LOUISIANA FORUM
By Camille Moran
Wall Street’s collapsing house of cards brought us a time of economic turmoil that most of us have not seen in our lifetimes. Patching the house of cards back together, though, will not bring us lasting recovery.
When will Washington realize that Main Street needs true financial reform and not just piecemeal crumbs dubbed as reform by Big Business and Wall Street? When will Washington realize it is small business that drives our nation’s economy – that without that entrepreneurial spirit, the wheels of our country’s economic system would no longer turn?
Had there been adequate rules in the past, there is a good chance the Great Recession would not have occurred, or at the least, have been less severe. This would have meant less pain for small business owners, with far fewer business failures, home foreclosures and job losses.
When will Washington realize that Main Street needs true financial reform and not just piecemeal crumbs dubbed as reform by Big Business and Wall Street? When will Washington realize it is small business that drives our nation’s economy – that without that entrepreneurial spirit, the wheels of our country’s economic system would no longer turn?
Had there been adequate rules in the past, there is a good chance the Great Recession would not have occurred, or at the least, have been less severe. This would have meant less pain for small business owners, with far fewer business failures, home foreclosures and job losses.
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