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Paychex Warns About Small Businesses

I own a small business with about a dozen employees, down from about twice that many a few years ago. Sales are a little slow, but the big change in the past six months is too many customers (some big ones) aren't paying the bills they owe us. Government is pouring enormous amounts of money into the largest banks which produce nothing these days except credit scams and horded money. So, that money is essentially wasted. Congress made the auto exec's crawl like worms in order to give them a relative pittance compared to banks. Yet, the auto companies at least produce something worthwhile. Meanwhile the productive part of the economy (medium sized and small businesses) fall under the policy of TOO SMALL NOT TO FAIL.

On Jan 06 06:05 PM curbs-in wrote:

> Judy,
>
> Excellent...
>
> Small business has been overlooked in this whole crisis. Small business
> is (or was) responsible for most of our country's job growth for
> several years.
>
> The Fed should do something SMART (if they can do anything that would
> be considered smart) and pump a lot of those TARP $$$ through the
> SBA -- PLUS give small business a BIG tax break. I think it would
> be wise to give the self-employed a tax break too -- it would encourage
> those who are out of work to engage in entrepreneurial activities.
>