Friday, December 24, 2010
MORE YEARS wandering in the desert.
Small businesses, like my 53-person outfit, see no reason whatsoever to do anything but hold tight to our cash for the next two years.... This is not fear; rather it is a rational business approach to having low confidence in future conditions.The next election is only 2 years away. Will business continue to sit on the sidelines? I fear they will unless the next Congress aggressively moves against the current administration.
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