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
The Church in the Age of Therapy
In 1966, Philip Rieff wrote in The Triumph of the Therapeutic that “Religious man was born to…
Canada’s Deadliest Blind Spot
On September 20, the Daily Mail ran a story with the provocative headline, “Our 83-year-old Christian grandmother…
The Faithful Joy of Dolly Parton and Fulton Sheen
Dolly Parton and Fulton Sheen seem to have had little in common. She favored rhinestones; he wore…
