O’Leary Ventures chairman Kevin O’Leary warns a 'real crisis' is coming for small businesses as inflation and a tight labor market still plague the U.S. economy.
O’Leary Ventures chairman Kevin O’Leary discusses increased scrutiny over Biden’s energy agenda and explains the ‘crisis emerging’ for U.S. small businesses.to tout his economy policy during his reelection campaign, critics are still sounding off on the true cost of Biden's economic agenda.
Although the U.S. economy has seen some respite from record inflation, one "Shark Tank" star warns there is a "crisis emerging" for U.S. small businesses. "I live in the real world," O'Leary Ventures chairman Kevin O'Leary said. "I'm here on the Hill today in Washington talking to everybody I can about the problems I've got in just getting working capital for small businesses. We have a crisis emerging."Tuesday, O'Leary explained that small businesses will find it increasingly difficult to finance ventures.
While the data suggests small businesses are optimistic, O'Leary pushed back on the notion that all is well. "I'm in the real world talking to CEOs of small companies that are family owned in America in almost every state, every day. They're not happy either. So I'm not listening to that data. I'm dealing with reality," he said.
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