Want to know what is killing American Business and by extension throwing the rest of the World into business chaos (at least for the short term)?
There are lopsided markets of consumers and producers in this country. We have done such a great job of kidding ourselves that we don’t need manufacturing that we pretty much have left the only main resource that we have is consumerism and we are lousy at that if our credit is cut off and we are out of work. Considering that international markets are looking at us to buy their goods and services I think we have a double problem here.
The first one is that we are cutting back on spending and continuing the cycle of contraction and destruction of resources that started last year. Despite what people are saying I don’t see anything to indicate that things are overall better. I am a realistic optimist but that is the cloth I am cut of. I also don’t tolerate nonsense in explanations of business. Government is not doing anything to promote local American hiring as fast as it should be. People will cut back their spending and in turn, taxes won’t be collected and then government will whine and say our collection revenues are down. No surprise should be there.
The second problem is that without a manufacturing base, even with robotic labor, we don’t have anything to build into local communities and rebuild our infra-commerce structure up from the ground up. We need more and more incentives to get businesses to move into the State and not away from it. When I hear legislatures (and California’s especially) complain that their hands are tied, they haven’t been keeping the pulse of their constituency at heart as their first and primary interest.
Folks, write and demand that our legislatures – and this applies to other states as well – start creating jobs, manufacturing incentives and other revenue generating streams. I’ve talked about it before and I talk about it in my book Practical Money Making. You, the government, – EVERYBODY – needs a stream of income or wealth in order to keep things going. If we look at each of us as cells in the international body of commerce, if cells start dying, the organs and ultimately the system goes bellyup. Think of the cells as us, the organs are cities, and the systems as the State and National levels of our government.
We need to get production going to get money into the hands of people that can keep the flow of currency and commerce going at the local levels before we can get things going at the national level. This business of top down, trickle down hasn’t worked before and I don’t see anything to indicate that it is going to work now unless there are waterways of cash causing the money to flow down to the people who really need it. People who are at the base of the financial pyramid are the ones that have been taught to spend, spend and spend and without them we aren’t going to have the grease to keep the wheels spinning. People in other nations don’t have the income to buy goods and that is why in China they are replacing goods for free as “upgrades” to make room in their factories and warehouses so that they can keep making more product. This is similar to what happened with Detroit and the car manufacturing but you will notice that nobody gave away any free automobile upgrades to their previous customers (thought that would be one spiffy incentive to get me to stick with a car brand).
While we are at it, how about we go back to educating our kids and getting money back into the school systems instead of blocking it, channeling against it and treating our children as liabilities instead of assets who will be responsible for caring for our future.
Before I get any posts or e-mails, I practice what I preach. My publishing business is here in the United States and even though my books can be printed internationally, they are handled here in America and the books are written in California. I am open to writing and publishing elsewhere but I live here, work here and I want to support commerce here. If you are living in the United States, you should too!
Wow, some rant, huh?
Please try and take some of the above to heart and do what you can to get business going at the local level in your city, county, State and above. Do what you can to get people employed and working as well. If you are working, please count your blessings and thank you for keeping the cycle of commerce spinning.
Have a good, safe weekend folks.
May 13 2009
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Kim Isaac Greenblatt
What’s Killing American Business and the World