“Sooner or later, when interest rates go up and business suffers, the bill will come due for this Administration’s short-sighted policies
I’m no economist, but I keep wondering, ‘Where is Ross Perot when we need him?’ The deficit is big, and yet we keep spending while simultaneously cutting taxes. The government tells us that the tax cuts are working. Consumer spending and business investment are up, and jobs may not be far behind. But I have a sneaky suspicion it’s really the spending that’s doing the trick. ”
– Whether you are a Democrat, Republican or Independent this has got to be bothering you too. The economics of it all just don’t make sense. As a small business owner you need to make your voice heard. Whether it is to oust the current U.S. President or to force change, we should all make an effort to fix this problem (join the NFIB). In any case make sure you adjust your business plan to take into account rising interest rates. -ed.