Goldman: Economic Conditions Bad for Small Biz

The video discusses the challenges faced by small businesses, including inflation, supply chain issues, and workforce challenges. Recent surveys indicate worsening conditions, with energy prices adding to the burden. The Federal Reserve's actions and the need for a durable domestic supply chain are highlighted. Businesses are raising wages and prices to cope with inflation. The video also touches on the difficulties in accessing capital and the need for updated government policies to support modern small businesses.

How does the current economic environment impact new business formation?

What changes are suggested for government policy to better support small businesses in the current climate?

Why is the reauthorization of the Small Business Administration (SBA) considered important?