Press Releases

Luetkemeyer: The State of Small Business is in Crisis

The State of Small Business

WASHINGTON, D.C. - Ranking Member Blaine Luetkemeyer (R-MO) released the following statement on the State of Small Business ahead of President Joe Biden’s State of the Union address:

“Tonight, President Biden will deliver his first State of the Union address, roughly 400 days after taking office. For the last year, we have been witness to policies enacted by President Biden and the Democrats that have put the state of small business in crisis,” said Ranking Member Luetkemeyer.

“Businesses are being crushed by soaring prices and are facing the highest inflation rates in 40 years. Contractors are unable to bid on jobs, restaurant owners have limited their menus and shortened their serving hours. Businesses reliant on vehicle costs are being hammered by the climbing prices at the pump.

“Our nation’s job creators need workers. Main Street USA is littered with ‘Help Wanted’ signs due to not having the resources to compete with a bloated federal government and their regulations delaying recovery and progress.

“Small businesses are plagued by snarled supply chain disruptions, causing lost revenue and scarcity of key materials. Small business owners are subject to devastating ‘smash and grab’ crime waves - leaving them to pick up the pieces.

“Washington needs to step out of the way so small businesses can once again thrive in this country. We must implement pro-growth policies such as lowering taxes and removing the unnecessary regulatory red tape.

“America’s small businesses are struggling to keep their doors open. The state of the small business economy must improve.”