Friday, September 26, 2014
Most Americans See Economy As Unfair To Small Business
When the Republicans instituted their "Trickle-Down" economic policy a little over 30 years ago, they fooled Americans into believing that their economic policy would be good for everyone -- the giant corporations, small businesses, and workers. It hasn't worked out that way.
The policies they instituted were great for the giant corporations, but workers were left out in the cold -- as productivity increases were no longer shared with them and their wages stagnated (actually losing ground when inflation is accounted for). And how are the small businesses faring? Not too well, because they depend on those workers having money to spend -- and with stagnant wages and high unemployment, the workers just don't have as much money to spend as they used to have.
The giant corporations are doing well. They are making record profits (and paying very little in taxes). But small business owners, like workers, are still struggling to recover from the Republican recession (and they must still pay their share of taxes). It turns out that policies that are good for giant corporations are not good for small businesses (who don't get the tax breaks, loopholes, and subsidies offered to the corporations).
Fortunately, the American public is starting to realize the U.S. economy is no longer fair. Previous polls I have posted about show they think the economy is unfair to workers (and the poor). Now there is a new poll that shows a majority of Americans think this economy, constructed by Republicans, is also unfair to small business owners. About 53% say it is unfair, while 7% say it is very fair and 30% say it is somewhat fair. Those numbers show me it is time to toss out the Republican economic policies, and re-institute economic policies that would be fair to everyone (including workers and small business owners).
The chart above was made from info in a new Rasmussen Poll -- done on September 17th and 18th of a random national sample of 1,000 likely voters, with a 3 point margin of error.
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