New Jersey’s Black Owned Businesses Getting Crushed Despite Biden and Harris Optimistic Pep Talks

A new report claims black-owned businesses, like those here in New Jersey, are being crushed under the Biden-Harris administration. While the nation’s top officials travel the country trying to paint a pretty picture, the reality is, businesses here are hurting. High taxes, inflation, lower customer spending, and higher costs for rent and energy bills are hurting all businesses, but this report says they aren’t hurting as bad as black-owned businesses. Vice President Kamala Harris’s multistate economic tour stopped in Michigan this month to tout the administration’s record for black Americans. The start of the tour coincided with National Small Business Week. The Biden administration tries to hide it, but the economic numbers show that Bidenomics has handicapped black businesses. Small enterprises are struggling with high costs, high interest rates and increased regulations, driving many black business owners to reconsider for whom to cast their vote this November. One day before the vice president touched down in the battleground state of Georgia, a New York Times article detailed how black small business owners viewed the Biden administration’s efforts, and it wasn’t positive. Thirty-two-year-old Atlanta-based tech entrepreneur Kimberly Jolasun, pressed by high interest rates that tripled her monthly payments on credit used...