It’s worth repeating: Banks are not making sufficient loans to small business, even when they have the ability to do so. They make more money these days by borrowing cheaply from the Federal Reserve and investing in government bonds.There is political meddling and too strict bank supervision adding to the confused picture.
Some banking groups are complaining that they have the money to lend, but with few takers because of the poor economy.
Too many lenders are still hesitant about extending loans they once more readily made.A solution? Clearer tax laws would help.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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