, which found a majority, 57 percent, of small business owners now believe the U.S. economy has entered a recession.
“Meanwhile, a vast majority of small business owners are opposed to a major component of the recently passed ‘Inflation Reduction Act,'” the JCNF said. “Seventy percent of respondents oppose doubling the size of the IRS, which will trigger more audits of Mainstreet.”Small business owners are concerned about profitability. Last month, 71 percent predicted they would be profitable over the next year. That number dropped to 64 percent in August. It’s the lowest number year-to-date.
A majority of small businesses are concerned about crime . That jumps to 85 percent for minority-owned businesses.
Everyone knows we are in a recession. Even if this administration tries to change the definition to save face.
Shut up and take all of my money so I can blame the Democrats for the economy.
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57?
Taxes are not business ideas o should not
Another self-fulfilling prophecy.
Hard to b live.
Meanwhile, in Reality Land: 1. A Twice Impeached, DEFEATED former president stole highly sensitive documents which compromised National Security. 2. A Rogue SCOTUS is stripping away Constitutional Rights. 3.Our Democracy is still under attack from Right-Wing MAGA extremists.
8% inflation
Except its not. Biden appears to have pulled off a soft landing.,
Only 57 percent? We’ve had 2 quarters of negative growth and yes that’s an oxymoron. We’re in a recession
Why are you entertaining the Biden spin. Two consecutive negative growth quarters equals a recession. We have been in one for a while.
Maybe you should ask real economists.
What they believe is neither here nor there. It’s a fact.
We knew we were in a recession. Sorry, we are not as stupid as you think. Our government has only lied to everyone but we are way ahead of them!
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