Description: President Barack Obama called small businesses the â€œengineâ€ of the U.S. economy and said too many are still struggling to get the credit they need to operate.
Questions for discussion:Â
- Why would banks be slow to provide more credit to small businesses at this time? Explain your answer.
- Do you think banks are being prudent in their caution to lend to small businesses?Â
- WhatÂ do small businesses typically finance through bank loans?
- How can government encourage greater borrowing by small businesses?