Tuesday, May 28, 2024

Spending more time in politics dissipates energy that should be devoted to growth and nation bullding

Every generation needs a revolution - an entrepreneurial revolution

We see that much more media time is devoted to Senate and Congressional hearings, investigations.  Less on activities that build the nation and create jobs and employment. For the executive bickering power play with past admin?   Rumors of power grab?    Preparing for the forthcoming election?

Some inquiries are outright destructive to building and creating national wealth

Who will rationalize, control these wasteful activities.  

Decline (and closures) in pandemic induced new businesses

Every generation needs a revolution - an entrepreneurial revolution

This post has observed decline and closures in businesses that flourished during the pandemic:

        1,  Coffee shops
        2.  Eateries
        3.  On line shops
        4.  Courier delivery services
        5.  Bicycles

Some industries flourish because of crisis.  When crisis is gone, the opportunity and the opportunity, and hence the business disappears.  

What is an economy?

Every generation needs a revolution - an entrepreneurial revolution

The word economy is a big word.   We go back to Adam Smith.  and many other Economy guru.  
We talk about macro and micro economy

This post would tend to favor micro.  It is about a buyer and seller changing goods and currency, from producer to consumer    The activities could  be less or more. or plentiful

Growth means more transactions, stagnation means same number of transactions.   Decline or recession means less transaction

Sales activities have something to do with economy.

Sales makes the economic world go round.