And let me add that small business is where the jobs have been felt the most. Bigger associates of the government like Freddie and Fannie are getting loans. Where’s the money for the other 49% of the responsible GDP? It’s not there, because Treasury and Fed are serving what’s left to banks. For each social bailout to the bigs, capital investment back INTO our country should be provided in equal measure to create skilled jobs.
I agree with your assessement completely and am a small business owner. I don’t ever want to hear again from financial gurus whom tell me I nor my family has not suffered and this doesn’t effect the ‘real economy’, it’s all notional and hence has no effect in the picture on the ground!
I am in Consumer Healthcare, not retail and I have worked 14 hours a day and weekends since June of 2007 when I ran the numbers on what was coming. When I saw the financial gurus telling the public chance of recession is 25% while LIQUIDATING there real-estate holdings, I knew it was time to run a flash economic study. My grandmother whom lived through the Great Depression summed it all up this way: Never trust bankers, they love foreclosures!
I own a small business, too.
What’s really terrifying is that the current economic policies supported by our own Pubbies are driving even small business owners into the arms of the Democrats.
If we can’t even hold onto the small business owers, we’re screwed. But right now, neither party is looking out for us.
The Pubbies want to bail out the Bigs and hose the taxpayer, and the Dims want to just nationalize everything have it over with.
It’s depressing.