Millions more are “hanging on by a thread,” US leader Joe Biden said.
About 400 thousand small businesses have closed in the United States since the beginning of the pandemic, and millions more are “hanging on by a thread.” This was stated on Monday at the White House by US President Joe Biden.
“Small businesses are the engines of our economic progress <…>, but they are being crushed. 400 thousand small businesses have closed, and millions more are hanging on by a thread,” Biden said. During the speech, he announced some changes made by the administration to programs to help small businesses in the pandemic context.