...you simply think you know. The fact of the matter is that after approximately three months of going around the block with you, I am completly confident that you know very, very little to nothing about economics, the economy, finance or taxes. Still to this day, you have competely resisted to state you qualifications that supposedly makes you an expert on such things because you simply have none. I have to wonder if you have ever had even a basic economics class. You never provide sources, facts or information, simply rhetoric. The current state of economics has to do with gas prices plain and simple. The two are inextricably intertwined without doubt.
As for restaurants closing...well Roger, that industry has been oversaturated for well over a decade and but for the good economic times and the Bush tax cuts, many would have gone away in 93 and 94. Whne you have this many restaurants, they become very, very sensitive to revenue losses. Simplest of economic theories....basic supply and demand.
More tax revenues have been generated during the Bush administratin than the Clinton administration which clearly means businesses did better. If it was as you say, it would only be the US struggling. But the fact of the matter is, the whole world has been suffering with the high oil prices which is not Bush's fault and why jobs are being cut and food prices and everything else have risen. School districts cannot even afford school bus gas...why?...very, very simple Roger: oil prices. Roger, it is quite clear to me, simply, you just don't know what you are talking about.
And yes, this is a good time to start a business whether you agree or not. You raised the issue of loans...well guess what, people who start businesses don't get loans unless they put up collateral which they don't often do. People put their own money at risk nearly all the time or get private investors or money from selling stock. Start-ups are jsut not borrowing. More likely than not, they are Corey the driller. Your comments about loans clearly shows just how little you know about financing as well. But I know, Lola knows and Corey knows as we have been there and I have people contact me all the time to start businesses, most of whom realixe they are undercollateralized and opt to save more money.
Face it Roger, you are a politrixian parrot.