The news conference and Q & A session was 'flawless', but I would make a suggestion. I like how president Obama uses simple words, phrases and analogies and does not try to baffle with B.S. and over-show his brilliance in his communication style and content.
But for the business community, the age old term R.O.I. (Returnn-On-Investment) should be repeated like a mantra.
The concepts are simple enough; go as we have, never meeting the demands with the budget, and increasing in 'bad debt', OR SPEND OUR WAY OUT INTO 'GOOD DEBT' THAT BUILDS THE PATH TO better systems that benefit society in the long run.
Yes, short term $Pain = Long Term $Gain. Every company knows that in tough economic times if they 'sit still' and do not innovate, advertise and market their product(s) or services, they either decline, go out of business or try to spend and reorganize their way back to PROFITS.
The same is true with our economy - rather simple sounding, but there few alternatives that we haven't already tried and seen FAIL.
Wednesday, March 25, 2009
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