A sudden collapse has stunned the White House, but Democrats are especially shocked. Liberals never expected this to happen and they are reeling.
“U.S. small-business optimism unexpectedly slumped in December to a seven-month low as owners grew increasingly concerned about the new economic policy of the incoming Biden administration,” reported Breitbart News.
Breitbart’s John Carney also noted that “renewed restrictions” on businesses by government officials — presumably in deep-blue states such as California and New York — are a contributing factor as well.
The uptick in COVID-19 infections has given rise to restrictions that never worked in the first place, so it is understanding that small businesses across the nation are even more concerned about another round.
As a result, the National Federation of Independent Business (NFIB) has reported that the advocacy organization’s “index of sentiment declined by 5.5 points to 95.9” in December, which is a massive drop from the previous number.
“The result was a sharp decline from last month’s 101.4 and weaker than the median forecast of 102 in Econoday’s survey of economists,” reported Breitbart. Biden must let go of his socialist talking points and show actual leadership.
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