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Tag Archives: economic recession

There’s no deal better than a temp deal

As Europe forces austerity on debt-ridden Greece, our leaders hesitate to force austerity — and fiscal responsibility — on debt-threatened America. Talks in Washington last week focused on how to avoid the fiscal cliff and it’s forced austerity, not how to use it as leverage to pass a painful, long-term solution to our staggering debt crisis. Republicans talked about avoiding ...

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Growth, like alcohol, is best in moderation

By Brian Sullivan The U. S. recovery since 2009 has been muted. In fact it is the slowest recovery since World War II. The slow pace has meant fewer new jobs created and a higher unemployment rate. Economists’ expectations for the remainder of this year and next are for more slow growth. Slow growth is not all bad. Slow growth ...

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SBA guaranty loan amounts surpass pre-recession levels

Business lending in Mississippi backed by the U.S. Small Business Administration ended the year in amounts higher than pre-recession 2007, the SBA reports. The agency backed more loans in 2007 — 623 — but the amount of those loans totaled $107 million, compared to fiscal 2012‘s $132.4 million. The SBA guaranteed 442 loans in the fiscal year that ended Sept. ...

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Private business facing another year of cloudy fiscal outlook

It’s often been said it takes a lean dog to run a long race. And with that in mind, staying lean is a likely survival strategy for Mississippi’s private businesses heading into 2013. Even companies with fat cash reserves are keeping lean, preferring to horde their money until signs of an economic turnaround become clearer. They’ll stay that way until ...

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Ramsey sticks to his principles

Financial consultant talks about the economy, the oil spill, Fox and more In the last decade, personal finance counselor and motivational speaker Dave Ramsey has grown from an afternoon radio host into a straight-talking money guru for the American middle-class. His low opinion of materialism, big government and the credit card industry has earned him friends and enemies from the ...

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