Small businesses are the lifeblood of the American economy. They employ the majority of the country’s employees and are part of the character of their community. However, small businesses are becoming endangered, as evidenced by the growing number of closings. There are many reasons for the trend, and most are the product of Left Wing policies. The Democrats have all but declared war on small businesses.
Portland, Maine, has become a mecca for restaurants and is a destination for fans of dining and drinking north of Boston. Portland is an example of a national dilemma. These restaurants employ dozens of people, from waitpeople and kitchen staff to chefs and bartenders. The success of Portland has bred its own issues. There is a tremendous housing shortage in Portland, as in most cities in the country, which is driving up housing costs, making it prohibitive for employees to live near their jobs. This is one of the factors in the worker shortage that is plaguing all business sectors in America. Not enough people are willing to work to fuel the economy that desperately needs to grow.
The boom that we saw in the last five to ten years is starting to show signs of reversing. In the last month, at least six restaurants in Portland have closed their doors or announced closings. Just today, 7-11 announced it would be closing 400 locations. 7-11 operates over 9,000 stores in the U.S., but that is down from nearly 13,000 in 2023. There does not appear to be a day that goes by without some national company announcing closings. It is discouraging and perplexing as simultaneously with these announcements, the stock markets hit new high marks. It is also difficult to rely on government statistics as every job, unemployment, or inflation number published gets adjusted negatively the following week.
One of the most significant new policies putting a stranglehold on small business profits is skyrocketing minimum wage. In most cases, you are looking at the high side of $20 for unskilled entry-level personnel. The minimum wage began as a protection for young people starting their first job. Now, Democrats want the minimum wage to be a living wage. What must a head chef or bartender expect for an hourly rate if you pay $23/hour for the person washing the glasses? Democrats do not understand basic business practices and certainly do not comprehend what the minimum wage restructuring has done for owners who may still be recovering from COVID-19 and are also trying to absorb the hit from inflationary cost increases. […]
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The Best Thing for America Would Be a Donald Trump Blowout
by The Federalist
If Democrats had their way, Donald Trump wouldn’t be anywhere near the presidency again. So wrote MSNBC’s Hayes Brown on the eve of the 2024 election’s final day. But Trump is near the presidency — perhaps by decisive margins — and Democrats are apoplectic. The “biggest contributor to the unease…
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by Rumble Video
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by Dallas Express
Strive Enterprises, co-founded by former Republican presidential candidate Vivek Ramaswamy, is slated to move its headquarters to Dallas. The wealth management firm, launched in 2022, is known for its “non-woke” and anti-ESG exchange-traded funds (EFTs). ESG, which refers to environmental, social, and governance policies, is incorporated into the investment mandates…
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by The Epoch Times
The Federal Reserve’s policy-making arm, the Federal Open Market Committee (FOMC), will likely shift from the aggressive interest rate cut during its September meeting to a moderate cut in its November meeting, to be held on Nov. 6 and Nov. 7. However, the path to lower interest rates remains to…
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by The Post Millennial
The Biden-Harris administration allowed for 10 times the number of illegal immigrants into the US in October as jobs created by the private sector during the same time. This comes as border and economy have two of the top main issues for voters in the election. While businesses only created…
It Was the Night Before the Election, and Everyone Was Freaking Out
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(End of the American Dream)—I have never seen so much doubt, worry, anxiety, fear and panic as we approach a presidential election. All over the country, people are freaking out right now. Democrats are freaking out because the early voting numbers are so dramatically different from 2020. Republicans are freaking…
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by Harold Hutchison, Daily Caller News Foundation
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by Daily Signal
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‘All Government’: JD Vance Spotlights the ‘Kamala Harris Economy in a Nutshell’
by Daily Wire
Sen. JD Vance (R-OH), a venture capitalist-turned-politician who is now the running mate of former President Donald Trump, argued this weekend that the U.S. economy under their rival in the 2024 White House race, Vice President Kamala Harris, is defined by a growing number of government jobs while the private…
Final Reminder of the Three Issues Driving This Election
by JD Rucker
(Substack)—In case you hadn’t noticed, tensions are high. Americans are at each other’s throats — sometimes literally — as we approach the finale of the most insane election cycle in history. The sitting President ended his bid for a second term. His opponent was charged with dozens of made up…
If Kamala Wins, Prepare for Climate Change Authoritarianism and the Destruction of America’s Economy
by Ethan Huff, Natural News
(Natural News)—When it comes to “green” energy policies, California is often looked at as the model and example for other states. Did you know, though, that California ranks barely above the world average for so-called “fossil fuel” usage, even as it sits on large reserves full of crude oil and natural…
