Charles Krauthammer pointed out that, notwithstanding presidential PR stunts, bankers don’t need their arms twisted to make profitable loans. InstaPundit chimes in:
[P]art of the problem is that small business isn’t keen to borrow or expand right now — in large part for fear of what Obama’s tax-and-health-care-and-carbon-tax policies will do to their future prospects.
They’re both right: Potential borrowers and lenders alike are hesitant now, and with good cause.
