The Trump Shutdown Damaged Small Businesses

In his State of the Union address tonight, Trump tried to claim illegal immigration is a threat to the economy. What’s really a threat to the economy is Trump’s government shutdown, which devastated small businesses across the country.

Because of the Trump Shutdown, small businesses couldn’t get loans, process tax documents, or get approval for new products.

Wall Street Journal: “The partial government shutdown is affecting a wide range of business and financial concerns nationwide. Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, and the approval of new products such as prescription drugs, among other effects.”

Crain’s Cleveland Business: “Government Shutdown Shuts Out Small Business”

Small businesses were forced to halt operations because they couldn’t get the permits and inspections they needed during the Trump Shutdown.

NPR: “Government Shutdown May Hamper Alaska’s Lucrative Fishing Industry.”

Washington Post: “The Federal Government Is Open But The Pain Continues For Craft Breweries”

Small business optimism tanked during the Trump Shutdown.

New York Times: “The National Federation of Independent Business small-business optimism index also hit a 14-month low in December, and the number of the survey’s respondents expecting to expand their business declined.”