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Many in small business were jubilant over Trump's victory. They've since grown very uncertain about the U.S. economy.


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Published in Business and Finance on by MarketWatch   Print publication without navigation

Small-business owners — a group that emphatically cheered the election of President Donald Trump and a Republican Congress — now have nearly historic levels of uncertainty about the future.

The article from MSN discusses the shifting sentiments among small business owners following Donald Trump's 2016 election victory. Initially, many small business owners were optimistic, expecting deregulation and tax cuts to boost their operations. However, over time, this optimism has waned due to several factors including ongoing trade tensions, particularly with China, which have led to increased costs and uncertainty. The article highlights that while some tax benefits were realized, the broader economic environment has become more unpredictable with issues like labor shortages, rising inflation, and the lingering effects of the global health crisis. Small business owners now express a mix of frustration and uncertainty about the future, with many feeling that the promised economic stability and growth have not fully materialized, leading to a cautious approach in business planning and investment.

Read the Full MarketWatch Article at:
[ https://www.msn.com/en-us/money/smallbusiness/many-in-small-business-were-jubilant-over-trump-s-victory-they-ve-since-grown-very-uncertain-about-the-u-s-economy/ar-AA1AHbj5 ]

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