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Congressional Democrats are out of touch with America’s small businesses
The Bureau of Labor Data not too long ago declared that the Producer Cost Index, which steps organization wholesale charges, rose by 10 per cent more than the previous 12 months. This dramatic enter inflation is rapidly getting to be a crisis for American compact enterprises operating on slim revenue margins. Regretably, a Congressional listening to last week about the wellness of little companies revealed that congressional Democrats are fully out of touch with this pressing problem. Dina Rubio, the operator of Don Ramon cafe in West Palm Seaside, Fla., testified prior to the Dwelling Committee on the Economy about the inflation hurdles her modest business enterprise is going through.…
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As gas prices rise, small business owners slam Biden’s ‘shortsighted’ energy policies: ‘Out of touch’
FOX Business’ Jeff Flock reports from Pennsylvania, where spring break travelers face surging gas and hotel prices. FIRST ON FOX: The pressure that the coronavirus pandemic put on small business, coupled with the historic inflation and spiking gas prices as the Russia-Ukraine war wages and relative inaction by the Biden administration, is creating a rapidly deteriorating situation for small business owners and operators. Gas prices have reached historic levels amid soaring inflation in the wake of the pandemic and Russia’s war on Ukraine. In an effort to combat soaring gas prices, the Biden administration has already released tens of millions of barrels of oil from the Strategic Petroleum Reserve, but…
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