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Seattle Business Coach / Seattle Leadership Coach / Seattle Personal Coach
Seattle, Washington
Seattle, Washington
Posted by Hsuan-Hua Chang, PCC, MS, Seattle, Washington | Oct 03, 2008
Will $700 Billion bailout plan help your biz?
I am curious what your thought is on the impact to your business if $700 Billion bailout plan is passed.
3 Bizniks have posted replies
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Posted by Hsuan-Hua Chang, PCC, MS, Seattle, Washington | Oct 03, 2008 -
Posted by Hsuan-Hua Chang, PCC, MS, Seattle, Washington | Oct 03, 2008
Bailout was passed by House!
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Posted by Paul McFadden, Bellevue, Washington | Oct 03, 2008Not immediately. The credit problems have caused businesses to cut back and actually lay off workers. As Warren Buffett said yesterday, the bailout was needed but the turnaround won't be immediate. I expect next year to be slightly better than this but it may be 2010 before things start looking up again.
Paul
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