As President Barack Obama prepares to unveil a major jobs plan before a joint session of Congress Thursday night, businesses, the jobless and the nation will look to Washington for leadership to stimulate a languishing economy.
The recovery has been anemic. In August, no new jobs were added, and unemployment has been stubbornly high throughout President Obama's administration.
John Hibble, co-executive director of the Aptos Chamber of Commerce, said small businesses are still having a tough time getting loans. Credit is the lifeblood of business, but banks aren't lending, making it tougher to start a company, expand an existing one or mitigate cash flow issues.
"A solid company may have times when they need to meet obligations and they require a loan, and those are increasingly harder to come by," said Hibble. "That needs to change if we really want to see people starting to hire again. Businesses need to get a hold of cred