As this year’s presidential election plays out, there’s an increasingly brighter spotlight on various demographics of Americans and the candidate(s) they’re most supportive of. Many contenders observe and use this data when determining how to effectively campaign and garner additional support. Of course, getting or staying in office is a virtual impossibility without winning over particular groups in this country.
Right now, there’s a unique spotlight being placed on small business owners in America. Small businesses contribute greatly to our nation and our economy; without the entrepreneurship and innovation of small business owners, there would be a considerably lesser amount of jobs, opportunities, and economic stimulation.
A new survey from CNBC/SurveyMonkey shows that 64% of small business owners approve of President Trump.
Why Most Small Business Owners Favor Trump
In a nutshell, the president’s policies are most beneficial and in keeping with the best interests of small business owners.
Some of the specific policies to engender favor from this group include Trump’s phase one, China trade deal and applicable regulatory requirements. As such, individuals who own and operate small businesses are happily looking forward to greater amounts of profits, sales, and employee wages.
The aforementioned poll is not without partisan ties. CNBC/SurveyMonkey reviewed data from more Republicans than Democrats since the former is likelier to own small businesses. Of the surveyed individuals, 75% of Republicans maintain strong approval of Trump’s job in office; meanwhile, only 15% of Independents and 5% of Democrats share the same perspective.
The Best President for Small Businesses
Trump’s small business-friendly policies, along with the benefits he’s contributed to the nation’s economy as a whole, make him the best president for this group of Americans. Unlike the Democrats, Trump realizes the paramountcy of effective trade deals; moreover, he won’t raise taxes on small business owners in order to expand government.
The left claims to be for the people and in favor of Americans having opportunities, but then their policies prove precisely the opposite. Tax increases, along with minimum wage hikes carry the very real potential to force small business owners to shut up shop, thus killing jobs, the provision of products/services, and much more.
The votes of small business owners will definitely be a notable factor in this 2020 presidential election.
What do you think about President Trump’s high approval ratings from small business owners? Are the Trump era policies in keeping with the best interests of entrepreneurs? Let us know in the comments section below!