Monday, July 30, 2012

The New Endangered Species - Small Businesses

I'm sure all fourteen of you saw the awful GDP numbers released last Friday that show an increase of only 1.5% for the second quarter of this year. This figure will probably be revised downward in an "unexpected" way in a few weeks.

This figure is a bit less optimistic. We lost some 200,000 small businesses from 2008 through 2010.

But remember, comrades, that the "private sector is doing fine" and that Obamanomics "worked."

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