Monday, September 5, 2011

Direction for the Economy.

As Washington awaits the newest version of President Obama's economic plan, WE the People are feed up with strapping chains of indecision placed on our lives and business.
Just look at the data released in the past week:

  1. Unemployment rate no change at 9.1%.
  2. The National Association of Credit Management (NACM) index revealed the index of unfavorable factors fell to contractionary levels.
  3. Restaurant operators reported softer same-store sales and traffic levels; Operators’ outlook for economic conditions fell sharply.
  4. Institute for Supply Management™ Manufacturing Business Survey Committee stated that the overall sentiment is one of concern and caution over the domestic and international economic environment, which is affecting customers’ confidence and willingness to place orders.
All of this and other released information point to one glaring fact, no direction.  Ronald Reagan's "It's morning again in America." highlighted the good, it made us believe in our abilities of that day and in the future.  It gave us direction.  

What the politicians must understand is business has a pulse, business is people, and the people who own/operate the business need to believe in today and the future.  When Washington defines the direction We the People will produce prosperity.

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