Despite emergency stimulus measures, small business lending continues to fall.
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That is because no one wants ANYTHING to do with socialism and its ugly consequences. No confidence. People are scared and they do not want to lend money or borrow it. And for good reasons.
Yes firms started delaying construction projects where my husband works (Commercial Const.) when they thought he would get in and then cancelled them when he did. We have never seen things this bad and he has worked there for a little over 36 years now.