Small businesses across the United States are expressing growing concern that they won’t be able to stay alive financially if Joe Biden wins a second term in the White House. The new Freedom Economic Index survey shows 48.6 percent of small business respondents fear they will not be able to stay afloat under another four years of Biden government policies and tax increases.
Nearly a quarter of respondents said they definitely won’t be able to keep their doors open should Biden win re-election. Meanwhile, 26.2 percent said their business’s financial viability would be unlikely. Stagflation, energy costs, and the continued rise in consumer prices were all major concerns the small business owners said impacted their long-term outlook.