Let’s get one thing straight: small businesses are America. They employ nearly half of the workforce, they fuel innovation, and they anchor our communities. Yet, a damning new study by digital lender Biz2Credit reveals how Biden’s policies have pushed these businesses to the brink.
Data from over 100,000 financing applications shows a sharp and devastating decline in small business earnings at the end of 2024, with no signs of recovery heading into 2025. The numbers are grim. Monthly earnings dropped by nearly $68,000 compared to 2023 – a catastrophic blow. And it’s not just the earnings. Business costs – rent, insurance, labor – have ballooned, leaving owners drowning in a sea of expenses.
The study also shows profits plummeted 43% in 2024. That’s not a typo. This isn’t some temporary dip. This is a full-on collapse. Why? Because small businesses don’t have the luxury of billion-dollar balance sheets to absorb inflation and rising costs. When prices go up, it hits them like a freight train.
So what’s driving this destruction? It’s called Bidenomics.
The administration’s tax-and-spend policies, overregulation, and favoritism toward mega-corporations have put small businesses in the crosshairs. Biden loves to throw taxpayer-funded incentives at industries that align with his progressive agenda – green energy, Big Tech, you name it. Meanwhile, small businesses – the people who actually build America – are left to fend for themselves.
Sure, the elites will crow about GDP growth and low unemployment. But what good is GDP growth if Main Street is bleeding out? These numbers are padded by bloated government spending and mega-corporations outsourcing American jobs overseas. It’s a lie.
Inflation may have cooled slightly since its peak in 2022, but don’t be fooled. Prices remain sky-high, especially for goods and services that small businesses rely on. Meanwhile, regulatory costs are piling up, leaving business owners drowning in red tape.
The incoming Trump administration has promised to reverse course, vowing to slash regulations, cut taxes, and put Main Street first. Small business owners are desperate for relief. The National Federation of Independent Business (NFIB) just released its Small Business Optimism Index, which saw a significant jump in December – the highest since 2018. Why? Because there’s hope that someone in Washington will finally stand up for the little guy.
Trump’s team says fixing the economy will be a priority from Day One, and not a moment too soon. “Based on our data on later months of 2024, the start of 2025 could be a rocky one for small businesses,” says Rohit Arora, CEO of Biz2Credit.
Let me be blunt. We are in a battle for the soul of this nation. The Founders envisioned a country where anyone willing to work hard could build a better life. That’s the American Dream. But Bidenomics, globalism, and the corrupt banking system are tearing that dream apart.
Small businesses are being sacrificed at the altar of elitism and corporate greed. The government claims to care about working Americans, but their actions tell a different story. They’re strangling Main Street with inflation, taxes, and regulations while distracting you with bread and circuses – TikTok dances, celebrity gossip, and endless entertainment.
It’s time to wake up. The fate of small businesses is the fate of America. If we lose them, we lose everything.
Don’t wait for Washington to save you. Arm yourself with knowledge and take control of your financial future. Download “Seven Steps to Protect Yourself from Bank Failure” by Bill Brocius today. This essential guide will show you how to safeguard your money from the corrupt banking elite.
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The clock is ticking, folks. Stand with Main Street. Stand for America. Let’s take our country back.
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