The greatest change that seems to take place in the recovering U.S. economy is an aging population with low level of spending due combined with a high level of unemployment, low growth in consumer incomes, and difficulty to obtain credit and the high interest cost credit.
On the other hand there is an increasing demand for products and services that have not been a priority during the recession. It is expected that this demand will increase as unemployment from the current high levels improves over the the next sixteen months. However, consumer growth in spending will very likely stay below 4% the historical levels. Continue reading How to Grow Your Company as the Economy Recovers from the Recession
From my own experience as a technologist, business executive and entrepreneur I can tell that:
The global changes that are occurring around us today create the need to zero-in on a number of issues that influence the course for success or failure if we do not take them in to consideration in our strategic and operational culture. Continue reading An Opinion on the Uncertainty of Today’s Business Environment
A Brief Review of Obama’s performance for 2009
See also the more recent review: How has President Obama done so far–a spent political force?
On 20 January 2009 the global economic and political community greeted the position of the US President Barack Obama clearly as a historic moment, given that it is the first African American President of the USA. At the same time, he came to the White House with the key election slogan “We can change”, with Americans and the world full of hopes. Over the past year Barack Obama has satisfied some, and disappointed more. During this time he managed to win the Nobel Peace Prize without having the time to apply his policies and accomplish actual results in the political life of the world. His personal popularity remains high, however his policies are not popular. He made several promises. Let’s see if he kept them. Continue reading How has President Obama done so far?