Most of the help has been in the form of supporting loans, but we’re not looking for loans right now. We’re not looking to heavily invest in equipment. We’re just trying to keep our doors open.
Kelli Glasser, president of Dayton, Oh.-based Exhibit Concepts • On the struggles she’s faced in trying to keep her small business alive during the recession. CIT Group’s near-collapse after the government chose not to bail them out left many small businesses in danger of being unable to leave their doors open. And while large companies get all the headlines, small companies still make up 99.7 of ALL employers in the U.S. • source
My expectation is, is that we will probably continue to see unemployment tick up for several months. And the challenge for this administration is to make sure that even as we are stabilizing the financial system … are people able to find good jobs that pay good wages?
President Barack Obama • Regarding the ticking-ever-higher unemployment rates, which have been a thorn in his side lately, but not one he’s unwilling to take head-on. He’s on his way to Michigan, a state with 14.1% unemployment, to talk about some economic job-type stuff. That’s right, we live in an industrialized nation where a state has 14.1% unemployment. Insane. • source