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One of the things that I think Tim will testify is that basically at least every other day I ask him, what are we doing to help credit flow to small and medium-sized businesses?
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But REIT executives say the outlook is positive and point to strong dividends, cash flow and demand from small to medium-size tenants.
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But content is a flow medium, and attempts by the print-driven mindset to control the experience have mostly failed.
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At the same time, this exercise in credit allocation (the housing market is getting some help here, too) is depriving small and medium-size businesses of a reliable flow of credit, which, in turn, is having increasingly destructive results on growth, innovation and job creation.
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