Tuesday Links: Fading Manufacturing

A trade group says roughly 15% of tooling and machining companies closed doors last year, reports WSJ’s Kris Maher. The industry wants federal loan aid and faster payments from customers like GM.

Time’s Barbara Kiviat contemplates whether small businesses will be able to borrow when credit demand returns.

USA Today columnist Steve Strauss says the health care bill, while not great, beats doing nothing.

A Goldman Sachs economist says health reform, combined with the jobs bill, could boost small business hiring this year, Bloomberg’s Courtney Schlisserman reports.

HBR’s Umair Haque hypothesizes that social media is a bubble creating superficial relationships with little value.