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Sunday, April 23, 2006

Fluff Economy

It is strange. There is growing concern about the economy when there has been broadbased economic improvement in the last several years. The economic good times aren't just happening in the US. We are in a rare globalized economic expansion.

The disconnect between public sentiment and economic reality is an extremely interesting subject. Some administrations are better and generating feel good economic fluff, while others are better at improving the underlying conditions in the economy.

It seems to me that one of the big reasons for this sentiment is that much of the growth is occuring in small businesses, while we tend to make our judgments based on sentiment in big corporations.

IMHO, the small business community is the thing we need to promote. The question that dominates my thoughts on the economy is how can we keep things small?

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