Posted on 01/21/2012 7:56:26 AM PST by Mary Robinson
Despite unlimited money and talk, most government stimulus aimed at small business is wasted, because most small businesses cannot do government work.
That is because they cannot get bonded. They cannot get working capital.
So they lose jobs. They even lose their businesses. But few notice because they are so busy talking about how much they love small businesses. But it doesn't have to be that way.
(Excerpt) Read more at nctimes.com ...
Exactly - the politicos do what they do best, i.e. spout meaningless pap, and fail to back it up with real actions that would make the difference to small business on everyday needs like bonding and access to capital. I worked for a company for 17 years that manufactured architectural metalwork for commercial construction and we fought this battle on a regular basis.
If you can’t be bonded you have no business bidding the job!!
purchasing performance bonds aren’t that expensiuve and if you don’t have the capitol or assets to qualify you don’t belong in the business!
Obviously you have been near an actual business.
I was President of a construction corporation for 40 years.
Did Dad and Grandpa treat you well?
Have you ever tried to start your own construction company?
Read the article, I’m surprised that you support the California left on this.
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