Inflation is killing small businesses. Between the draconian lock-downs of the ridiculous response to the government-made pandemic and then to the inflation costs of installing Joe Biden, it has been a rough few years.
1 posted on
06/10/2024 1:43:12 PM PDT by
CFW
To: CFW
Why would anyone want to own or invest in a business right now with all the ..........................
2 posted on
06/10/2024 1:49:50 PM PDT by
PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
To: CFW
For us the free COVID cash was a boom. People buying cars from our car lot and parts for their projects from our junk yard.
Then when the money ran out and Biden assumed office it turned in to a bust
Every month we barely scrape by now. The cash we set aside during the boom is long gone. Holding out hope they let trump win.
To: CFW
We're probably in the early months of a recession. Multiple employment-based inflation indicators are flashing red. The most famous is the Sahm Rule, which hasn't been triggered yet. It's at .37, and the trigger is official at .50. The thing is that historically since the early 50s, .37 and .50 have the same record of calling recessions.
.37 is usually just usually 1-2 months earlier than .50.
To: CFW
Manufacturing is in deep recession.
7 posted on
06/10/2024 2:35:36 PM PDT by
cp124
(Bring back the Constitution.)
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