Optimism among America’s small businesses soared in December by the most since 1980 as expectations about the economy’s prospects improved dramatically in the aftermath of the presidential election.
The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. While seven of the 10 components increased in December, 73 percent of the monthly advance was due to more upbeat views about the outlook for sales and the economy, the Washington-based group said.
The share of business owners who say now is a good time to expand is three times the average of the current expansion, according to the NFIB’s data. More companies also said they plan to increase investment and keep hiring, which reflects optimism surrounding President-elect Donald Trump’s plans of spurring the economy through deregulation, tax reform and infrastructure spending.
“We haven’t seen numbers like this in a long time,” Juanita Duggan, president and chief executive of the NFIB, said in a statement. “Small business is ready for a breakout, and that can only mean very good things for the U.S. economy. Business owners are feeling better about taking risks and making investments.”
The NFIB report was based on a survey of 619 small-business owners through Dec. 28. Small companies represent more than 99 percent of all U.S employers, according to the U.S. Small Business Administration. A small business is defined as an independent enterprise with no more than 500 employees.
What could the parallel with 1980 and today be? What changed? It feels like it is on the tip of my tongue and explains why a specific group of people is going batshit crazy right now. I bet the dnc operatives with bylines will do their best to ignore or downplay, and when forced to deal with it, blame racism of the American people and the greed of the entrepreneurial class.
UPDATE: In case it escapes you, things like the revelation in this article are precisely why the left has gone unhinged. Nothing is more dangerous and frightening to them and their narrative/agenda than things getting better. Especially since Trump – be it through action or inaction, deservedly or otherwise – gets credit. After all, even a mediocre Trump presidency will be better than what we have had, putting the last 8 years and the fake stories of how great things have been, in perspective.
UPDATE 2: As I posted in the comments people fucked over by decades of collectivist criminal rule, are wishing they had a Trump. Of course, those that need to pretend this isn’t something damning and a result of decades of failure of the globalist collectivist agenda/movement, are now deflecting by pointing out that butthurt leftists think this will give California the push it needs to secede or Hawaii the push to ask for independence. I laugh at this idiocy. These are the same people that promised to move to Canada if Trump won, and so far none of them are packing. I also want to stress how unpatriotic, un-American, and downright vile and subversive talk like this was when the turds though Clinton was a sure thing. Now, it’s the opposite. Double standards and lack of shame, something something.
The left is not just downright in denial, but going nuts and flirting with going violent. The refutation of their quasi-religious dogma, by people they look down on and hold the lowest of possible opinions of, of all things, has left them with an existential crisis. They thought after Obama’s win that it would only be team blue that would win elections going forward. After all, they were busy rigging the game to make it so. The shit they believe in, no matter that it always fails and ends in disaster, was the wave of the future. Their religion had defeated the infidels and their crazy belief that reality and the laws of economics, human nature, and physics couldn’t be bent by delusional beliefs, had not just been validated, but it was the global consensus! The right was dead. Collectivism had won. After 8 years of this shit and a world left in flames by the left and its policies, along comes a guy that is totally un-PC, plays by their rules, actually believes the shit Obama used to say about hope and change to just win elections, plans to act on making it so (by of all things rolling back the damage done by Obama), and couldn’t be brought low by the usual tactics and the cabal between the DNC and their operatives with bylines. They lose, and the trend seems to be global in movement. And it has unhinged them.
Trump, a guy I used to hold a so-so opinion of before the left clearly drove me into his camp, is an existential threat to them. They can’t let him succeed, because that would be even more of a validation that their shit is broke. It will now get ugly, and these people will try hard to pretend they hold the moral high ground (that’s why Trump is Hitler), but every time they open their mouth or act, more people see the light. Oh, how sweet the tears and pants shitting of the moronic!