Reply #87: I appreciate your posting of this [View All]

[truedelphi]

Part of your analysis -
Regardless, the data I found interesting is the employment trend by size of firm. While the financial crisis has forced many employers to restructure and downsize, the segment of the economy that has received the most support in terms of bailouts and other government assistance, and which has had the best access to bank loans and other sources of funding, has been at the forefront when it comes to cutting staff. In contrast, small businesses, which have been squeezed on all sides, now employ more people than they did ten years ago. ...


Like I have been thinking for quite a while, the Bailouts and the Bernanke giveaways are helping the one sector of the economy that is really not all that great on helping average Americans. It is smaller businesses that keep the economy going. And they do it without much help from anyone but themselves!