Nearly 100,000 small businesses have permanently closed due to COVID-19 restrictions

WINTERY KNIGHT

An important part of our American prosperity is our support for the creation and success of small businesses. That’s because when consumers have choices, they can find the best quality for the lowest price. If there was only one vendor for a product or service, then there would be no competition. Without competition, sellers have no incentive to increase quality and lower prices.

So, here’s what’s happened to small businesses during the current Democrat-supported shutdown of the economy.

Human Events:

As we near a year of lockdowns and sheltering in place, the long-term effects of pandemic policy on the economy are becoming clearer. Almost every piece of legislation ostensibly designed to curb the spread of the coronavirus and protect workers has wreaked devastation on small businesses—while benefiting the largest corporations. Roughly 100,000 small businesses have permanently closed due to COVID-19, while big-box retailers, tech giants, and pharmaceutical manufacturers have…

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