Bail Out and Small Businesses

Re: Bail Out and Small Businesses

I think we should see some relief but I would not expect much at least they are not going to raise our taxes. I would like to see what they are going to do about health care but that may be down the road a bit.

Re: Bail Out and Small Businesses

I think short term we will be ok or slightly better but long term with the taxes he is planning on wealthy business owners we will have some issues

Re: Bail Out and Small Businesses

I think the government is more concerned about the people who were stupid enough to over extend themselves and the banks who were corrupt enough to give them the load

Re: Bail Out and Small Businesses

I think it's going to be along difficult road ahead. Obama wasn't my choice however I hope he turns out to be the best answer for our countrys situation. I too would like to see what comes about in the health care issues. I'm hoping he somehow makes it easier for everyone to afford a college education. I'm not happy about the so called bail outs, as I've always lived by the rule "You made your bed, now sleep in it" and I don't see anyone coming to our rescue if we live higher than our means and screw up.

JPG

Re: Bail Out and Small Businesses

Personaly I myself don't believe in welfare much less than any corperate variaty. As ye e sow so shall ye reap. The only purpose I can see in it is to prolong the demise of some to prevent a sudden collaps of any markets but only long enough so that other buisnesses that did not partake in unethical practices can step in and fill the void left behind.

However that did not cover the question.

I have serious doubts that many short or long term benifits for small businesses will emerge from any of this administrations "bail out" funds. Primarily due to the fact that a large portion is slated for special intrest groups such as acorn which is a political activist group that regularly engages in illigal much less immoral and unethical practices. I concure that this is just one specific instance but it displays where Obama's focus is.
I also don't believe that sustaining mega corperations will benifit us much due simply to the principals of trickle down economics. First it will go to the corrupt, then whom ever the corrupt chooses to do business with (can you say kick backs), and from there it will spread to smaller and smaller businesses. Diffused and dwindeling each step of the way. It's impossible to guess how much will end up in some corperate executives pocket or spent on overly inflated services but safe to say that it will most likely not be enough to make a substantial differance to our incomes.
Our time would be better spent concieving of ways to bennifit from the economy that we have. This will do more for us and the economy than any ill spent government handouts.
"Where most people see problems; a shrewd man see's opportunity"