Tuesday, July 6, 2010

SBA Lending Drops 50% in Q2 2010

Q2 2010 SBA lending has dropped by roughly 50% compared with Q1 2010. The major cause? The government stimulus money designed to fund small business lending guarantees has been depleted. This can be interpreted in one of two ways. One might argue that Obama should/could allocate more funding to put up as collateral for SBA […]

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Obama Job Growth

“President Barack Obama on Friday said he recognizes the economy isn’t growing fast enough, as a report showed job losses in June and a broad slowdown. Nonfarm payrolls fell by 125,000 last month as 225,000 government workers hired for the 2010 census lost their temporary jobs, the Labor Department said Friday. Only 83,000 private-sector jobs […]

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