Create jobs and normal employment level? Easy

Target low interest money to small businesses where jobs are truly created.

Allow low interest money into the hands of the Goldman Sachs types and the hedge funds
and what do we get? Last time around it was bubbles that broke our backs in real estate,
debt, jobs, housing, banks, Wall St, and our economy in general.

Already the Big Corporate Money Billionaire Bosses are back at it, creating bubbles in wheat,
oil, commodities in general, farmland, according to a report on BBC the other night. These Big
Corporate Money Billionaires do this with cheap money at our expense.

Plus, there is not good reason on earth we should be giving these guys tax loopholes
and breaks like reduced capital gains taxes for ordinary income, unless we want to create more national debt.

What I need is customers with money.

reliable employment and paychecks. I sincerely hope we all get what we need.

Lets say businesses get low interest loans, hire more people and produce more goods and services that nobody will buy?

Corporations are sitting in record profits and are still not hiring. That should tell you all you need to know....as if giving them more tax breaks to increase their bottom line is gonna make them hire more people. Money in their coffers is not the problem. The problem is similar for small businesses as well.

The problem is demand.

demand comes from people having jobs. We need our tax policy bent to encourage job creation at all levels, small business to corporate, and away from "trickle down" idiocy and outsourcing.

If you're a business owner, would yo hire more people to produce when you already have ample supply?

According to a recent study by the Census Bureau and the University of Maryland it is NEW businesses that account for most job growth during recoveries. True, most new businesses are small. But the most important point is that most new ventures don't end up surviving more than a few years. That's why it is critical that they be financed with Equity rather than with Debt - even low interest debt!

Consider a bank that lends money to 100 new businesses. Suppose that 95 of those businesses end up not being able to pay back the loans. What happens to the bank? Kaput.

Consider a venture capital investor financing the same 100 new firms with equity investments. The profits from the 5 successful firms have a good chance to outweigh the losses taken on the other 95 that ended up going bust.

So encouraging banks to lend to New businesses is a BAD idea. As was encouraging banks to lend to people with lousy credit and no verified income. Bad, bad, bad idea.

So don't think about how to amp up small business nut rather how to rev up NEW businesses!

cottage industry, and seed larger endeavors by local people.

buying Faso-corporate products sucks the money out of communities. the government used to subsidize that loss with Welfare.

http://sociology.ucsc.edu/whorulesamerica/power/wealth.html
the richest 1% hold 42% of the nations financial wealth, 6 times what the bottom 80% hold, so the richest 20% hold 93% of financial wealth. :wow: the top 5% holding the lions share. this is the cause of the recession, and the Great Depression.

what are the odds of that happening honestly.?:shrug: