Aiding small businesses could be a gamble because they have a poorer record than large corporations when repaying loans; it would be the riskiest government investment so far under the bailout plan.
How much more debt can the government just keep piling on itself before the whole "house of cards" comes tumbling down?
And while I do believe this quote from the article, ...
"If we are going to move out of this recession and into recovery, it's going to be small businesses that leads us,"
I just think this is too risky.
There's a lot of small businesses that could use a loan right now, but there are also a lot of small businesses out there that, even with this new "loan proposal" will fail, leaving the government (read "the taxpayers") to pay off the loan.
Just seems like a pretty risky idea to me when the country is already trillions in debt.
www.washingtonpost.com
(visit the link for the full news article)
[edit on 7/11/2009 by Keyhole]

