Chart of the Day #2: Small Business Fears

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Via Ezra Klein here’s a survey of small businesses that’s been conducted by the National Federation of Independent Businesses for the past few decades. The question is: What’s your single most important problem? (It’s broken up into two charts so you can see all the trends clearly.) In the early 90s it’s taxes. In the mid-90s it’s regulation. In the aughts it’s insurance. And today? It’s poor sales.

It’s true that fear of the regulatory environment has gone up slightly over the past year, but the problem driving lack of hiring and investment is still crystal clear: lack of demand. If people were buying more stuff, businesses would be expanding.

This is just one data point, but it’s a telling one. Even with the massive propaganda campaign that’s been underway ever since Obama took office, small businesses still mostly don’t seem very concerned about the changing regulatory environment. Mainly they’re concerned about the economy sucking. If we want them to start expanding and hiring, that’s what needs to be tackled.

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Truth #1: The chaos is the point.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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