The Boss Babe Blog
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"Feel the Bern!"
I'll bet big money that you've heard this phrase recently. It's the slogan that has been plastered all over social media, mainly because Sanders is the top-pick for the majority of the Millennial generation. According to a recent survey of 18 to 34 year olds, 46% of the voters would vote for Bernie Sanders in the Democratic Primary. This sparked my interest after reading an article in Website Magazine that pointed out the entrepreneurial nature of Generation Z coming into the work force. The incoming generation is geared more towards getting their work done efficiently with little concern of time or place, than previous generations that were content with a 9-5 office environment. Basically, with social media marketing becoming widespread, and a generation of technology-driven optimists hitting the work force, small businesses are going to be booming. Naturally, with entrepreneurship on their minds, the younger generations are going to search out a candidate that they feel will give their small business a fighting shot in this competitive economy. Since we have already established that the majority of the Millennial generation are casting their votes in Sanders' direction, the question must be posed: Is Bernie Sanders going to be the saving grace for your small business should he get the nomination?
I'm not going to throw a definite "yes" or "no" onto the table, but the odds do appear to be in his favor. According to a website supporting the campaign ( feelthebern.org ), Bernie Sanders does believe in the power and impact of small businesses in America. In fact, the website specifically states: "Bernie Sanders has worked hard to push for policies that help small businesses, encourage entrepreneurship, and foster innovation. Among these, he has supported loans for small businesses, pushed for reforming intellectual property regimes, and advocated for giving the entrepreneurs of tomorrow access to good education."
Regardless of what a biased webpage has to say on the matter, the proof is in the pudding. With just a little bit of research, you can see the influence that Bernie Sanders has had in the world of small businesses. It is well known that Sanders helped to pass the Small Business Jobs Act, an act that was geared towards helping small businesses receive loans to keep their businesses afloat in an economy where banks are reluctant to loan funds. Another appealing aspect of Sanders' policy is his plan to reroute the distribution of money in the United States. He believes in paying workers a living wage, raising the minimum wage to say it simply. Some people believe that this will hurt the small businesses who may not be able to afford to raise their workers salaries, but others disagree with this concept. If everyone is earning a living wage, then more money will be spent at small local businesses. Cash will be flowing back into the communities, helping small businesses and entrepreneurs in the long run. When everyone is handing their paycheck over to large corporations trying to survive, the corporations are just getting larger while the American population continues to get poorer. It's a viscous cycle that needs to be reversed. Whether or not you agree with the way Sanders plans to reverse it is one thing, but you have to agree hat is nice to see a candidate recognize the problem. Most won't even address it.
Back in 2010, Bernie Sanders was quoted as saying: "In the midst of the very difficult recession we're in, helping small businesses receive credit is imperative." Only time will tell whether or not the 2016 presidential candidate will seize his opportunity to do just that. Right now, we just need to keep watching the behavior of each candidate. November is still a long way away, if you think about it. Something could change, someone could slip up, or someone could even drop out. Millennials might decide that they would rather cast their vote to Hillary, or an Independent candidate might arise from the shadows. An election is a fend-for-yourself kind of game, and we are just beginning this round. Regardless of who is voted into office, the incoming generation can only hope that they have some sense of compassion for small businesses, otherwise all of the optimistic, entrepreneur-spirited young people are going to be sorely disappointed.
How do you see it? Will Bernie Sanders uphold his promise to save the small businesses, or are we better off leaving him in the dust?