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Most important lesson learned from owning a business for 10yrs.....Businesses don't want loans, they want customers with money in their pocket willing to spend it!...on a continuing basis.
'Old Gray Mare'?
#Yep. I tell my students “Operating a business is easy. Think lemonade stand. Once you have the product & process figured out, you’ve got to master the sell.” Using a doe-eyed puppy or a cute child can help with that
This tweet made my morning. Thank you!
A basic principle: people must have earnings for economies to work! Tell that to @Lagarde, the @IMFNews and @the_IDB; since they emphasise fiscal health OVER economic prospects! @thereselmm @KPTurnquest @DrAndreHaughton @AvinashPersau15 @scmallaby @AndrewHolnessJM @EstonianWorld
And small businesses like it when minimum wage boost give their customers more $$ to spend.
The longer we've ignored US poverty, the wider it's grown. Consumer purchases fall, fewer products need to be made, fewer workers are needed -- more people in poverty. Turning into third world labor state selling some goods to the more advanced nations.
Note to Government - Never try to reduce poverty. Only work to increase productive opportunity.
Why is there even a debate at this point? This should just be common knowledge. Sung in canon
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