We're in the Waiting Game. We have a new president who has a creative economy rescue plan. President Obama has painted a dire picture of things for years to come.
We will not feel any step forward until 2011. That's about 2 years from now. Meanwhile, we are spending faster than the presses can print the $. Can anyone spell inflation?
The stock market experienced the largest fall for a presidential inaugural day ever. The stock market holds the pulse and we are all watching it.
We are in the waiting and watching mode. Few are spending $ and most are scrambling to refinance mortgages and pay down debt. Lock down mode for now, holding onto jobs if we have them.
I wonder if anyone in government, especially Obama's economic team, considered bringing in or even listening to someone who has experience running a large company....or even a small company. Soon there will be thousands and thousands of manufacturing execs looking for jobs.
'til later
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