By John Q. Hosedrinker 
U.S. businesses are experiencing a surge in bankruptcies, reaching levels not seen since 2010. Data indicates that at least 717 companies filed for bankruptcy through November 2025, a 14% increase from the previous year. Factors contributing to the rise include inflation, interest rates, and the trade policies of the Trump administration, particularly impacting the industrial sector. The increased bankruptcies add to concerns about the economic impact of Trump’s policies.
Read the original article here
“Trump’s Economic Policies Did This”: US Business Bankruptcies Surge to 15-Year High | At least 717 US companies filed for bankruptcy through November 2025—the highest figure recorded since the aftermath of the Great Recession. This is the stark reality we’re facing, and it’s a number that speaks volumes about the current economic climate. It’s impossible to ignore the significance of such a sharp increase, especially when you consider the historical context. Fifteen years is a long time, and the last time we saw figures this high was during the fallout of the Great Recession. That’s a serious wake-up call, and it’s time to examine the factors that led us here.
The consensus here is that this surge in bankruptcies is, at least in part, a direct result of the economic policies implemented during the Trump administration. The rhetoric around a “golden era” and “the best economy ever” clashes hard with the reality of hundreds of businesses failing. Many small business owners, some of whom were staunch supporters of these policies, are now finding themselves in dire straits. The promise of economic prosperity appears to have turned into a harsh reality for many. The data is clear: more businesses are struggling, and the consequences are being felt across various sectors.
The policies themselves, particularly the trade tariffs, are a key point of concern. These tariffs increased costs and disrupted supply chains, placing a significant burden on businesses, especially smaller ones. The increased cost of doing business, combined with rising interest rates and inflation, created a perfect storm of financial challenges. Many business owners, expecting economic growth, are instead facing the uphill battle of keeping their doors open. The consequences are evident in the numbers.
The consolidation of wealth is a recurring theme. The idea that larger corporations are benefiting while smaller businesses struggle is a common thread. As smaller companies falter, assets are often acquired by larger entities, further concentrating economic power. This trend raises concerns about the long-term health of the economy, particularly for its impact on competition and innovation. The rich seem to get richer while the rest of us suffer, a situation not lost on anyone watching.
The impact of these policies isn’t confined to business owners; the ripple effects are felt by employees and consumers alike. Job losses, reduced spending, and a general sense of economic uncertainty are all byproducts of this trend. Families are struggling, and the dream of a secure financial future feels further out of reach for many. There’s a palpable sense of anxiety about what the future holds, as people worry about their jobs, their savings, and their ability to make ends meet.
It’s important to remember the human element behind these statistics. Behind every bankruptcy filing, there’s a story of struggle, disappointment, and the loss of a dream. These are people who invested their time, energy, and resources into building their businesses, only to see them fail. It is a sobering reminder that the economy isn’t just about numbers; it’s about people and their livelihoods.
The article also points out a disconnect between the rosy picture painted by some and the lived experience of many Americans. Claims of a booming economy ring hollow when contrasted with rising costs, stagnant wages, and the closure of businesses in communities across the country. The reality on the ground is far different from the narrative being pushed by certain figures. There are those who feel as though the political rhetoric is simply at odds with their experience.
Looking ahead, the consequences of this economic downturn will likely continue to unfold. The AI bubble, as some point out, may be ready to burst, potentially exacerbating the financial strain on the wider market. The current climate sets the stage for a period of uncertainty, with the potential for further economic hardship for businesses and individuals alike. It’s a challenging situation, and one that requires careful attention and effective solutions.
The question of what can be done is paramount. Some suggest policy changes aimed at supporting small businesses, while others emphasize the need for broader economic reforms. One suggestion is to support Unionization, to give workers a collective voice and better bargaining power. Whatever the approach, it’s clear that the current situation demands serious consideration and a willingness to confront the underlying issues. The hope is that policymakers will take appropriate action.