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Sunday, March 6, 2011

WHAT'S IN STORE IN THE IMMEDIATE FUTURE

WEATHERING THE STORM

It isn't a matter of just weathering the storm, but rather, surviving the economic downturn, anticipating where it will lead us and constantly adapting.
"What lies behind us and what lies before us are tiny matters compared to what lies within us." ~Ralph Waldo Emerson

Let's face it, the private sector is very apprehensive and reluctant to make significant moves. Cash is "king" and those who have it want to hold onto it. In the meantime, the fed is dumping money into a money pit and driving up an already out of control deficit. Accountiability regarding where the expenditures are winding up is still sketchy. Furthermore, I feel it is misdirected; Albeit developing our infrastructure is necessary and very important. However, creating more federal jobs is not the solution. In fact, I think we should go in the opposite direction and downsize the federal jobs, as they are a drain on the economy. Larger government is not the answer! Government does not create jobs, goods or services.

It is no mystery to anyone that has the intelligence to assimilate what is transpiring; The administration was extremely slow to respond to the economic downturn; Out of touch with the needs of the country; Focused on pursuing their own agenda; Continued to spend money that we did not have; Did not have a coherent or meaningful plan to rectify the economic maladies and reel in inappriate expenditures and ear-marks. During all of this, the U.S. should have put immediate and intense emphasis on supporting business in the United States to therebv create more jobs in the private sector. I believe our current administration is really missing the ball, here.
The focus should be on fostering small businesses and encouraging their growth. Private businesses are what generate the revenue to support our infrastructure. When lending, taxation and a stalled economy are what we have to contend with, the future looks bleak in that context. It really boils down to two conditions:
1. As Americans, we always proven to be incredibly resourceful, dynamic and creative. If afforded the room to exist and grow, we will do so.
2. Strangulation and constraint - If the government does not actively and immediately shift gears and support small business and industry and mitigate the trade imbalance we face with other countries, the damage will be irreparable. In fact, some claim it already is such a situation.

We are admonished to never give up. Continue to forge ahead. Be creative. Be efficient. Be engaged. Form teaming partners. Share resources.
"When written in Chinese the word "crisis" is composed of two characters - one represents danger and the other represents opportunity." ~John F. Kennedy, address, 12 April 1959


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