Here’s more on the NON Credit Crisis.
NFIB’s monthly member survey says there’s very negligible damage thus far.
Other data indicate the economy’s in better shape than during a similar crunch in 2001.
According to the NFIB’s survey, the No. 1 issue among small business owners is inflation. Of those surveyed, 18 percent said rising prices, from surcharges and higher fuel prices to rising utility bills and higher materials costs, is their biggest worry. “It’s coming in the back door,” says Dunkelberg.
We’ll see what kind of full court press hits Congress tomorrow. One thing’s for certain. The American automakers are already lining up with their hands out hoping for their own multibillion dollar bailout.
Oddly enough, the number $700 Billion is actually only half or less of what Obama’s economic plan calls for.
One thing’s becoming apparent, Congress is willing to spend money like there’s no tomorrow but the constituents are saying “Heck No!”
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