Despite the fact that former Sen. Phil Gramm thinks that Americans are merely in a “mental recession”, a survey conducted by Suffolk University seems to imply otherwise. More than 80% of those surveyed (all small business owners from across the country with 100 employees or less) believe the country is in an actual economic recession. More than that, nearly 86%, feel that the government is doing “nothing” or “little” to help small businesses.
But what about those stimulus checks?
Almost 80% of small business owners report that the economic stimulus checks made no difference to their own business. In contrast, 72% of those surveyed believe that the government is more focused on big businesses and Wall Street than small businesses.
But come on, it can’t be all that bad… It’ll get better, right? If you think so, you’re in the minority. Only 18% of those surveyed believe that the economy will get better by the end of the year.
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