The big nasty untold (by the media) secret of the economy at the moment is that only government is hiring. And if that stays the case, the country will never be prosperous; prosperity granted to by at the someone else’s sufference (and someone else’s expense) isn’t “prosperity”, it’s being a pet.
If America’s economy is to recover, it’ll be when American business recovers. Not the “too big to fail” businesses, mind you, because if a business is “too big to fail”, it’s too big to really do anything new, innovative or transformative. (Indeed, the concept of “too big to fail” needs to be taken out and smothered).
No, America will be back when entrepreneurs can invent the better mousetrap.
To read the full, original article click on this link: Shot in the Dark » Blog Archive » Killing Entrepreneurship
Author: Mitch Berg
