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50% of SMBs Disapprove of Feds’ Russia War Policies

By Anna Peel. Originally published at ValueWalk.

Small Business Owners SMBs

Half of all business owners (50%) disapprove of the U.S. federal government’s decisions regarding the Russia-Ukraine War. And 67% say those policies have adversely affected their already-challenging business recoveries. 

Here are additional highlights of Alignable’s War Opinion Poll, conducted among 6,453 randomly selected small business owners from 3/22/22 to 4/13/22.


Q1 2022 hedge fund letters, conferences and more

SMBs Disapprove of Feds’ Russia War Policies

  • The No. 1 problem 53% of SMBs would like the feds to fix is skyrocketing inflation, which has only grown more severe after war sanctions.
  • Only 18% of small business owners approve of the way the Biden administration has reacted to the war. That approval rating is 3% worse than Biden’s 21% approval rating by SMBs just two months ago.
  • 38% called the policies “very ineffective,” noting that they have just damaged the U.S. economy without helping Ukrainians. 
  • While 24% say they have donated supplies and/or money to international organizations helping Ukrainian refugees, 46% said, unfortunately, they’re unable to donate anything to the refugees because of their own significant financial challenges.
  • 75% of SMBs in AZ expressed disapproval of the war policies, along with 61% in Ohio, 54% in PA, 52% in TX and 50% in FL. Only 38% of NY-based SMBs disapprove.
  • SMBs across many industries took issue with the policies, especially given gas price spikes -- 71% in the automotive sector, 60% in aviation, and 59% of plumbers.
  • Several poll-takers’ quotes supported reopening the Keystone pipeline to reduce or eliminate our energy dependence on foreign powers.

Small Business Owners SMBs

To see more results of Alignable’s War Opinion Poll, click here.

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