In response to:

The Other Spending Cliff

Roseann9 Wrote: Jan 09, 2013 9:56 AM
Thank the morons that voted for this guy.

For any number of reasons, not the least of which is the inability for news outlets to focus on more than one simultaneous crisis, as public attention turned to the Fiscal Cliff telenovela, many are missing another serious economic threat: the small business spending cliff.

In the to and fro of election-season coverage, little attention was paid to Gallup polling figures that showed small business owner confidence has cratered.

The numbers are ugly, indeed: One in three small business owners expect their company's capital spending to decrease over the next 12 months (the highest recorded since July 2010); Three...