Imagine a household where the cost of groceries doubles overnight, but salaries stay the same. That's what the Biden administration’s economic policies are doing to small businesses across America.

Official statements from Washington claim these measures were necessary to support workers during the pandemic. However, many independent business owners are finding it increasingly difficult to keep their doors open with rising costs and stagnant sales.

The alarming reality is that inflation rates have reached record levels under this administration, making it nearly impossible for small businesses to invest in growth or expansion. My late husband used to say, 'When the government spends more than it earns, we all end up paying.'

Advertisement

Think of it like your household budget: if you're spending money on groceries that would otherwise go towards a new car or home repairs, you’re not moving forward financially. The same applies to small businesses who can't afford to innovate and grow.

This isn’t just about today’s challenges; there are serious implications for younger generations too. How will my grandchildren start their careers in an economy where small business opportunities have been stifled?

I stayed up last night thinking about this, wondering if the American dream of entrepreneurship is slipping away.

Advertisement

Small businesses are often referred to as the backbone of our economy. But when they struggle, so does everyone else. This isn't partisan; it's basic economics that anyone who has run a household understands.

The Obama-era stimulus packages had their own set of challenges and criticisms, but the current situation feels different due to the relentless pace of inflation squeezing profits.

I'm not an economist by trade. I’m just someone who cared deeply about education and community stability. But what I see happening now is worrying — not for myself anymore, but for those coming up behind me.

It’s time we ask tough questions about the choices being made in Washington and how they are affecting our local economies.