We are going to be Okay
If you are lucky enough to have a job in a stable company then go the extra step to help the company out by finding cost savings, new ideas, or just doing the job they are paying you to do. In the long run the economy will fix itself because of the American way of life. We as a people don’t like old appliances, old cars, old anything when you get right down to it. Our nation has a built in mentality that the best product on the market is what we want for our families and somebody is always coming out with the latest replacement for the 8-Track player. America is a nation of cutting edge technology on everything under the sun and other nations copy it cheaper and provide it at a better price for the average consumer. As sucky as that sounds it is the way of the world today, have you shopped at Wal-Mart lately?
Back in the 1980’s I worked for a company that was always experimenting with new product ideas. Vendors of the company participated in the experiments and out of that practice makes perfect trial and error experimental process came a product line that boomed for the company for almost a decade. Cheaper copies of the same product hit the market eventually but the company was already working on dozens of other new products by then. Ingenuity and willing to take a risk is what drives business and it isn’t always about the bottom line of today. Same goes for America, we have to reinvent ourselves every couple of decades to make sure we know that we are the land of the free and the home of the brave. If you look at all of the products made in China today, most likely they originated in the USA a decade or more ago! It’s what we as Americans do, and they duplicate and sell ten years afterward.
My two cents on the economy is that President Obama and his team are on the right track, Wall Street loved his recent news so much that the market jumped the highest percentage in over seventy plus years in one day. That my friends is the first step in building confidence in the American economic engine that actually runs the world today. President Obama is the voice we need to hear, it’s the voice business needs to hear, and it is the voice that the American people elected to hear.
Franklin Roosevelt faced a barrage of skeptics under his New Deal theory and the economy was in far worse shape than it is now by a margin of mega proportions. Opponents fought him over every single idea he raised but he stuck to his guns and managed to get the best of them passed. Not all ideas in Congress get a green light and you shouldn’t expect that from this President either. George Bush wanted to privatize Social Security, aren’t you glad that didn’t work out now?
Healthcare, jobs, and education is the agenda for President Obama and he has always said that throughout his campaign for President. The collapse of our economy is an added bonus having him in charge instead of a “Hand’s Off” right side of the aisle leader. All I have to say is that it is damn well time for the sun to shine and this video covers it…
Video Link
Go about your life like you always have, there is nothing to see at this accident other than some bankers and insurance executives asses being spanked for being arrogant and over zealous for mega profits. The next wave of the American innovation experiment is about to begin and its going to be one hell of a political ride to get it started.
Papamoka
Labels: American Economy, Barack Obama, China, Dow Jones, Economic News, FDR Economy, Investment News, New Deal, Rebuilding Confidence, Republican Descent, Stock Market, Trade, Wall Street
3 Comments:
"just live your life", Great advice! A friend said the same thing when I was so scared of Bush and his policies. But with Obama I don't feel scared, he does care about US and this USA! He did great last night, he will stick to his guns and make sure the important things get passed, for the good of us all! YAY, the sun will shine on us today! xo
I'm loving the Beatles and "Here comes the sun" for all of us Sue. I missed the Presidents speech last night but I'm tracking it down on the news feeds this morning.
Good one, Papamoka!
I did listen to Obama last night, but am feeling no more enlightened as all this is way over my head.
I will put my trust in persons far more capable of dealing with these problems and hope for the best.
Back to my book. BJ
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