Unfortunately for the American people, the U.S. national debt is approaching $14 trillion, and growing at a record pace. In fact, this works out to about $45,000 per citizen. This is far greater than the average savings of each citizen!
Are we bankrupt yet?
After ignoring the problem for decades, the media has finally begun to publicize the problem. And, the congress is actually considering doing something about fixing it. People say that democracy moves slowly, but if they take action within the next two years that would be great.
How are we ever going to get out of this debt?
Business Strategy, Money, Success, US Economy
People say that now is the best time to start a business. And, it seems that more businesses are being started now than at any time in history.
Here’s some ideas why now might be a good time to start a business.
- Times are Changing.
Starting a business now is easier than at any time in the past. All the information we need is available for free on the internet. And, starting a business is much faster and easier as well. There is software and web sites to do most of what we had to do ourselves. Besides that, there is so much inspiration available. Just reading about new products or services, or recent technological miracles makes it easy to come up with exciting ideas for businesses.
- No such thing as Job Security.
People used to believe in job security. They thought that if they spent decades working for a company, the company would take care of them and give them money for retirement. Many people even thought that they could not be fired because they had been working there for so long. That seems like a pretty dated notion in today’s globally competitive world. Even unions, which attempt to ensure job security, cannot survive when their employers and industries disappear.
Business Strategy, Dreams Come True, Money, Success