax policies would help them while 42% claimed they would hurt.
The poll surveyed 500 small businesses from April 5 to April 28 and had a margin of error of 4.4%.