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wow you are really on a little tantrum huh avo
It is a testiment to how messed up in the head the right is to attack a sound economic plan like getting small business the loans they have been asking for a couple of years now.
i guess the republicans couldnt find a way to stop this good move.
why do you people refuse facts?
small business has been complaining that they could not get loans for months now.
I posted links to that fact already.
How do you make things better if you refuse all information?
Again, answer the fucking question, long term... I dare you. What happens when a company gets more money to expand?
They expand.
You forgot about what happens if they succeed.What happens when there is not enough demand for their product... Then what happens when the company folds? Sounds like 1995-2008 all over again
Its harder now than its been in a while.
41% of small businesses cannot get adequate financing.Now when demand is at an all time low because people are spending so little due to high unemployment and high costs of living why would expanding your business be important?
Small Business Can’t Get Loans From Bailed-Out Banks - Businessweek
How many small businesses are maxed out on output because of such high demand?
Its really amazing that a chicken and egg dilemma can fuck your head up so much.
We can't have new jobs without demand - we can't have demand if people don't have jobs - OMG lets just throw up our hands and give up. - The Republican Way
It is a testiment to how messed up in the head the right is to attack a sound economic plan like getting small business the loans they have been asking for a couple of years now.
i guess the republicans couldnt find a way to stop this good move.
TM, you should know what the SBA deems a 'small biz'
~S~
Manufacturing: Maximum number of employees may range from 500 to 1500, depending on the type of product manufactured;
Wholesaling: Maximum number of employees may range from 100 to 500 depending on the particular product being provided;
Services: Annual receipts may not exceed $2.5 to $21.5 million, depending on the particular service being provided;
Retailing: Annual receipts may not exceed $5.0 to $21.0 million, depending on the particular product being provided;
General and Heavy Construction: General construction annual receipts may not exceed $13.5 to $17 million, depending on the type of construction;
Special Trade Construction: Annual receipts may not exceed $7 million; and
Agriculture: Annual receipts may not exceed $0.5 to $9.0 million, depending on the agricultural product.
Again, answer the fucking question, long term... I dare you. What happens when a company gets more money to expand?
They expand.
You forgot about what happens if they succeed.
Its harder now than its been in a while.
41% of small businesses cannot get adequate financing.
Small Business Can’t Get Loans From Bailed-Out Banks - Businessweek
How many small businesses are maxed out on output because of such high demand?
Its really amazing that a chicken and egg dilemma can fuck your head up so much.
We can't have new jobs without demand - we can't have demand if people don't have jobs - OMG lets just throw up our hands and give up. - The Republican Way
I'm not a Republican dumb ass...
All you are doing is transferring debt from one program to another.
We don't need loans....we need customers.
They expand.
You forgot about what happens if they succeed.
Its harder now than its been in a while.
41% of small businesses cannot get adequate financing.
Small Business Can’t Get Loans From Bailed-Out Banks - Businessweek
Its really amazing that a chicken and egg dilemma can fuck your head up so much.
We can't have new jobs without demand - we can't have demand if people don't have jobs - OMG lets just throw up our hands and give up. - The Republican Way
I'm not a Republican dumb ass...
Great, then you agree with the rest of the post.
WHY must it come from TAXPAYERS? Here's a thought? Get RID of excessive taxation, excessive regulations and let the free market breathe FREE again?Treasury Approves $4.3 Billion for Small Business Lending Fund - Bloomberg
The Obama administration has supported 17 tax breaks providing tax relief of more than $50 billion for small businesses, Don Graves, the Treasurys assistant secretary for small business, wrote in a blog posting Sept. 2. Small businesses employ about half the workforce and account for 60 percent of gross job creation, Graves said.
Im sure the cons will hate this one for SOME reason
We don't need loans....we need customers.
It is a testiment to how messed up in the head the right is to attack a sound economic plan like getting small business the loans they have been asking for a couple of years now.
i guess the republicans couldnt find a way to stop this good move.
The Treasury has completed more than $1.8 billion in funding for 130 lenders, according to a department white paper obtained by Bloomberg News today. Of 932 applications received, more than 40 percent “failed to meet minimum statutory or program requirements and therefore could not be approved,” the Treasury paper said. Those requirements include size of the bank and whether it had missed dividend payments.
The small-business lending program was set up in September 2010 by Congress and the administration of President Barack Obama to provide low-interest capital injections to community banks that increase their lending to small businesses. The program permits them to use the new capital to refinance their Troubled Asset Relief Program debt.
We don't need loans....we need customers.
If there are no customers, pray tell, why do they need to hire?
You need people to buy stuff and the demand creates a reason to expand your business.
Demand is flat or nonexistent
Treasury Approves $4.3 Billion for Small Business Lending Fund - Bloomberg
The Obama administration has supported 17 tax breaks providing tax relief of more than $50 billion for small businesses, Don Graves, the Treasurys assistant secretary for small business, wrote in a blog posting Sept. 2. Small businesses employ about half the workforce and account for 60 percent of gross job creation, Graves said.
Im sure the cons will hate this one for SOME reason
Seriously?
Answer the fucking question or get the fuck out IMO.
I fucking dare you to answer it.
Its pretty fucking easy. To expand a business and make new jobs you need capital. A business loan is a way of obtaining capital. Please stop being stupid.
The small-business lending program was set up in September 2010 by Congress and the administration of President Barack Obama to provide low-interest capital injections to community banks that increase their lending to small businesses.
Of 932 applications received, more than 40 percent failed to meet minimum statutory or program requirements and therefore could not be approved, the Treasury paper said. Those requirements include size of the bank and whether it had missed dividend payments.
I'm not a Republican dumb ass...
Great, then you agree with the rest of the post.
How about this...
When the economy still sucks, you go fuck yourself because we told you this was bullshit in the first place. Just like with the Stimulus, TARP and Obamacare.
We don't need loans....we need customers.
If there are no customers, pray tell, why do they need to hire?
You need people to buy stuff and the demand creates a reason to expand your business.
Demand is flat or nonexistent
Agreed, demand-side policies are what're needed now to fight unemployment and promote growth. The question is how you balance that need for expansionary policy with the opposing push for deficit reduction--right now--currently sucking up most of the oxygen in Washington.
