Friday, April 10, 2020

There are 30.2 million small businesses in the U.S. Which employ 48% of all American workers

But, the Federal Government loans to keep them going are failing most of them right now. I was listening to PBS Newshour tonight April 10th 2020 and several business owners were ALL saying they couldn't get a loan because they couldn't even fill out the forms online and get to the point where they click "Submit". Also, Banks are afraid to loan this money because they don't trust the government in all this. So, if the government doesn't come through and make the banks give small business these loans then 48% of the workers in this country will be going bankrupt soon right along with all those businesses declaring bankruptcy too. I'm not sure the country can afford this at all!

This is ridiculous! And if this isn't addressed soon this could very well be the end of the U.S. forever!

There are health apocalypses and then there are economic Apocalypses.

Unfortunately, this is both!

PBS Newshour gave me the facts of the 30.2 million businesses that employ 48% of all American workers by the way.

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