[MNJohnnie]

The flaw in all the analysis flowing out of DC is the notion that more credit is all we need to get the Economy growing. Dear Reader and all his minions keep saying this but it is nonsense.

Business crave certainty above all else. A sense of certainty encourages business leaders to take on risk, uncertain causes a “bunker mentality”.

Everything the 0 regime is doing is causing uncertainty in the minds of private business. No amount of easy credit will get them to borrow if they are uneasy about their ability to pay it back eventually. Cap and Tax, Health Care, the hints of coming war taxes etc all cause Business to fear it will be saddled with ever increasing Government imposed costs in the years to come.

To get business out of this bunker mentality the Government should simply let business keep more of it's own money by cutting government taxes and spending. A business that knows it is going to be able to keep more of the money it all ready has, rather then take on more debt obligations, is the best way to get business out of the “bunker mentality” it currently is in.

[o_zarkman44]

The government treats the privilege of being granted credit, as an extension of charity.

A company don't need to borrow if they can't meet their obligations because of government imposed expenses. Piling on business is a job killer. Piling on higher energy costs, forced health insurance, higher matching payroll taxes does nothing for promoting the general health of business. I can understand why government economists would ignore these financial realities since they have adopted Enron style accounting practices.