Kamala Harris claims she on the side of small business, but reality is different. The administration delivered high inflation and $1.7 trillion of regulations that harmed entrepreneurs.
In an attempt to distance herself from the economic ruin she had a hand in creating, Vice President Kamala Harris is positioning herself as the small business candidate. That’s a good strategy, given that there are more than 33 million small businesses in the United States, and tens of millions more if you include entrepreneurial gig workers.
But one cannot just wave a magic wand and become something. Between the Biden-Harris policies over the last three and three-quarters years, as well as her campaign proposals, it is clear that Harris is, in actuality, the anti-small business candidate.
While it is always challenging to be an entrepreneur, small business owners have had a particularly rough go over the last five years. They bore the brunt of the COVID-19 shutdown mandates, while they saw big businesses get more support and thrive.
Coming out of COVID, the Biden-Harris policies helped to stoke historic inflation, which created an immense set of challenges for small business owners (as well as Main Street Americans).
It is estimated that the Biden-Harris administration increased the regulatory burden on small businesses to the tune of $1.
