Opinion: Will rocky rollout of SBA loans affect Trump’s reelection efforts?

708
SHARE

Enter Email to View Articles

Loading...

If Trump can’t get this embarrassing debacle sorted out, this could affect his ability to win reelection. Small business owners on Twitter are tearing into the fumbled SBA loan rollout and frustration is mounting. Everyone is swiftly tiring of empty promises.

In February, CNBC reported Trump’s approval rating among small business owners had hit an all-time high at 64%. According to the survey, small business owners are more likely to be Republican than Democrat, which is why his approval rating was so high among this group.

But republicans, historically touted as the fiscally responsible party, are unlikely to be impressed if they’re unable to keep their businesses operating. If Trump can’t follow through on these SBA loans, he may see a decrease in approval ratings here going into the final leg of his election campaign.

Trump has maintained a strong base of supporters throughout his presidency, despite and maybe even because of his tendency to grandstand. He’s a personality that the blue-collar working man has been able to get behind. Will this be the final straw that ends his bid for reelection? Or will he pull it together last-minute and get funding out just in time to appease his voting base and follow through on promises of a strong economy?