Sunday, April 4, 2010

Larry Summers: "Small business is in a quiet depression."

This morning on CNN  Larry Summers, President Obama's chief economic adviser stated that "Small business is in a quiet depression."

Not only is this true, but blamed has to be laid at the very Obama Administration policies that Summers is promoting. You can't take hundreds of billions of dollars and re-direct them to investment bankers, like Goldman Sachs, and the auto industry, and not expect a huge impact in some other sector of the economy. It turns out that other sector is small business/

No comments:

Post a Comment