Biden Highlights 'Black Small Business Boom' Amid Voter Concerns

Posted under: SMB
Date: 2023-12-21
Biden Highlights 'Black Small Business Boom' Amid Voter Concerns

President Joe Biden highlighted the growth of Black-owned small businesses during a visit to Milwaukee, emphasizing the progress in Black small-business ownership, which is growing at its fastest rate in 30 years. He noted that the share of Black households owning a business has doubled between 2019 and 2022. The President aimed to address economic concerns and solidify support among voters of color as polls suggest lagging support among Black and Latino voters in a hypothetical rematch against former President Donald Trump. Biden touted his economic vision, contrasting it with the previous administration's policies. He emphasized the priority given to minority-owned businesses for emergency relief during the pandemic. Public concern about inflation persists despite economic improvements. Biden announces Hero Plumbing benefits from federal contracts, aiming to secure Democratic support for upcoming elections.

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