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FOCUS: SMEs give SPD clear rejection of the federal election

Berlin. If it were up to the German middle class, the SPD would miss the five percent threshold in the upcoming federal election.

This is the result of the “Entrepreneur Survey 2020/21” by the Federal Association of Medium-Sized Enterprises (BVMW), in which over 2,300 medium-sized companies took part. According to this, the Social Democrats and their candidate for Chancellor Olaf Scholz would only have 3.2 percent.

Medium-sized companies would vote 43.4 percent of the Union parties, followed by the FDP (20.8 percent) and the Greens (13.2 percent). Even the AfD (7.6 percent) would get more votes than the co-ruling Social Democrats according to this survey.

When asked about the macroeconomic development in the coming year, the companies answer mostly pessimistic: 50.9 percent expect a recession, 10.8 percent even a depression. Only 34.3 percent are expecting an upswing, 4.1 percent are even expecting an economic boom. According to the survey, 70.8 percent state that they are not active in the export business.

The majority of medium-sized companies assess their own situation more positively. More than 70 percent of those surveyed describe their own business situation as satisfactory or better, and almost 70 percent expect their business situation to develop steadily or even more favorably in the next twelve months.

When asked about their demands on politics, medium-sized companies named the reduction of bureaucracy in the first place with 84.2 percent, followed by broadband expansion (61.8 percent), lowering corporate taxes (55.4 percent) and lowering social spending (41, 9 percent).

“The federal government must now set the course for investment and growth in 2021. Millions of medium-sized companies and the self-employed expect better economic conditions in order to regain confidence. That is why we say no to all plans to burden medium-sized businesses with higher taxes, ”explains BVMW Federal Managing Director Markus Jerger.

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