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The Unending Recession

02/25/2010

The recession will, in my opinion, continue on for the foreseeable future. I’m talking years, not months as the “green chutes” seeing folks would have you believe. The work that springs up is short lived as money is being tightly held in most sectors. Wall Street numbers appear to be mainly investing firms movement and not the needed move of individual investors getting back in the game. The problem is the pipeline. Employers see sparse work and nothing coming down the line behind it. This lack of confidence prevents the rehiring of laid off workers even if the occasional overtime shifts are needed to handle an uptick in business. There is also a resistance for entrepreneurs to expand businesses that were started within the past few years. Where is their reasonable certainty for return on investment? The health care debate also puts the brakes on growth as small and midsized companies hear nightmare scenarios of what it could cost them to do business.

Read more at: Truth DrivenLLC

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