Biden's small business blunder

 The Lid:

America’s Small Businesses Are In Crisis-Thanks To Biden 
President Biden Promised That Help Was On The Way. Instead, Help Wanted Signs Were On The Way.

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 The big mystery is, where have all the workers gone? There are a record 10.1 million job openings across America, the highest number of available vacancies since the Labor Department began tracking this statistic in 2000 and more than the number of unemployed Americans.

This should be cause for celebration after government-enforced lockdowns caused small businesses to shut down and unemployment skyrocketing. Instead, it’s a flashing warning light that the engine of our economy, Main Street small businesses, is in crisis.

What makes the labor shortage so shocking is its sheer scale.

Consider a recent national survey published by the National Federation of Independent Businesses: “small business labor shortage hit a new record in July.” Nearly half of the small business owners polled said they have unfilled job openings they could not fill.

A staggering “93 percent of those owners hiring or trying to hire reported few or no ‘qualified’ applicants for the positions they were trying to fill in July.” One in four business owners ranked labor shortage as their top business problem.

It should be no surprise that U.S. small business optimism has taken a hit, and owners are less confident about America’s economic recovery.

Fiscal conservatives overwhelmingly blame this crisis on out-of-control spending by Democrats in Washington.

“Government-mandated closures created unprecedented obstacles for small businesses,” said Rick Manning, President of Americans for Limited Government. “Just when they were finally able to catch their breath, policies pushed by the Biden administration, and every Democrat in Congress, created even more hurdlesWork has been disincentivized, and our economic recovery jeopardized.”

Democrats passed a $1.9 trillion “Covid” spending splurge that had almost nothing to do with Covid on a party-line vote in March. President Biden promised that help was on the way. Instead, help-wanted signs were on the way.

Since then, small businesses have had to deal with the predictable consequences of competing for employees against a federal government that can print its own money at taxpayers’ expense.

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If there is a way to screw up a recovery Biden and the Democrats will find it.  They have also been reluctant to fix the problems they caused. 

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