We spoke yesterday (Brother, can you spare a dime?) about the sad situation that pertains in the US economy. That even though the economy is supposedly limping along, businesses are husbanding cash and not investing in new technology and machines. And, then complain that productivity is not increasing.
Continue reading And, you are surprised?
And, now cometh a new survey. One by USBancorp, the fifth largest commercial bank in the US (grown by merger of banks in the West and the Upper Midwest). One in its third year- and it is an annual survey. But, their definition of small business is different than that of BankofAmerica, which I discussed on 31 May 2012. (I told you we did not have uniform definitions!) USBank (the name under which USBancorp operates) polled 3220 businesses (small?) with $10 million in revenues or less. (BankofAmerica limited their polling choices to those with half that turnover. (The survey results are no longer found on the web [2020].)
Continue reading A slightly different survey…
If you thought our education problems did not have any simple answers, why would you expect turning economies around to have one? We’ve heard the pronouncements of would-be economists: The World is Flat! China is the future ! (Sort of reminds me of the advice given to Benjamin Braddock in “The Graduate”: Plastics!)
Continue reading Whither? Wither?
