Three-quarters of small-business owners say President JoeBiden is not doing enough to beat back the country’s historically high inflation and untangle snarled supply chains, according to a new survey.
The survey, released on Wednesday by the Job Creators Network Foundation, found that a whopping 76% of respondents said in February that the president is failing to combat rising prices, up from the 68% of small-business owners who said the same in January.
Small-business owners also cited Biden for failing to do enough to fix supply chain problems. Some 74% said the administration is falling flat in its effort to shore up the country’s supply chains, a problem that has been occurring for months and has further driven up the rate of inflation as the supply of goods flowing can’t keep pace with burgeoning U.S. demand.
As COVID-19 restrictions such as mask and vaccine mandates are being lifted in cities across the country, there is little appetite to re-implement restrictions or lockdowns down the road from now, according to the survey. Seventy-five percent of the owners said future lockdowns with business restrictions would hurt small businesses in the United States.
In December, when omicron was spiking, 82% of respondents expressed concern about future mandates that would be deleterious to their business. In the most recent iteration of the survey, the number who said the same has declined to 69%.
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