The Economy’s Vicious Cycle

I think the WSJ gets this wrong:

The dearth of credit for hundreds of thousands of small businesses is keeping the economic recovery from gaining momentum. WSJ’s Neil Hickey reports.

NOTE: The NFIB reports its a lack of demand, not credit, that is hurting small business activities.

And the ladder company was referencing Capital, not Credit — there is a huge difference between the two.

3/14/2010 3:30:00 PM

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