Thursday, October 28, 2010

Will We Get Right This Time?

We have a lot of change coming next week in the US. I see 3 trends in particular that will have a big impact.


1. Economic – We are in the middle of biggest recession since WWII. Current Policy makers have no impact. Yet Obama says there is a little improvement. I don’t see it at the small business level. My contacts at the big business level do not see it either.

2. Political – Referendum on the last 2 years will be dramatic according to all the polls. Could even be a washout for Democrats. I read a quote from a small business man that put it well. “Democrats are trying to put me out of business, I am going to put them out of business first”

3. Global – Many examples of other countries cutting back on big government after decades of going to a more socialized economy. Seems they learned their lesson. Then we have the new economic power China. They loan us money, yet we want to influence their monetary policy given our track record.

I am a fiscal conservative and social moderate, which means I fit in the political middle as does most of the US. However, I am uncomfortable with the extreme wings of both parties. To the extreme left, why won’t you learn the lesson, what do you see that I don’t? To the extreme right, why don’t you see the future of more global openness, which you have a chance of preparing for here in the US. What do you see that I don’t?

I do want to continue changing, “For the Better”. However, you don’t have to change, after all survival is not mandatory.

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