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Over the past eleven months, I have marveled at the resilience of so many North Texas small and medium businesses as they overcome countless ever-changing challenges in order to stay afloat. The stories I have been told at business roundtables and on visits across North Texas are not just a testament to the robust spirit
of our fearless entrepreneurs, but are also infuriating because I have heard how our own government’s policies are dragging these good people down.
Corky’s Gaming Bistro here in Grapevine has great food, fun games and a family atmosphere for all to enjoy. But like so many others, they had to adapt to difficult circumstances beyond their control. Operating two sites and a ‘pandemic’ opening in 2020 was an unimaginable challenge, but they have been through an eventful first year. Sadly, what COVID has done to small businesses like Corky’s is nothing compared to President Biden’s swipe of twoJoe BidenManchin to vote to reject Biden’s vaccine mandate for big business Congress avoids shutdown after fight vaccine mandate Senate cuts deal to erase MORE government funding bill policies that have driven up labor costs and made food expenses too high for them to have two locations open . Like many others, Corky’s is not without a fight. Corky’s condensed into one place,
but also expanded the entertainment offerings and continued to invest in our community – they are fighting to stay, and I am proud to be their congressman.
Small businesses in our region are adjusting their business models, changing food menus, finding new suppliers, and doing all they can to tackle the biggest threat to their operations – the President of the United States.
Earlier this year, President Biden said: “Small businesses are the engines of our economic progress; they are the glue and the heart and soul of our communities. But they get run over. That’s right, sir. And your administration is doing the crash. Our small businesses across North Texas and across the country are bravely hanging on and doing their best to be successful. They have spent the past two years navigating a pandemic, pivoting overnight strategies to stay alive despite lockdowns and warrants. But many of those same businesses that have survived a once-in-a-century pandemic can’t last a Joe Biden year.
When one of President Biden’s first acts was to pay workers to stay home, it triggered a domino effect, sparking a supply chain crisis that will ripple out for years to come. . Federal Reserve Chairman Jerome PowellJerome PowellPowell, Yellen said he underestimated inflation and supply grunts. Powell said the Fed would consider a faster cut in the face of soaring inflation. prices throughout 2021 are expected to last
longer than expected, probably until next year. One year in that sounds the death knell for your local bakery who can’t get the ingredients for their branded goodies. It is the end for restaurant owners who will have no other choice but to pass on the rise in food prices to their customers. While Starbucks may require priority shipping and deliveries, George Coffee
here in our community can not.
Recent reports show that 90% of small business owners experience supply chain disruptions. To make matters worse, nearly 50% of all small businesses have experienced product delivery delays from their suppliers, and 25% of small businesses experience slower delivery times to their customers. A business owner, Jeff Salters, founder of Salty’s BBQ and Catering, said that in recent months, the price of latex gloves needed for their business has increased from $ 40 a box to $ 240 a box.
There is no way for a small business to afford these price increases without laying off workers or passing the costs on to their consumers, driving price-conscious customers even further away from local businesses. Conglomerates continue to be a priority in shipping and they are also able to withstand delays, temporary losses or use other
income streams to compensate for supply chain shortages. Mom-and-pop stores across the country lack the buying power, diverse supply networks, and pricing flexibility of large corporations, leaving them understaffed and unable to compete.
While President Biden’s words support small business, his actions have made it clear: In Joe Biden’s economy, only corporations survive.
The gravity of the challenges we face and the astounding inability of this administration to tackle them extend far beyond a Merry Christmas a little less – supply chain issues are destroying the small businesses that are the lifeblood of our communities. When you combine that with devastating inflation and escalating energy costs as cold weather sets in, Democratic policies will shut down businesses that have operated for generations. Unless we can stop Biden’s incompetence, and perhaps his deliberate quest to destroy the growth of American small businesses, our future is clear – we will move from an America that offers great opportunity for our people to: Made in China and offered by Amazon.
Beth Van Duyne represents the 24th District of Texas.
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Sources 2/ https://thehill.com/blogs/congress-blog/politics/584305-bidens-policies-to-blame-for-much-of-current-supply-chain-crisis The mention sources can contact us to remove/changing this article |
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