Tuesday, May 21, 2013

Small Business is Targeted By This Economy


Small business employs about 50% of the U. S. work force. It makes up almost 40% of the GDP. But small business cannot get sufficient credit from banks who are worried about strict regulators who look over their shoulders to see that the books show little risk.
                       
The easy money policy of the Federal Reserve makes it far easier for
banks to borrow at little cost from the Fed and invest in government bonds. So why bother to make risky small business loans?
                       
Worse, small business cannot get meaningful relief from Washington in the form of lower taxes and less restrictive wage regulation.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)

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