{"id":1977007,"date":"2023-07-19T05:21:02","date_gmt":"2023-07-19T09:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-appeals-to-small-business-in-expanded-bidenomics-pitch\/"},"modified":"2023-07-19T05:26:54","modified_gmt":"2023-07-19T09:26:54","slug":"biden-appeals-to-small-business-in-expanded-bidenomics-pitch","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-appeals-to-small-business-in-expanded-bidenomics-pitch\/","title":{"rendered":"Biden targets small businesses in expanded Bidenomics pitch."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-appeals-to-small-business-in-expanded-bidenomics-pitch%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1977007&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>President Joe \u200cBiden Highlights Small Business Credentials in\u2062 Pitch \u200dfor Bidenomics<\/h2>\n<p>President \u2064Joe\u2063 Biden is emphasizing his\u2063 small \u2062business credentials as\u200d he presents\u2064 his \u200cBidenomics\u200c economic policies\u2064 to\u2062 skeptical voters. \u200cThe message, coming from\u200c the White\u2063 House, aims to\u200c counter \u200da powerful Republican criticism of the\u200b president \u200cahead \u2064of next \u2063year&#8217;s election.<\/p>\n<h3>White \u2063House Launches \u2062Program to\u2062 Label\u200c Cybersecurity Risks\u200c of\u2064 Smart Devices<\/h3>\n<p>Biden\u2064 is set to announce\u2064 new\u200d competition\u2064 policies during\u200b a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-admin-seeks-to-slash-credit-card-late-fees-to-8\/\" title=\"Biden Admin Seeks to Slash Credit Card Late Fees to \">competition council meeting<\/a> on Wednesday, with\u2063 the \u200dWhite \u200dHouse \u200cstating that these \u2063policies\u2062 are\u2063 designed \u200cto assist entrepreneurs and\u200d small \u2064business owners. However,\u2064 Alfredo Ortiz, president and \u2064CEO of Job\u200d Creators Network,\u2062 criticized the council for\u200b prioritizing &#8220;style \u200cover substance.&#8221;<\/p>\n<blockquote><p>&#8220;Biden&#8217;s council misunderstands economics \u2063by making \u2064political\u200c moves,\u2064 such\u2064 as trying to ban \u2063&#8217;junk fees,&#8217; the costs \u2064of\u200c which\u2063 simply \u200cget \u2062added\u2064 to underlying\u200d prices,&#8221; \u2063Ortiz told\u200d the \u2063Washington Examiner. &#8220;Governments can&#8217;t create competition; they\u2062 can \u2063only \u2062impede it.&#8221;<\/p><\/blockquote>\n<blockquote><p>&#8220;The government\u200b can only\u2063 pick winners and losers,&#8221; he\u200c said. &#8220;To \u2063truly \u200dcreate \u200dcompetition, \u200dthe \u200cgovernment should\u2064 do less, \u200dnot more. \u200cBiden and\u200b his\u2062 bureaucrats should\u200d get out\u2064 of the way to let small\u2064 businesses compete, \u200bbringing\u2063 down prices \u200dand improving quality\u200d for ordinary\u200c Americans.&#8221;<\/p><\/blockquote>\n<p>Rachel Snyderman, the Bipartisan \u200bPolicy Center&#8217;s economic \u200bprogram director, echoed\u2064 the\u200d importance of \u200csupporting\u200c small\u2063 business\u200d owners, innovators, and\u2064 entrepreneurs\u200b in \u200dorder \u2062to\u200c protect \u2062America&#8217;s role as \u200ba global\u2062 economic leader. She\u200d acknowledged \u2063that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cuomo-to-partially-reopen-indoor-dining-in-nyc-for-valentines-day-if-positivity-rates-hold\/\" title=\"Cuomo To Partially Reopen Indoor Dining In NYC For Valentine\u2019s Day, \u2018If Positivity Rates Hold\u2019\">small business owners<\/a>\u2062 still face challenges such as access to credit,\u2064 which existed\u200b before the \u200dpandemic. \u2064Snyderman \u200cexpressed optimism\u2063 about efforts to \u200dmodernize the Small Business Administration \u2064through reauthorization.