Originally Posted by kap17
People on "main street" have no idea how payrolls are financed and that most of them are on credit. They'll cry when they find out that because they didn't want to bailout the banks, the company that they work for can't pay them because they can't get a loan from those banks.
What??

Given that most people are paid every two weeks - employers are borrowing money to pay their employees?

The payroll monies are coming from loans and not because the company has sold enough goods and services to pay its employees?

If this is the case, then the company needs to go out of business.

That's like me borrowing money to pay my bills.

Contrarian, extraordinaire