Alfredo Ortiz: Biden’s Inflation Is ‘Pushing Small Businesses to the Brink’

Alfredo Ortiz: Biden’s Inflation Is ‘Pushing Small Businesses to the Brink’


The historically high inflation under President Joe Biden’s watch is “pushing small business to the brink,” Job Creators Network President Alfredo Ortiz writes in an op-ed at The Hill.

Ortiz writes:

On Wednesday, the country hit a sad milestone: Inflation under President Biden hit 20 percent. The dollar’s value has plummeted under his watch. The Bureau of Labor Statistics also confirmed that the consumer price index is resurgent and growing faster than average wages. Combined with weak GDP growth, this data shows the U.S. economy is reentering stagflation.

Historic inflation is causing declining living standards and a cost-of-living crisis. Under Biden’s presidency, grocery prices have increased by nearly one-third and gas has risen by 50 percent. It feels like every daily convenience — from a turkey sandwich to some handyman help — has

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