Small Business Lending Returns to Historic Highs

This came up on another thread.

May is small business month so for now, we get a trickle news the headlines don’t usually cover because they don’t mean much to John Q Dilbert.

You can credit Donald Trump or credit concessions his opponents negotiated out of him or credit Obama or credit the end of racism I don’t care. (I credit something else.)

Small business optimism is up,
Lending to small businesses is up,
and a somewhat self-celebratory piece by a business guru in Forbes magazine has declared RIGHT NOW to be THE BEST TIME EVER to start a small business.

Business Wire:
Small Business Lending Shifts into High Gear
U.S. Small Business Lending Expands for the Fifth Straight Month

April 04, 2018 09:00 AM Eastern Daylight Time
CHICAGO–(BUSINESS WIRE)–Small business lending improved again in February, according to the latest Strategic Insights Report from PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index (SBLI) rose to 144.8 in February, its second-highest reading in history

There’s Never Been A Better Time To Be A Small Business

Woohoo! More debt. Nothing says booming economy like having to pay back MORE money to the central bankers.

In theory the business owners know theur businesses at least as well as “some poltical guy on the www” knows their business.

If they are too dumb to make business decisions who should we appoint to make decisions for them?