On the recordNovember 8, 2023
Madam President, last winter a restaurant and a bakery near Omaha NE, well, they both closed their doors. The restaurant owner said: We have to close. There is no way around it. The owner simply couldn't keep up with food and labor costs that were going through the roof, costs that have been catapulting higher and higher ever since President Biden implemented his so-called Bidenomics agenda. The bakery owner, well, she had a similar story as she closed her doors. She said that rising costs made it impossible to continue. Inflation took a sledgehammer to those small businesses as well as the livelihoods of their owners and their employees. That is Bidenomics in Nebraska. Starting and sustaining a family business is already a massive undertaking. That work, combined with the burden of oppressive inflation, becomes too heavy for some families to carry. And the coming months may add even more to that heavy load. As we close in on the winter season, days are getting colder; days are getting darker; and that means that many family-owned shops--well, they are going to lose significant business. Fewer customers are going to venture out to shop at small businesses and they will do it for fewer hours during the day and that is going to cut down on the amount of profit that these businesses make. But not only that, while profit decreases, costs will go up. Because it is colder, small businesses will spend more of their money on energy bills to heat the buildings.…





