As US President Joe Biden seeks to secure a second term in office in next year’s election. By raising economic policies that seem to be his red ribbon. But in the eyes of American entrepreneurs, inflation is still questionable. and consumer behavior after the outbreak of COVID-19 That inevitably affects their business.
President Joe Biden’s task force has highlighted its strength. of the US economy went recently But some small business owners are skeptical.
President Biden has visited several states to promote economic plans. along with emphasizing success government under his administration as well as creating over 13 million new jobs since he was elected as national leader.
President Biden said “Inflation is now at its lowest point in more than two years. and wages have increased. after adjusting for inflation.” But the small businesses in the Cleveland Park area of washington have to strive for to draw front to back each month
Martha Bustos, manager of Tex-Mex Laredo restaurant, said the current cost of food is too high and that the restaurant is trying to keep prices the same. but had to raise wages for employees which in the end The merchants sell hardly any profits.
Liz Winchell, owner of a pottery studio in central Washington, said: She doesn’t see any economic development under the Biden administration, and says the issue of rent and wages. It’s something that can’t be controlled.
On the other hand, Anthony Quinn, a liquor store manager, although fully supportive of President Biden’s economic policies. But he admits that his business is also in trouble. He believes the reason for this is Climate change and pandemics That caused his business to lose about 80-90% compared to before the COVID epidemic.
Jay Morris, owner of Brothers Sew & Vac, sells and repairs vacuum cleaners. and the sewing machine said Now less and less people come to the shop. which he believes is caused by behavior People’s consumption has changed. In addition, things have become more expensive. causing people to spend followed with more caution
However, people will pay attention to this issue. Well, when voting in the upcoming 2024 US presidential election.
Morris said about the next election that He wants a president who is fair to all parties.
Quinn, owner of a liquor store in Washington, said: He will vote for President Biden again because he is a leader who helps people to have a living.
While Bustos said: “Wish you the best winner. And we’ll also vote for the one we think is the best. or to put it another way, Must be an applicant supporting a small business “fully”
source: VOA
#economy #indicators #presidential #election
2023-08-17 20:55:53
