Logic Minute 11-4-11

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The Lynn Woolley Show

Logic Minute

Logic Minute 11-4-11

If you – or the President --- were expecting good news from the Federal Reserve, you’re living in a dream world.
The FED says the economy is bleak and may get worse. But Chairman Ben Bernanke says the FED won’t act right now – but wishes Congress would do something. What could Congress do? We seem to be living in a post mortgage-crisis world in which companies have learned to do more with less, and are not inclined to ever change that. Companies are NOT looking to hire – they’re looking for so-called “economies of scale.” That means one employee doing the work that three or four used to do. In addition, technology and automation – such as the President’s much-discussed ATM machines – ARE taking the place of flesh-and-blood workers in many industries. The solution is MANY smaller and competitive companies rather than a few large companies in all industries.

Join me online at Be Logical dot com. Until next time, Be Logical.