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Middle Class Finances In Jeopardy

by Market FinancePosted onFebruary 7, 2023February 7, 2023

This is not good.

A new Goldman Sachs survey has just found that over two-thirds of small-business owners believe that President Biden’s U.S. Federal Government is failing to meet their needs and their businesses are suffering because of it.

According to The Hill, 70% of small business owners graded Biden’s federal government and gave them a “C” or lower. The business owners who were surveyed took into account a number of factors including programs offered, services and tax credits available and were displeased.

What’s even more pathetic is that only 16% of people polled gave Biden’s government a “B” or higher grade.

Additionally, a whopping 85% of small-businesses owners gave Biden’s government a “C” or lower when it came to the government’s marketing communication about new programs that help their businesses.

Goldman Sachs’ Joe Wall explained, “Business owners don’t feel like the programs are all that effective, and they also don’t even feel like they have a sense of what’s available, some of which maybe is effective.”

And finally 96% of said that the government needed to do more to fix existing programs and services so they can reflect the reality of what’s going on.

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Published by Market Finance

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