Every time someone reads this blog an angel gets its wings. - Zuzu, the Elder
Friday, November 18, 2011
The economy is slowly winding down
The capital strike continues apace as a wary, depressed business class creates fewer and fewer businesses. On the jobs side private industry has continued increasing productivity, squeezing more and more output out of fewer hours but a process that without new businesses, eventually winds down. The only way the country grows is if new businesses, products and services get created. And I'm afraid that a lot of that risk taking is on hold in our nation until we get leadership in both parties that recognizes that only the private economy creates wealth.
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