As I right this I am looking at stacks of bricks which were mysteriously left in convent locations around “peaceful protests” and reports of protesters stopping and detaining vandals and looters for police. As well as reports of people have journalists have been tracking from city to the next, who are thought of as being outside agitators who bring advanced tools and literally sophisticated incendiary devices to these protests and seem to be instigating and multiplying the destructive effects of the riots. Journalists writing about them feel these are professional arsonists and agitators, who job is to change peaceful protests into riots and are seen triggering looting by breaking glass and handing out incendiary devices which explode and quickly engulf businesses in flames.
I am seriously concerned about the destruction of small businesses and the loss of many jobs for the middle class. The small business employs the majority of Americans, according to most economic studies. They are so important that the government agency the SBA or small business administration is considered the most important government economic stimulator by many economists because it facilitates access to capitol which is essential to small businesses.
However during the Coronavirus lockdown thousands of small businesses have been shuttered and they may never reopen. Then the protests happen and small businesses again are attacked. I am concerned this is potentially an orchestrated attack on small business and the American Middle Class. This unprecedented destruction of small businesses, the rise of unemployment and enrichment of large corporations will produce a huge population of unemployed workers and failed business owners. Then large numbers will drop from middle class to lower economic class and many lower economic class families will slip into poverty.
This may be an orchestrated destruction of the American Dream and A near slave like impoverished Existence for many middle class workers and businessmen. Think who is benefiting from this crisis.
We need to wake up and demand the right to return to work safely, reopen our businesses before its to late. The coming hyperinflation from all these trillion dollar bailouts is a huge pile of money which is going to chase a limited supply of goods and services fueling horrible inflation.
It’s a looming economic disaster.
Title: Observations on the destruction of small to medium sized businesses in USA https://pixabay.com/photos/mother-depressed-homeless-baby-3477164/
We live in interesting and challenging times. I hope small business owners will be able to recover but I am confident that many will not.
I know what you mean. One of my friends says many have minimal insurance or no insurance coverage, so the looting and fires may put them out of business for good. It’s so sad.