Connect with us

Hi, what are you looking for?

Uncategorized

The Government Shutdown Will Hurt Small Business, Analyst Says

“From Covid shutdowns to government shutdowns, small businesses are pawns in Washington D.C’s game,” says Bruce De Torres, Director of Communications for the American Small Business League.

De Torres says the government shutdown is directly hurting small businesses, costing the U.S. economy roughly $7 to $9 billion per week, and every week it continues, that figure will grow.

Looking at the numbers, De Torres believes whenever the shutdown ends, billions will continue to be lost in the U.S. economy for weeks—maybe months— until everything catches back up. “Nothing justifies this. Everyone should tell Congress and the White House to solve this problem immediately,” he said.

Over the shutdown, airline unions along with numerous labor unions demanded Democrats sign a clean continuing resolution and now hundreds of tourism businesses have echoed these demands to reopen the government.

Analysis by the American Small Business League shows America’s travel economy has already lost more than $4 billion due to the shutdown, and those losses grow significantly with each passing day.

De Torres says finding bipartisanship in DC over the last several weeks is taking a back seat to political vengeance and taxpayer subsidies. And last Tuesday’s elections have now emboldened the extreme fringe, metastasizing this polarization found in the halls of Congress and the political landscape at large.

 

   

Related Articles

Top Story

Pensacola, FL — The WSRE-TV Foundation filed a first-in-the-nation federal lawsuit today to prevent Pensacola State College from taking control of millions in funds donated...

Popular Stories

Florida has long been known for sunshine, outdoor living, and a relaxed coastal way of life. Yet in recent years, a new trend has...

Business / Economy News

The term is called “Ghost jobs.” A recent analysis by Forbes looked at data by the Bureau of Labor Statistics (BLS) showing that millions...

Business / Economy News

Jenifer Green, President of Liberty Partners, recently joined Florida Governor Ron DeSantis to promote economic development programs in the state that seek to assist...

Advertisement
Florida Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

HOW WE COLLECT E-MAIL INFORMATION:

If you sign up to subscribe to Florida Daily’s e-mail newsletter, you will provide us your e-mail address and name, voluntarily, and we will never obtain any of your contact information that you don’t voluntarily provide.

HOW WE USE AN E-MAIL ADDRESS IF YOU VOLUNTARILY PROVIDE IT TO US:

If you voluntarily provide us with your name and email address, we will use it to send you one email update per weekday. Your email address will not be given to any third parties.

YOUR CONTROLS:

You will have the option to unsubscribe to our E-mail update at anytime by clicking an unsubscribe link that will be provided in each E-Mail we send.