1/3 of all US Small Businesses Can't Pay Next Month's Rent!

Politics
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The Democrats have created the perfect economic storm, high inflation, scarce fuel, open borders, and too much regulation.

1 trillion dollars in vehicle debt is in default.

Credit cards are being used for every day expenses like gas and groceries. Too much overall debt. That will hit a brick wall.

Housing foreclosures en mass is also coming, far greater than 2008.

Still they want to spend, borrow, & print money to make the dollar weaker & inflation higher.

Each one of those are a bubble. They all are about to burst at the same time. Economic Armageddon is what democrats have set in motion. I don’t know if the Republicans get elected, can fix it in time to stop the next great depression…

https://www.bloomberg.com/news/articles/2022-10-10/cathie-wood-warns-of-serious-losses-in-automobile-debt

https://www.bloomberg.com/news/articles/2022-10-10/cathie-wood-warns-of-serious-losses-in-automobile-debt

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Imagine the layoffs & economic trouble just from them going under…

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We have never had world-wide inflation like this. And I have yet to hear what the Republicans plan is if elected. If they win the mid-terms and take back Congress and get inflation down, great. But I’m not holding my breath on this one. Anyone know what the plan is?

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Inflated numbers because they’re including Uber and Lyft drivers as small businesses.

In May, most of the taxi and limo services, Uber and Lyft drivers, and trucking companies were getting by, with just 22% saying they couldn’t pay their rent

But now, a month later, that number has skyrocketed 41% to 63% of SMBs in the transportation industry reporting that they couldn’t afford their rent, as gas prices are too overwhelming for them.

1099 gig workers on poverty time, as usual.

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Fortunately for those small businesses that heavily rely on fuel, Joe Biden has lowered gas prices almost 25% since June, when the poll was taken.

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Well, Democrats CAUSED the world wide inflation.

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That doesn’t explain why everything is so bad. Democrats did this, including the trouble the Uber drivers are having.

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Let’s see…they are presently over $3.70 a gallon, they was around $2 before Democrats took over. The only reason they are a little less right now is Biden selling off the Strategic oil reserve. As soon as the election is over, that will stop as there is no political gain and prices will go back on the rise.

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Oh well, there’s not a Republican in office, so let the libs tell you why this is actually a good (D)eal.

:wink:

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Oh wow, the kiwi is already on their lips. That was instant. :rofl:

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Ok, what specific policies did the Democrats do that caused world wide inflation?
And what is the Republican plan to end US and world wide inflation?

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More likely, you haven’t heard anything you agree with.

image

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Not the case. If you have any plans that have been published, I would appreciate some links.
Thanks.

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So you said. :man_shrugging:

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Elite Dems hate small business because because it makes republicans. Elite dems like giant corps because they can just bribe the owners with beneficial policy and get a kick backs in the form of donations.

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They certainly caused the US inflation ( 90 percent of it anyway) with the 4 major spending for the sake of spending bills loaded with dem pork.

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Some folks are only going to read articles that blame the opposite party. And if you look at the big picture, that is totally unfair. There are many spokes to the wheel on this new inflation.

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And which party dolled out large tax breaks to corporations and the wealthy?

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Yeah… :rofl: :+1: :rofl: :+1: :rofl: :+1: :+1: :+1:

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:rofl: :+1: :rofl: :+1: :rofl: :+1: :rofl: :+1: :+1: :+1: