How well did the economy do in February? According to a recent Time Magazine article, retail sales rose strongly, signaling that recession-weary shoppers may finally be opening their wallets. The revival of the US consumer in recent months has been cheered by economists as a sign that the recovery is on a more solid footing. [...]
It all seemed so promising… Last year, Senator John Kerry’s Small Business and Entrepreneurship Committee managed to not only save several small business loan programs that were effectively reduced or completely nixed under the President’s proposed 2009 budget, but they also managed to secure over $100 million in additional funding. This additional funding was supposed [...]
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