In this video we discuss what is going on right now with small businesses and how government lockdowns have impacted them vs big businesses and tech firms. We go into detail on the CARES Act and how it didn't really help small businesses at all. Also, what do potential business shutdowns look like vs prior instances.
References for the show:
How Big Government Stacked the Deck Against Small Business:
https://fee.org/articles/how-big-government-stacked-the-deck-against-small-business/
Pineapple Saloon Shutdown:
https://www.youtube.com/watch?v=tpFfr0niCf0
Small Business Statistics:
https://www.chamberofcommerce.org/small-business-statistics/
We Call That "Survival Mode":
https://www.wsj.com/video/we-call-that-survival-mode-small-businesses-face-uncertain-future/B6C999D0-D78A-4015-A616-AA32FEEEA989.html?mod=e2fb
Recession Killed 170,000 Small Businesses Between 2008 And 2010: Report:
https://www.huffpost.com/entry/us-lost-more-than-170000-small-businesses-2008-2010_n_1702358?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAANhioYieTrXZ-93S3fU-wX11hVqWwp2x7UVB3g7oMWfPera20EuLd_r-jKkcWT6YHmlY0ljKarHvpNt5Jb0_yjFgQSDLAra3FC5IT5Iu9CIFDRvGxO1bzH8mCRD3Znwh7DDg456FuDfUswMZbYpmkKPAKuuJguiVjHEr7HdOe7OK
1.1 Million Stimulus Checks Sent To Dead People, Watchdog Finds:
https://www.forbes.com/sites/shaharziv/2020/06/25/11-million-stimulus-checks-sent-to-dead-people-watchdog-finds/?sh=65392f3793a3