On Fri, Jun 4, 2010 at 10:46 PM, Eric Roberts <[email protected]> wrote: > > It's slowly gaining, but at least it is gaining. They are pretty > screwed...the hostile business climate was created by the financial crash > from years of deregulation on both sides. The lack of jobs coming from small > business is due to the fact that the small banks aren't lending to small > business. The money that went to the big banks was supposed to trickle down > to the small banks, not disgustingly large bonuses to executives. I think > Bush gave it the coup de gras with all of the uncontrolled spending and a > tax cut for the rich. Unfortunately that forced more spending to control > the freefall.
Everyone in government since the Great Depression owns a share of the blame for our current mess. Republicans like to say they are fiscally responsible (and of course blame Bush for being a closet liberal spender), but the truth it none of them has done a f#cking thing about the long term viability of Medicare or Social Security. Well, that's not true, Reagan did make some adjustments that staved off the inevitable, but even he was unable or unwilling to provide a true fix, one that would keep those programs solvent without breaking the bank. As for the lack of jobs being created by small businesses, lending is a problem, sure, but the real devil is the uncertainty of the business climate. No one knows from day to day, week to week what the President or Congress is going to say or do about taxes, spending, or regulation. As a small business owner, why would you do anything other than hunker down and hope for the best right now? Just imagine if cap and trade were enacted. I wonder how many jobs would be lost if cap and trade were enacted. And yet Democrats would pass it tomorrow if they had the vot ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:320355 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
