Biden’s anti-business White House will push us into recession

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
107,973
62,538
1
Democrats hate small business. HATE it. To them, government spending is preferred. Central planning....

https://thehill.com/opinion/finance...ness-white-house-will-push-us-into-recession/

America’s CEOs are in the dumps. According to a new Conference Board survey, CEO sentiment has plunged to 34, down from 42 in the second quarter and 57 in the first three months of the year.

Early in Joe Biden’s presidency, when businesses were still celebrating the exit of the unpredictable Donald Trump, COVID-19 seemed to be waning and before Democrats’ spending spree unleashed widespread inflation, the index hit an all-time high of 82.

The recent reading is approaching the extreme pessimism that characterized the Great Recession in 2008-2009, when Barack Obama was in the White House.

Who can blame our business leaders? The economy is weakening, the Federal Reserve is raising interest rates and ideologues in the Biden White House are pummeling our nation’s industries, changing the rules and picking winners and losers. Oh — and also raising taxes.

As our country hovers on the brink of recession, the last thing we need is a White House undermining business confidence, but that’s what we have............

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The facts support it. NFIB small business confidence under Biden............. I should have started at the 102.5. That would have made the trend line a hell of a lot steeper.

united-states-nfib-business-optimism-index.png
 

LionDeNittany

Well-Known Member
May 29, 2001
46,493
21,736
1
DFW, TX
Democrats hate small business. HATE it. To them, government spending is preferred. Central planning....

https://thehill.com/opinion/finance...ness-white-house-will-push-us-into-recession/

America’s CEOs are in the dumps. According to a new Conference Board survey, CEO sentiment has plunged to 34, down from 42 in the second quarter and 57 in the first three months of the year.

Early in Joe Biden’s presidency, when businesses were still celebrating the exit of the unpredictable Donald Trump, COVID-19 seemed to be waning and before Democrats’ spending spree unleashed widespread inflation, the index hit an all-time high of 82.

The recent reading is approaching the extreme pessimism that characterized the Great Recession in 2008-2009, when Barack Obama was in the White House.

Who can blame our business leaders? The economy is weakening, the Federal Reserve is raising interest rates and ideologues in the Biden White House are pummeling our nation’s industries, changing the rules and picking winners and losers. Oh — and also raising taxes.


As our country hovers on the brink of recession, the last thing we need is a White House undermining business confidence, but that’s what we have............

--------------------------------------------------------------


The facts support it. NFIB small business confidence under Biden............. I should have started at the 102.5. That would have made the trend line a hell of a lot steeper.

united-states-nfib-business-optimism-index.png

We are already in a recession. It will get worse
 
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