Monday, October 19, 2009

High jobless rates could be the new normal

Even with an economic revial, many U.S. jobs lost during the recession may be gone forever and a weak employemnt market could linger for years. http://www.msnbc.msn.com/id/33384835/ns/business-stocks_and_economy

Washington is bankrupt with ideas on how to fix the ailing economy; the real reason is few politicans have actually run a business! This country needs to have our manufacturing base focus on running a business correctly instead of looking at short term profits. Make vehicles that the consumer want and always anticipate the needs of the consumer before they know they want it. The I-Phone is a prime example of giving the consumer something they did not know they need, not it’s the hottest thing out there! The U.S. manufacturing base is old and operating utilizing antiquated factories, but what does Washington implement by giving the steel companies billions of dollars in subsidies that they use to line their pockets instead of investing in modernizing their facilities. We can have the economy grow but we need to focus on basic business practices, not greed implemented at the corporate, government and personnel levels. Washington is the problem not the solution!

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