CEO’s warn that pandemic could be ’catastrophic’ for small businesses, seek help

CEO’s warn that pandemic could be ’catastrophic’ for small businesses, seek help

CEO’s of major companies as well as the U.S. Chamber of Commerce and heads of trade associations wrote a letter to Democrats and Republicans in the Senate and House urging more support for small businesses. The letter states that small businesses ’employ almost half of all private-sector workers and account for 44%’ of US GDP. Congress and Trump officials are working to agree on a plan.

Skeptic
Skeptic
Mutatis
Mutatis 1 months

It was already "catastrophic". People have largely just been kept ignorant of it, due to shoddy news coverage and the never-ending government gambit to spend, even when it has no money, its way out of every problem it creates.

Darrell Vermilion
Darrell Vermilion 1 months

Did this article travel through time from 6 months ago? The transfer of wealth has already taken place. It'll get worse, sure--but it's done. Bezos lost 35 billion in his divorce, and managed to more than double that loss in net worth over the last 6 months.

Pedro Rodriguez
Pedro Rodriguez 1 months

COULD be catastrophic? You sure about that mate?

Life of Ri
Life of Ri 1 months

Renters need a bail out

Top in Business
Get the App