The backbone of our economy is crumbling

<p>Small businesses account for 48% of American jobs and 44% of American GDP. What would our economy look like without them?</p><p>Unfortunately, we might soon find out.</p><p>In the wake of the Covid-19 pandemic and the year of lockdown that came with it, a vast share of our small business economy has been cornered into financial distress. How did we get here, and, more importantly, how do we bounce back?</p><p>Today on Business Casual, Freakonomics co-creator Steven Levitt explains how vital small businesses are to the US economy and what action we can’t afford <em>not </em>to take to keep them afloat. Don’t miss it.</p>