When nearly half of all small businesses are struggling so much that they can’t even pay their rent, you have an enormous economic crisis on your hands. The last time that we witnessed anything like this was during the peak of the COVID pandemic, but here in 2024 we don’t have a major global health crisis to blame for our catastrophic economic performance. In March 2021, 49 percent of small business owners in the United States could not make their rent payments, but that was because so many states had instituted lockdowns which were severely harming the economy. In September 2024, 48 percent of small business owners in the United States could not make their rent payments, but there is no excuse this time around…
Close to half of small business owners couldn’t pay their rent in September, marking a new three-year high.
According to…
