Trump Win Sends Small Business Optimism Through The Roof

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Donald Trump’s November 8th victory has already done so much good for so many people around this country. Among those people are small business owners. Since Mr. Trump became President Elect Trump, small business owners’ optimism has skyrocketed.

The November reading of the National Federation of Independent Businesses’ small business optimism index jumped to 98.4 from 94.9 — its sharpest surge since 2009 — with all of the increase in sentiment coming after the U.S. elections held on Nov. 8.

“This month we bifurcated the data to measure the results before and after the election,” stated Chief Economist Bill Dunkelberg. “The November index was basically unchanged from October’s reading up to the point of the election and then rose dramatically after the results of the election were known.”

Unlike a Clinton presidency, which would have been detrimental for the small business population of America, the Trump presidency promises prosperity by his plan to cut corporate taxes. This offers the most benefit to firms that earn more revenues domestically — a category most small businesses fall into.

“The possibility that Linda McMahon, who Trump nominated to lead the Small Business Administration, might roll back regulation and help fulfill the real-estate mogul’s pledge to repeal Obamacare also contributed to higher optimism among small business owners,” said Dunkelberg.

“Small businesses like unified Republican government,” said Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC, who highlighted that the NFIB’s index fell in November 2012 — when Obama won re-election — but recorded a solid rise in November 2004 after voters granted George W. Bush a second term.

 

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Kayla Adanalian is a young conservative who believes strongly in defending liberty, the importance of the traditional family, and the value of maintaining the appreciation of a strong male role in society. From a young female’s perspective, she is dedicated to defeating and exposing the lies put forth by modern feminists and the threat they pose to the break down of traditional ideals. Kayla is a recent college graduate from DeSales University with a degree in Finance. She is a writer, radio show host and political commentator. Kayla is a former college athlete who was born in Fresno, California, but was raised at West Point, NY by her aunt and uncle who instilled in her the Catholic and conservative values she says she strives to live by daily. Kayla has been published by Western Journalism and is a regular contributor for drrichswier.com as well as rednationrising.us where she is a writer and editor. She is also a strong pro-life advocate and has been featured in Live Action News’ Advocate Spotlight for her work in giving a voice to those who don’t have one.

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