In my little town I am watching great restaurants and mom and pop shops that have been around for years announce they are closing for good. They simply cannot weather 4 - 6 months of little to no business - particularly during their busy season.
The Fed injection may have helped the big guys but the little guys are suffering and you can be sure they are not participating in the stock market "windfall". Its a messed up economy when 3T does little for the small businessman while the Private Equity folks will be just fine.