Survey: Nearly half of small businesses say they won’t survive second Biden term

The Center Square ^ | 7/12/24 | Bethany Blankley

[CFW]

Small businesses are the backbone of our economy. Closures and bankruptcies, which have increased steadily since Biden was installed, continue to rise.

[Beowulf9]

Yep. And he doesn’t want them to.

[Lazamataz]

That’s not a bug.

That’s a feature.

[piytar]

Heck I run a few small businesses and I’m barely surviving the first Biden term.

[RoosterRedux]

Not just small business...the entire country won't survive another Biden term. This is because the Radical Left (i.e., the Marxists like Obama) will consolidate their gains and establish their dictatorship.

In fact, they're already more than halfway there.

[piytar]

Well said. Agree.

[SaveFerris]

[Survey: Nearly half of small businesses say they won’t survive second Biden term]

All according to plan

[pepsionice]

Whatever business model that the bulk of America ran on...probably up to the 1990s...is currently in failure mode today.

You can blame this evolution on NAFTA, banks being run by idiots, Wall Street, ease of mortgages, Chinese commerce, lobbyists, corruption in Congress, and out-of-control spending.

When you go back to 1929...there were so many broken ‘pieces’ existing that neither Hoover or FDR could bring life back into the system. I see the same repeat in history occurring now.

[CFW]

https://www.marketwatch.com/press-release/commercial-chapter-11-filings-increased-70-percent-in-first-half-of-2024-3a9c5c20#:~:text=Total%20bankruptcy%20filings%20were%2040%2C262,same%20period%20a%20year%20ago.

"Commercial Chapter 11 Filings Increased 70 Percent in First Half of 2024"

" The 987 total commercial chapter 11 bankruptcies filed during the first six months of 2024 represented a 70 percent increase over the 582 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S. bankruptcy filing data.

All chapters increased in June 2024 compared to June 2023. Overall commercial filings registered 2,743 for the first half of 2024, representing a 27 percent increase from the commercial filing total of 2,154 for the first half of 2023. Small business filings, captured as subchapter V elections within chapter 11, totaled 306 in the first six months of 2024, a 76 percent increase from the 174 elections during the same period in 2023."

[CFW]

I messed up the link in the above post. Here is the correct link.

Commercial Chapter 11 Filings Increased 70 Percent in First Half of 2024

[GrandJediMasterYoda]

The COUNTRY won’t survive a 2nd Biden term which I like to call a 4th Obama term. The Joe puppet was exposed recently for being nothing more than a shell of a man and now Obama needs a new puppet, and who better than his husband Michael?

If Michael Obama runs, we are effed beyond all that can be effed because no way will Trump beat him. The domestic enemy Marxist media will portray Michael in the same light as Obama as being “The One” “the Messiah”, school children will sing songs of Michael, while Trump will be portrayed as the evil racist white supremacist.

Why even guess? It’s exactly what’s going to happen to keep the USAs first foreign born POTUS in power so he can continue his “Fundemental transformation”

[catnipman]

“Survey: Nearly half of small businesses say they won’t survive second Biden term”

well then, ya’ll and your employees just keep voting for Democrats, ya hear?

[SisterK]

Not just small business...the entire country won't survive another Biden term.

agree
Mad Max/Road Warriors is our future

[hal ogen]

What’s the problem? This is the intent of the DIMs/le.

[ABStrauss]

It’s gruesome to contemplate a second term with these creeps, who are going to finish us all off!
s
These four years will be the absolute worse in our history, yet the moronic American voters and cheaters will frenziedly ccast votes for the moronic pedophile and traitor.

[quantim]

“corruption in Congress, and out-of-control spending”

^^^^ It all comes down to this, ^^^^ the GOPe/uniparty as an extension of the dems/Marxists. To go along to get along has brought us to the point of no return and unpayable debt - and by this proxy all voters collectively did this. Perhaps The Great Collapse will be the probable outcome and the commie WEF is drooling and licking their chops.

[metmom]

Neither will the country.

[God luvs America]

We were recently on a cruise- my wife met a woman who owned a floral shop for years in Long Island...she said business was great under DJT but turned on a dime after Biden took over.

She said rather than fight and sweat it out she just closed her doors.

[dfwgator]

It’s not a Biden term, it makes no difference who the Democrat is, the result would be the same. Joe is a puppet. There’s not a dime’s worth of difference between Joe and Bernie, in terms of policy.

[Sirius Lee]

Not just small business. Friends and acquaintances who are still inside the corporate world tell me of waves operating cost driven layoffs onshore, but plenty of offshore hiring.

Whomever is pulling the strings on the bidenpuppet is succeeding in bringing down America. Fundamentally transforming into a 3rd world country.