Debt Ceiling Debate Sows Fear Among Small Business Owners

July 30, 2011

NEW YORK -- Michael Gardner, owner of Siegel's Clothing Superstore & Tuxedos in San Francisco, has written orders for underwear and socks, but he hasn't sent them. He wants to hire a part-time worker, but he has put that plan on hold. Earlier this month, he said, a drop-off in demand almost caused his mail-order business to grind to a halt.

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