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Yo_Mama_Been_Loggin

(106,789 posts)
Wed Dec 2, 2020, 08:58 PM Dec 2020

Give Americans a stimulus check by Christmas or small businesses will have an unhappy new year

This holiday season will likely be different for families and small businesses across the U.S. Not only will family gatherings be smaller than in years past or canceled altogether, but the economic impacts of the COVID-19 recession will mean that for many families, spending on gifts is out of reach. A new Gallup poll found that without an additional stimulus check, Americans plan to spend less money over the holidays.

This means there will be far fewer shoppers and diners at local shops and restaurants at a critical time of year. It’s not just gifts that many families won’t be able to afford. Almost half of all U.S. households have experienced serious financial trouble due to the coronavirus pandemic, leaving millions struggling to meet basic needs, including food, rent, and utility bills.

With the holiday season being one of the most important times of the year for small businesses, less holiday spending will mean many neighborhood businesses could be forced to permanently shutter. Nationwide, hundreds of thousands of small businesses have already closed their doors for good.

Unless Congress passes additional stimulus relief, more than one-in-three small businesses say they would be forced to close by the end of the year, according to a recent survey by Small Business Majority. The number is even higher for small business owners of color: an astounding 41% of Black- and Latino-owned businesses won’t make it through the next few months without additional financial support. As more small businesses close, even more people will be left without income and in urgent need of financial assistance.

https://www.marketwatch.com/story/give-americans-a-stimulus-check-by-christmas-or-small-businesses-will-have-an-unhappy-new-year-2020-12-02?siteid=yhoof2

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Give Americans a stimulus check by Christmas or small businesses will have an unhappy new year (Original Post) Yo_Mama_Been_Loggin Dec 2020 OP
Democrats really needed to win the Senate. Well, still doesn't matter cause McConnell is still there LizBeth Dec 2020 #1
McConnell rso Dec 2020 #2
+1, ya I agree but even with that I can see him finding way to cheat his way in interference LizBeth Dec 2020 #3
The only winners this Christmas will be Amazon pfitz59 Dec 2020 #4

LizBeth

(9,946 posts)
1. Democrats really needed to win the Senate. Well, still doesn't matter cause McConnell is still there
Wed Dec 2, 2020, 09:04 PM
Dec 2020

regardless. This is solely on McConnell, not even all Republicans cause some wanted it.

rso

(2,256 posts)
2. McConnell
Wed Dec 2, 2020, 09:11 PM
Dec 2020

Actually, it would be quite satisfying to see Mitch as the relatively powerless Senate minority leader.

LizBeth

(9,946 posts)
3. +1, ya I agree but even with that I can see him finding way to cheat his way in interference
Wed Dec 2, 2020, 09:13 PM
Dec 2020

even as a minority.

pfitz59

(10,170 posts)
4. The only winners this Christmas will be Amazon
Thu Dec 3, 2020, 06:00 AM
Dec 2020

and other "deep-pocket" corps. The little fish are all dying...

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