<p>My point wasn’t that the rich were cutting back and a person should feel sorry for the rich. My point was the banks are cutting back. If the banks and other financial institutions cut back and credit becomes less available, the economy’s potential is cut back. Which is one reason I don’t see a strong economy for a long time.</p>
<p>The financial institutions are out of bullets. They need to reload. This takes time. </p>
<p>My other point is banks are cutting back so much right now that they are putting too many restrictions on people who can actually pay back the loans. That hurts the economy too. That’s also poor business.</p>
<p>I hope that’s clear. ;)</p>