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Small business confidence drops to all-time low after Biden election
Cnbc.com ^

Posted on 11/30/2020 3:55:46 AM PST by Red in Blue PA

Small business confidence has fallen to an all-time low after the election of former Vice President Joseph Biden, according to the Q4 CNBC|SurveyMonkey Small Business Survey.

With a confidence index reading of 48, Main Street’s outlook is now below where it was during the second quarter of this year (49), when lockdowns across the nation were increasing amid the first wave of Covid-19. That Q2 number had been the all-time low previous to the just-completed survey, conducted Nov. 10 to Nov. 17 among more than 2,200 small business owners nationally, using the SurveyMonkey platform.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: biden; economy

1 posted on 11/30/2020 3:55:46 AM PST by Red in Blue PA
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To: Red in Blue PA

Says everything


2 posted on 11/30/2020 4:03:39 AM PST by Nifster (I see puppy dogs in the clouds)
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To: Red in Blue PA

Don’t worry the eclectic mix of one-of-a-kind restaurants, cafes, boutiques, etc. that make most of America’s downtown areas and older neighborhoods interesting will be giving way to soulless chain stores (i.e., “now all restaurants are Taco Bell”). Soon urbanites will enjoy the cultural wasteland previously known only to families living in newer suburbs in places like Northern Virginia.

Look at the bright side, this will destroy the entrepreneurial middle-class spirit and increase the concentration of wealth in the top 1% of the population. So, congratulations Democrats, this is what you wanted, apparently.


3 posted on 11/30/2020 4:04:24 AM PST by shaven_llama
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To: Red in Blue PA

Already posted: https://freerepublic.com/focus/f-news/3910710/posts


4 posted on 11/30/2020 4:04:34 AM PST by EBH (God Save the Republic. God is in Control. God knows what He is doing. )
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To: Red in Blue PA

do you plan for deflation or hyperinflation


5 posted on 11/30/2020 4:14:40 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: Red in Blue PA

Joe Biden, Self Proclaimed "President Elect", Pretends To Be Busy For a Photo-Op In His Basement "Oral Room"
Designed To Resemble The White House Oval Room.


6 posted on 11/30/2020 4:26:47 AM PST by Vlad The Inhaler ((8th Post From The Bottom)<P>)
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To: Nifster
ALL PART OF THE PLAN



7 posted on 11/30/2020 4:32:34 AM PST by knarf (I say things that are true ..... I have no proof, but they're true.)
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To: Red in Blue PA

Citizenship confidence has dropped as well. Secession is in the air.


8 posted on 11/30/2020 4:46:20 AM PST by Louis Foxwell (THE DEMOCRAT PARTY IS A CRIMINAL CABAL.)
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To: RomanSoldier19

do you plan for deflation or hyperinflation

Everything old is new again. Say hello to stagflation.


9 posted on 11/30/2020 5:08:20 AM PST by Flick Lives (My work's illegal, but at least it's honest. - Capt. Malcolm Reynolds)
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To: Red in Blue PA

And yet, how many people still believe the Democrat party is for the little guy. I am losing all hope for this country. Glad I got to live most of my life as a free man.


10 posted on 11/30/2020 5:13:53 AM PST by Dan in Wichita
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To: Red in Blue PA

That happens when overreaching aholes put 70% of them out of business.


11 posted on 11/30/2020 5:22:04 AM PST by cp124 (Time for a new America.)
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To: Red in Blue PA

I am more surprised it is CNBC that wrote this article. Are they preparing us for the Kamala takeover? Is this the end of Joe?


12 posted on 11/30/2020 5:23:20 AM PST by mouse1
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To: Flick Lives

Forgot that one


13 posted on 11/30/2020 5:26:08 AM PST by RomanSoldier19 (Game over, man! Game over! ; : rem ad triarios redisse is)
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To: Red in Blue PA

The left hates small business.


14 posted on 11/30/2020 5:30:34 AM PST by headstamp 2 (Socialism- Institutionalized Deprivation)
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To: Nifster

Right....he wasn’t elected!!!


15 posted on 11/30/2020 5:41:25 AM PST by SMARTY ("It's easier to fool people than to convince them that they have been fooled." Twain)
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To: mouse1

That’s what I was wondering as well.

After all of this time, why would the media allow a morsel of truth to escape?


16 posted on 11/30/2020 5:46:00 AM PST by Red in Blue PA (You can vote your way into socialism, but you have to shoot your way out.)
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To: headstamp 2

Small business is taking it in the ear while the big guys are cleaning up. Big government is feeding big business. Screw the little guys.


17 posted on 11/30/2020 6:04:06 AM PST by Raceway
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To: Red in Blue PA

Thinking about what to do with my business if we loose the senate. The democrats want to pass the pro union right to organize act bill PRO ACT. The senate is the only foil.
I run a 113 year old family business that is all labor and I will shut it down before being organized. I have what I need for my family to survive for a couple of generations. Covid has really caused us to have a lot of red ink and consider what to do going forward. I see a nation of big business without multi-generation family businesses.

Very sad time for America.


18 posted on 12/02/2020 5:56:24 AM PST by ncfool (Joe Biden USSA.. United Socialist state of aMeriKa...... 11.3.2020 - President in waiting Kama-la-la)
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