| Dear John, Small businesses are the lifeblood of every community—particularly small, rural towns. But Bidenomics is making small businesses shut their doors. It’s also making hard for Americans to pursue their dreams by starting a new business. In a survey of 80,000 businesses, 49% of them believe they are unlikely to survive another four years of Biden’s devastating economic policies. In the heart of Las Vegas, Eddie owns a new barbershop. When a friend asked him about the American Dream, Eddie spoke passionately, acknowledging its existence but lamenting the hurdles of new government regulations. "It's tough for small businesses to absorb the costs," he emphasized, worried about the economy’s impact on his shop's finances. “I didn't start this shop for the money," Eddie admitted. "It's about creating something lasting, despite the challenges. It's not easy, but nothing worthwhile ever is." We all have our favorite local barber or mom-and-pop pizza shop. Seeing these beloved businesses, which we’ve supported for years, close down is heartbreaking. But beyond the personal loss, this trend has larger implications for our economy. With fewer businesses opening and more closing, competition decreases, driving up costs for everyone. Katrina Dolan, PA, shares a recent visit to her mechanic. “I had to get new tires on my car. My mechanic asked for the money up front before he could order them. Once they came in, I asked why this was needed. He explained with inflation rates and the failing economy he can afford to keep what he needs on hand to keep going. Oil per quart has risen 70% and oil changes used to be the cheapest way for him to make $10.00. If we do not get leadership that understands what it takes to start a small/local business, there will not be any left.” |