The Economy
Posted in Uncategorized on Nov 7th, 2008
Just thought I’d give my two cents on the economy. I’m not an expert but its the experts that got us in this mess in the first place. I know some folks out there are hurting but overall we are okay. This is not a financial disaster on the scale of the Great Depression (30% unemployment).
I think that, in part, these are growing pains. We are transitioning from a 20th to a 21st century economy. I read that over a thousand people were recently laid off from Yahoo. This is a large talent pool that is now free to either start businesses or migrate to new enterprises. I work for a large corporation and I know that its easy to get comfortable. Maybe you’re not living up to your potential but you’ve got a cozy routine and the pay is decent so you stay where you are.
Getting laid off can be the impetus to start a new life and put energy into projects you never pursued because you felt it wasn’t worth the risk. I know more than one person who left a big company, did their own thing and became way more productive and successful than when they sitting in a cubicle.
There is a lot of talent and energy in this country. Once we reorganize and sort some things out I believe we will be back with a vengeance.
If you enjoyed this post, make sure you subscribe to my RSS feed!