tag:blogger.com,1999:blog-7781366.post6511424036060562082..comments2024-01-31T23:52:13.724-08:00Comments on Marsha Collier's Musings: Small business traditionally pulled our country out of depressions/recessions, article explains why it's not working nowMarsha Collierhttp://www.blogger.com/profile/12134719572941501226noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7781366.post-19985906210754093362010-07-14T20:42:06.261-07:002010-07-14T20:42:06.261-07:00Agree with you both, but when I started my busines...Agree with you both, but when I started my business (back in the stone age), I put up my home equity to finance my first large project. People cannot do that today. Very sad.Marsha Collierhttps://www.blogger.com/profile/12134719572941501226noreply@blogger.comtag:blogger.com,1999:blog-7781366.post-92090970693122353852010-07-14T05:07:26.665-07:002010-07-14T05:07:26.665-07:00Great post. I believe that there's another fac...Great post. I believe that there's another factor at play, though. Many employers are not hiring employees (as we know them) because they're opting for contractors. Plus, new technologies are obviating the need for certain types of employees, as I wrote about here:<br /><br />http://www.readwriteweb.com/archives/gain_a_job_loose_two_jobs_do_tech_companies_wield_too_much_power.phpPhil Simonhttp://www.philsimonsystems.comnoreply@blogger.comtag:blogger.com,1999:blog-7781366.post-36748840316673473752010-07-13T00:16:23.061-07:002010-07-13T00:16:23.061-07:00Marsha, great post its so very true. Normally, ho...Marsha, great post its so very true. Normally, housing also helps us come out. Rates go down like they are during a recession now. People refi and take cash out or lower payments and that drives up the economy. In 2006 I could see the bubble would pop. In 2007, I predicted the largest depression since the great depression. Banks are part of this too, they arent lending to small business http://www.huffingtonpost.com/2010/07/12/as-lending-to-small-busin_n_643450.html . In the end we way over built for demand and its going to take a long time to recover because the bubble popped so big. Also the real estate market has changed with this societies disposable attitudes. Mortgages will never be seen again as the great safe havens they were. Once everything is disposable in our society, so is our economy. <br /><br />@ChrisVoss<br />http://thechrisvossshow.comCHRIS VOSShttp://thechrisvossshow.comnoreply@blogger.com