Imagine if you had to pay twice as much for the same items in your local grocery store overnight. That's essentially what’s happening to many American entrepreneurs under the Biden administration's policies.
The official story goes that inflation is temporary, a side effect of reopening after pandemic lockdowns. But digging deeper reveals that it’s more than just supply chain disruptions and higher demand; it's also about government actions that have sent prices soaring.
Entrepreneurs across the country are feeling this pinch sharply. Rent for their storefronts, costs of supplies, wages for employees—everything is up, often by 50% or more. It’s not just harder to keep the doors open; it’s nearly impossible to expand or even stay competitive.
Think about it like your household budget: if all your expenses suddenly doubled but you couldn’t earn twice as much money, what would happen? You’d either cut back drastically or go into serious debt. Many small business owners are now facing a similar dilemma.
This isn't just a challenge for current entrepreneurs; it's a generational crisis. Young people looking to start their own businesses find the barriers higher than ever before. Imagine trying to open your first shop with twice the costs and half the chance of success compared to ten years ago.
My late husband always said, "When you see smoke, look for the fire." It's time we stop accepting platitudes about inflation being a short-term issue and demand real action from our leaders. Otherwise, this isn't just going to hurt small businesses—it’s going to hurt us all.
I stayed up last night thinking about what this means for my grandson who dreams of owning his own bakery someday. What if he can't even afford to buy the ingredients?




