Well if anyone interested I don’t think the S&P downgrade of US Debt bonds nor the Debt ceiling knock down drag out did US in. We have heard it a thousand times before from every corner that the USA economy is made or broken by small business. True or not we all believe it. It is also clear the US government is out of and shrinking the good jobs. You need only remember the last space shuttle and the thousands of NASA engineers and scientists , or the thousands of FAA jobs or contemplate what will happened if the defense takes the extra ½ trillion cut if the supper commission doesn’t get it done followed by the Congress and the President. OK “small business” it up to you. If you got a small business expand it or if you got a good idea start a small business. … Well I think small business took a look at the problem and decided that it couldn’t do it. Where is the customer that needs something and has money to spend for that new good or service? The customers with disposable income are just not there. There is money to be made by increasing efficiency on things we are already buy but a small business is up against some stiff established competition. Someone can come up with some new products made from cheap US dirt but a small business doing that enough to make a difference in the middle to near future? Nope not likely and I suspect most of the small business people are thinking the same. I bet the people who make money from investing are thinking the same. The economy is a complex system. It is foolish to think that one input: small business in isolation could even maintain the complex economy. Well that is what the next generation with their lost dreams and following generation with no dreams will have to forgive us for. We thought small business would do it. It could be argued it was as inevitable as all chaotic complex systems are; like inevitable the fall of cavitations. That is little comfort for workers, parents and grandparent want to be that will continue to slog through day after day or die. God if You are coming soon thank You for we were never as smart as we thought we were.
Sorry if this was depressing but they do represent the views of the author. Oh “Don’t worry be happy!”
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