Does Your Business Need Improved Access to Credit?

In his column in today’s New York Times about the Obama Administration’s financial rescue plan, which is being sold, in part, as a way to fix the markets for small-business lending, David Leonhardt asks a rhetorical question: “Do you know many people who want a loan and can’t get one?” His answer: “Probably not… Indeed, if you try to come up with a single prominent victim of the credit squeeze on Main Street—as opposed to victims of the recession—you will have a hard time.”

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