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Turnaround Management Association
Turnaround Pros Put Job Creation, Tax Cuts, and Unfreezing Credit at Top of New Administration's 'To-Do List'
January 18th, 2009
The most critical task for the Obama administration, according to members of the Turnaround Management Association responding to an annual forecast poll, is to take steps that will overcome consumer fear and credit paralysis. "Any form of positive movement is the most important thing," said Thomas S. Henderson, a Houston bankruptcy attorney and TMA Board member. "Everyone is in a state of malaise, and that won't change until something is done to inspire people." Most respondents to the Trend Watch poll put job creation, tax cuts, and freeing up credit as the top three means to jumpstart the U.S. economy. "If the government issues...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-18)
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