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Where's the bailout for everybody else?
This entry was posted on 1/30/2009 2:29 PM and is filed under Corporate, General.
I was looking on the Internet the other day and came across this somewhat older article about how a business was forced to close after a bridge collapse. While it is common sense to most small business owners that something could happen that would force them out of business, it seems unfair that the government does not provide support to local, small businesses, especially when the apparent cause of their loss results from a faulty bridge built by government contractors.
In a time when governments are just handing over money to large, American automakers, there should be some support for small businesses. The American automakers couldn't compete with foreign products; it's nobody's fault except their own. They developed the leasing schemes, they developed the business model, and most importantly, they developed the substandard and unsellable product. In the case of the Minneapolis business, the closure was the not the result of any mis-management on their part, but on poor government work.