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Response to TakeALeftTurn (Reply #6)

Fri May 31, 2013, 08:29 AM

10. And you probably won't hear anybody talking about it, especially the Reich-wing.

 

The Wall Street economy won.

Government won't enforce laws that major players break, no matter how egregiously, so there are ever shrinking chances of competing with them successfully, so there is less willingness to invest in the start up because the investors don't want to lose their investments. State and local governments, after giving away the farm to the corporations and thus, faced with decreasing revenues, are squeezing small businesses more and more to make them up.

Couple this with the fact that the number of individuals with sufficient assets to self-finance a small or even micro business is still falling and you have a negative feedback loop.

Nobody in power is working for us, there is no longer any refuge or support for people or businesses that are not the plutonomy.

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Arrow 23 replies Author Time Post
TakeALeftTurn May 2013 OP
HiPointDem May 2013 #1
MannyGoldstein May 2013 #2
Fearless May 2013 #19
Turbineguy May 2013 #3
JHB May 2013 #4
TakeALeftTurn May 2013 #5
TakeALeftTurn May 2013 #6
LineLineLineReply And you probably won't hear anybody talking about it, especially the Reich-wing.
Egalitarian Thug May 2013 #10
TakeALeftTurn May 2013 #11
Egalitarian Thug May 2013 #12
HiPointDem May 2013 #15
SoCalDem May 2013 #7
TakeALeftTurn May 2013 #8
SoCalDem May 2013 #9
ctsnowman May 2013 #13
HiPointDem May 2013 #17
ctsnowman Jun 2013 #23
4Q2u2 May 2013 #14
marmar May 2013 #16
og1 May 2013 #18
hrmjustin May 2013 #20
uppityperson May 2013 #21
mountain grammy May 2013 #22
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