Curated News
By: NewsRamp Editorial Staff
October 24, 2024

Small Business Owners Fear Harris Presidency, Survey Reveals

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Source News Release

TLDR

  • Small business owners fear closing if Harris wins, but plan to expand if Trump is elected, creating economic advantage and stability.
  • The Freedom Economy Index survey of 80,000 small business owners reveals stark economic choices, slowdown trends, and recessionary forecasts.
  • The survey highlights the struggles of small business owners and the impact of the election outcome on their livelihoods and the overall economy.
  • The survey findings offer a revealing insight into the economic concerns of small business owners and the potential impact of the upcoming election.

Impact - Why it Matters

The survey sheds light on the deep concerns and fears of small business owners regarding the potential economic impact of a Harris presidency, with the majority expressing a willingness to consider closing their businesses if she wins. This news matters as it reflects the sentiments and fears of small business owners, which can have a substantial impact on the economy and job market. The survey also highlights the stark economic choices and the potential impact of a Harris presidency on inflation and business stability.

Summary

A supermajority (87%) of America's small business owners say they'd consider closing if Vice President Kamala Harris wins the White House in November. Only 1.2% say the same if former President Trump is elected. This deep canyon of fear over a Harris presidency is among the stunning findings of the October 2024 Freedom Economy Index survey of 80,000 small business owners, a joint project of PublicSquare and RedBalloon. The survey reveals stark economic choices, a slowdown that is harder on women business owners, Grinch Christmas expectations, a frosty hiring trend, recessionary forecast, and an 'F' grade for the Federal Reserve. The impact of the survey is evident in the sentiments of small business owners who fear the economic implications of a Harris presidency and the subsequent inflation and instability.

Source Statement

This curated news summary relied on this press release disributed by Newsworthy.ai. Read the source press release here, Small Business Owners Fear Harris Presidency, Survey Reveals

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