Small Business News You Can Use (2/28)

Obama’s Job Creation Tax Credit: Cool Idea, Bad Policy

A tax credit? For small businesses? To create jobs? And raise wages? Wow! What a great idea! What’s not to like? More...


New-Home Sales Decline

WASHINGTON—Sales of new homes fell in January as more Americans bought previously owned property amid an uncertain economic climate.


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More Borrowing, But Less Consumer Debt

Two-thirds of the economy comes from consumer spending, so banks making it easier for consumers to borrow is a plus for growth.

There’s good news and bad news on the consumer credit front. On the positive side, consumer lending is on the rise and will likely climb by at least 3% this year. And make no mistake, in a sluggish economy, with export growth decelerating, state and local governments cutting back and federal stimulus funds dried up, more borrowing -- and more spending -- by consumers is good news, at least in the short term. More...


This Is Small Business in America: Burdened, Crushed, Doomed

Charles Hugh Smith, Of Two Minds

If you make it increasingly costly and risky to open a small enterprise, then no wonder unemployment remains high. More...


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