Originally posted by eric
First of all my statement has nothing to do with government regulation, which by the way costs small to mid size business astronomical amounts of money for compliance, and I would be more than happy to supply the national figures. I don't think I need to explain the detremental effects on the economy which these regulation procure.
Recessions are cyclic events which no government call possibly prevent, it is a unavoidable consequence of a capitalistic economy. People need to understand this and wisen up and become more responsible in their financial management ! During the Regan years when money was free flowing thru the economy how many people honestly planned for when the party was going to end, which inevitably it must.
Business is dynamic and fluid, and because of global communications and technology a paradigm shift in global economics has occured. It is up to us, the people, to come up with new ways of doing business, we must not rely on Uncle Sam !