It’s been said before, but it’s worth rubbing in the fact that every economic recovery since Reagan started with small business. The numbers suggest that small business is getting killed. Commercial and industrial loans are still shrinking at the fastest rate on record. I just posted the charts over at the Inner Workings blog. Today’s unexpected drop in new home sales underscores the continuing weakness in the consumer sector.
YOU MIGHT ALSO LIKE
Rome and the Church in the United States
Archbishop Michael J. Curley of Baltimore, who confirmed my father, was a pugnacious Irishman with a taste…
Marriage Annulment and False Mercy
Pope Leo XIV recently told participants in a juridical-pastoral formation course of the Roman Rota that the…
Undercover in Canada’s Lawless Abortion Industry
On November 27, 2023, thirty-six-year-old Alissa Golob walked through the doors of the Cabbagetown Women’s Clinic in…
