America’s small businesses are at a crossroads, facing growing dependence on government contracts and progressive initiatives under the Biden administration. Despite President Biden’s praise of small businesses as the “engine of our economy,” recent policies push entrepreneurs toward government-funded projects, like green energy and social equity programs, rather than fostering free-market competition.
Kamala Harris’s new “Opportunity Agenda for Black Men,” offering forgivable loans, is the latest example of government overreach. Critics warn this could tie small businesses to political priorities, weakening their independence and aligning them with progressive agendas.
Regulatory burdens remain high, especially for small firms, and little is being done to address these challenges. While government aid offers short-term relief, long-term sustainability depends on reducing regulations, not increasing reliance on subsidies. Will Congress step up to protect the future of America’s entrepreneurs, or will small businesses be trapped in a web of government dependency?
