American Recovery and Reinvestment Act -- Sufficient Stimulus?
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Erik Cagle
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The one glaring omission from the package, which Margolis feels would make a tangible difference, is the need for bank credit. “The only way to manage a company that’s losing money is to be able to borrow money to cover it. I tell printers, if they’re having a hard time, the objective isn’t to make money, but to survive the next two years. If you can survive, there will be fewer printers left, and the potential for making money will be higher than it normally would be. Survival would happen a lot easier if more credit were readily available.
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Erik Cagle
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