Following the Covid lockdowns, supply chain issues, rising inflation, ‘tapped out’ consumers – America’s Small Businesses are in desperate need of a fresh start.
Bankrate.com, Sep 18, 2023:
- Statistics vary, but between 55 percent to 63 percent of Americans are likely living paycheck to paycheck.
- Three in four Americans who earn less than $50,000 are living paycheck to paycheck, compared to roughly two in three of those making $50,000 to $100,000.
- Paycheck-to-paycheck living can result in missed or late payments, which can cause your credit score to drop — leading to fees, penalties, higher financing costs and difficulty qualifying for future credit.
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Frequently Asked Questions About Small Business 2023
Small Business Office of Advocacy
Mar 7, 2023: There are 33,185,550 small businesses in the United States. Small businesses employ 61.7 million Americans, totaling 46.4% of private sector employees.
From 1995 to 2021, small businesses created 17.3 million net new jobs, accounting for 62.7% of net jobs created since 1995.
Small businesses are the lifeblood of the U.S. economy: they create two-thirds of net new jobs and drive U.S. innovation and competitiveness
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Pendulummag.com: It’s tough to do business in an environment where the input costs are constantly rising, and revenue is not keeping pace.
At best, it means slimmer margins for business owners. At worse, it means no margins or even being in the red.
A survey conducted last summer that involved 4,392 small business owners with fewer than 50 employees in the United States showed that 47% of these businesses were at risk of closing. Of the various industries surveyed, the most at-risk businesses are those in the retail, construction, and restaurant industries. I think we can agree that the business environment hasn’t improved in 2023, given the stickiness of inflation and how interest rates have continued to go up.
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The U.S. Department of Treasury, The Federal Reserve, and Washington Democrats and Republicans have no credible plan to reduce America’s staggering debt load, re-ignite economic growth, restore economic liberty, and brighten the future for America’s 33 million small businesses and their 61.7 million employees..
Main Street America Republicans do have a plan – the most powerful economic acceleration plan in the world.\
The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (9166 downloads)