Stacy Mitchell Discusses the Pandemic’s Impact on Small Businesses on NPR’s 1A

Date: 7 Apr 2020 | posted in: Media Coverage | 0 Facebooktwitterredditmail

In the News: Stacy Mitchell

April 6, 2020

Media Outlet: 1A

On National Public Radio’s 1A, ILSR Co-Director Stacy Mitchell talked about how the pandemic crisis is impacting small businesses and why the federal government’s current response is inadequate.

Here’s an excerpt:

We’re very concerned that [the federal funding available to small businesses] is going to run out quickly and that the most vulnerable businesses are going to have trouble grabbing on. The other problem is that Congress opened this program not just to small businesses but also to chain hotels and chain restaurants. So there are now bigger companies having access… and the size of this program really pales in comparison to the huge spigot of cash which Congress opened up for big corporations, which is about ten times as much money on the table.

Listen to the interview here.

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Stacy Mitchell

Stacy Mitchell is co-director of the Institute for Local Self-Reliance and directs its Independent Business Initiative, which produces research and designs policy to counter concentrated corporate power and strengthen local economies.