<\/p>\n<p>When\u200b asked about\u2064 Biden&#8217;s response to the \u200dHouse \u2064Oversight Committee\u200c hearing\u200d on \u2062his\u2062 son Hunter&#8217;s case, White House press \u2062secretary Karine Jean-Pierre referred to \u2063the competition council\u2062 meeting as evidence of the president&#8217;s\u2064 busy day.<\/p>\n<blockquote><p>&#8220;That&#8217;s\u2062 what the president&#8217;s going to\u2062 be focused,&#8221;\u200d she said. &#8220;I&#8217;m\u200d just not \u200bgoing\u200c to speak \u200dto the hearing that&#8217;s \u200chappening tomorrow.\u2063 We\u200c won&#8217;t comment from here.&#8221;<\/p><\/blockquote>\n<p>The White House \u200cdescribed\u2064 Wednesday&#8217;s announcement\u2063 as \u2062a key pillar of Bidenomics, as the president&#8217;s approval-disapproval\u200b rating stands at around 38%-58%,\u200d a \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-appeals-to-small-business-in-expanded-bidenomics-pitch\/\" title=\"Biden targets small businesses in expanded Bidenomics pitch.\">net negative 20 percentage point difference<\/a>,\u200c according\u200c to \u2064RealClearPolitics.<\/p>\n<p>The\u2063 CNBC\u200b and \u200bSurveyMonkey&#8217;s \u200cSmall Business Confidence Index showed\u200b an increase last \u200dquarter, \u2062with 40% of\u2062 small business owners \u2063believing \u200cthat economic conditions are favorable for their \u200bbusiness. Additionally, 46%\u2064 expect \u200btheir business&#8217;s \u200drevenue\u200c to increase in the \u200dnext year, and 28% \u200canticipate an increase in\u200d the number of employees. However, only 3% of small business owners consider broader\u2063 economic \u2063conditions \u200cto \u200cbe excellent.<\/p>\n<p>Despite a lack \u200bof clarity on how Biden&#8217;s new competition policies \u2063will\u2062 directly \u200bbenefit \u200centrepreneurs\u2062 and \u200dsmall business \u200bowners, the \u200dWhite House highlighted\u2063 various\u2062 funding\u2064 initiatives, \u200bincluding \u2062over $450\u200c billion\u200b in pandemic-era\u2063 small business\u200b funding, as well as \u2064programs\u200d from the Treasury Department and the Commerce Department Minority\u200b Business Development Agency.<\/p>\n<p>Biden&#8217;s\u200c announcement follows \u2064his promotion of a &#8220;record&#8221; \u200dnumber\u2064 of \u200bsmall business \u200dapplications and\u200b federal \u2064government procurement spending. \u2062He emphasized his commitment to supporting \u2062small businesses \u2063and building the economy from the middle out and bottom up.<\/p>\n<p>Meanwhile, Rep. Roger Williams\u200c (R-TX) \u200cannounced that\u2062 the House \u200bSmall\u2063 Business Committee \u2062has \u200dpassed\u200c several bills,\u200c including \u2064the \u2064POST \u200cIT Act and the \u200cSmall Business\u200c Regulatory Reduction\u2064 Act, which aim \u2064to\u200b provide guidance and reduce the cost \u2062of rulemaking for \u2063small \u200cbusinesses.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> to read \u2062more from the\u200d Washington \u200dExaminer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden is emphasizing his small business experience while promoting his economic policies to doubtful voters. The White House is countering Republican criticism by highlighting Biden&#8217;s message. Additionally, a program has been launched to identify cybersecurity risks associated with smart devices. Biden is also set to unveil new competition initiatives.<\/p>\n","protected":false},"author":1,"featured_media":1977008,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1977007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1977007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1977007"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1977007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1977008"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1977007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1977007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1977007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}