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Survey: Nearly half of small businesses say they won’t survive second Biden term
The Center Square ^ | 7/12/24 | Bethany Blankley

Posted on 07/13/2024 2:54:46 AM PDT by CFW

Nearly half of 80,000 small businesses surveyed say they won’t survive the current economic climate, ongoing inflation or another four years of Biden administration policies, according to the survey conducted by RedBalloon and Public Square.

Their May Freedom Economy Index found that small businesses “remain in survival mode,” with 40% delaying paying bills to manage cash flow and 70 percent putting staffing plans on hold, neither hiring nor reducing staff, “the highest reading … over the past year,” the report states.

Among those surveyed, 64% said the U.S. is headed toward stagflation, when inflation continues to climb and the economic rate slows.

[snip]

The survey queried 80,000 small businesses with fewer than 500 employees nationwide, including those in the retail, hospitality, service and restaurant industries.

"It’s been a difficult 3 years for America’s small businesses,” PublicSquare’s CEO Michael Seifert said. “While many inside the Beltway may feel like things are good, that isn’t translating to Main Street America – the frontlines of our small business economy.”

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


TOPICS: Business/Economy; Culture/Society; Politics/Elections
KEYWORDS: america2008; bankruptcy; biden; bidensfault; business; elections; jillsfault; obamasfault
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To: CFW
ehh, what's another few thousand regulations...
21 posted on 07/13/2024 5:18:03 AM PDT by chief lee runamok ( Le Flâneur @Large)
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To: catnipman

The most successful small businesses in my area are sole proprietorships that employ only family members.


22 posted on 07/13/2024 5:26:43 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
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To: RoosterRedux

Well past time to repeal the 17th Amendment and eliminate the Senior Executive Service


23 posted on 07/13/2024 5:43:52 AM PDT by Article10 (Roger That)
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To: God luvs America

Atlas is shrugging.


24 posted on 07/13/2024 5:44:21 AM PDT by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)
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To: CFW

All part of Obama’s OUR Democracy plan.


25 posted on 07/13/2024 5:46:01 AM PDT by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: quantim

Ask why..

The 17th amendment gave the party bosses and the lobbyist control over who is in the Senate and the House. They fund the winners, and financially cut off the losers. We the voters and taxpayers really have no choice. It’s time to repeal the 17th Amendment.


26 posted on 07/13/2024 5:47:09 AM PDT by Article10 (Roger That)
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To: Sirius Lee

Just follow the money...


27 posted on 07/13/2024 5:48:10 AM PDT by Article10 (Roger That)
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To: CFW

Marxists and Democrats despise the middle class. Coincidence?


28 posted on 07/13/2024 5:49:31 AM PDT by Spok
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To: CFW

That’s exactly what the Deep State and the Biden Regime want to happen!


29 posted on 07/13/2024 5:58:42 AM PDT by fortes fortuna juvat (Biden left our troops to die in Afghanistan and our military equipment to our enemy. Never forget.)
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To: CFW

Yikes! I believe though.


30 posted on 07/13/2024 5:59:20 AM PDT by FlingWingFlyer (If President Trump loses, ALL AMERICANS LOSE. Vote like your life depends upon it. Because it does.)
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To: pepsionice

What impact on business would you assign to Al Gore’s internet invention?


31 posted on 07/13/2024 6:43:06 AM PDT by ealgeone
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To: Sirius Lee

Mr FF is still part of the corporate world, and he says everything is frozen right now. No new business in the pipeline and current customers are squeezing to keep every dollar they have. Hiring is frozen, and no travel unless it’s approved by the higher management.


32 posted on 07/13/2024 6:53:11 AM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TPetty)
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To: ABStrauss

These four years will be the absolute worse in our history, yet the moronic American voters and cheaters will frenziedly cast votes for the moronic pedophile and traitor.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
If Trump is not the next POTUS the collapse of our country and possibly a catastrophic attack by China, Russia and their allies should come as no surprise to anyone. However, if he is able to win despite widespread election fraud but is unable to wrest control of the government from the Deep State, the collapse and possible attack by foreign enemies may happen anyway. Enjoy your day folks!


33 posted on 07/13/2024 7:04:22 AM PDT by fortes fortuna juvat (Biden left our troops to die in Afghanistan and our military equipment to our enemy. Never forget.)
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To: CFW

Then they had better redouble their efforts to prevent a second term and help downstream Trump supporters.


34 posted on 07/13/2024 7:10:33 AM PDT by Socon-Econ (adi)
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To: fortes fortuna juvat

A ray of sunshine in the midst of an otherwise gloomy zombie presidency.

If we didn’t have DJT we’d need a strong RW general. But where is our Franco, Pinochet or Fujimura? Unfortunately, we have political asshats!

General Trump: CHARGE!


35 posted on 07/13/2024 7:26:56 AM PDT by ABStrauss (I miss Rlush!)
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To: CFW

Crazy thought but sell needs rather than wants.


36 posted on 07/13/2024 8:08:52 AM PDT by bgill
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To: God luvs America

Proves my previous post about selling needs rather than wants. A neighbor died recently and there wasn’t one floral arrangement or plant sent and just one sympathy card.


37 posted on 07/13/2024 8:15:34 AM PDT by bgill
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To: Alberta's Child

Apparently those family run businesses are so filthy rich they can’t be bothered to call potential customers back or show up when they’re scheduled to do a job. I’ve called 4 companies in over a week and can’t get anyone to show up.

Too many companies are losing business because of AI and those stupid never working correctly answering devices. Customer service is out the window. A human who picks up the phone works wonders and when they can fix the customers problem (yeah, that’s a rarity) the company gains a customer for life.


38 posted on 07/13/2024 8:25:30 AM PDT by bgill
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