Monday, December 14, 2009
President Obama is hell bent on helping the small businesses of America. “Better late than never,” some would say, but they would be wrong.
His idea is simple. Too simple. Make more money available to small business by leaning on our banks to make loans they really would prefer not to, and give those small business tax incentives to hire more people… Wait a minute. Just stop for a second. Why would any business, particularly a small, scared business with limited resources, a tiny drop in the ocean which is the American economy, expand its operations without knowing it can sell the additional goods or services it produces? …I’m waiting. …”On spec?” you say timidly. Hey! Who said that?! Maybe in a strong, surging economy, but not in the midst of the most serious economic downturn since the Great Depression. No way.
Continue…
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