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How will President Obama affect Business?


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Will the election of President Obama have a positive or negative affect on business?

 

I don't think he knows...nor does anyone else.

 

In a way it's an unfair question since the mess is massive and unfixable. It took decades to create it and it can't be put together now. It has to crash, and it will (what we have seen so far is not the big crash...instead this is just the pre game show).

 

The question is really how bad and how soon. Will it be bad or horribly bad? Odds are that he will make it far worse by repeating the same policies, just at a more intense level, that have taken us to where we are.

 

Massive spending, borrowing and printing of money at a rate never seen before. The dollar will eventually crash and extreme inflation will follow.

 

Shops will be increasing prices frequently, possibly daily. This is going to be a wild ride.

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People say Obama has leadership quailities that can ignite the ecomomy. Is this a factor in our recovery? Or are we too far down the slippery slope?

 

I think he can affect things, so he is a factor to a point.

 

But, no one can fix the mess due to its depth and size. It will need to crash first, then it can be rebuilt. The window for fixing it has long since passed.

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I think he can affect things, so he is a factor to a point.

 

But, no one can fix the mess due to its depth and size. It will need to crash first, then it can be rebuilt. The window for fixing it has long since passed.

 

 

The president is only as good as the people that he surrounds himself with. Take a look at the past few days and the coming days for appointments. The market rallied after finding out news of who is going to be a part of his administration.

 

This mess is too big for one man to fix. The problem was created in years and they want to fix it in a month.

 

It's like an old lady who goes to a cosmetics counter to get some wrinkle cream, and finds out that the wrinkles are still there. Well...she worked many years to get to those wrinkles, I don't think a little cream will make them disappear...same with this bailout bologna!

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  • Have you checked out Joe's Latest Blog?

         1 comment
      I am going to borrow a quote from billionaire, Warren Buffet, “The best investment you can make is in yourself,” This statement, while simplistic, speaks volumes. A shop owner is much more than a boss, a shop owner is a leader. And leaders are solely responsible for the success of their team. This means that you must work hard and commit to a life of continuous learning and improvement. It also means that if the team fails, a leader must always blame himself or herself for that failure and find ways to improve.
      For your business to flourish, you must invest your time and energy in understanding what your role is in your company. It also means that you must be committed to continually improving your level of competence. This does not mean that every task is your responsibility. However, it does mean that the buck stops with you. If your business is not where it needs to be, or you are looking for increased growth, then it is your obligation to do the hard work and set goals, have the vision, perform the research, and develop the plan to achieve your overall objectives.
      When you invest in yourself to become the best leader and the best businessperson you can be, others around you will feed off your energy and your passion. This sends a strong message to everyone on your team that you have what it takes to bring the company to the next level.
      One last thing, another obligation to your company is assembling the right team of people around you. Once you have the right people, you need to invest in them too. Find what truly motivates them, not what you believe inspires them. Be a coach to your employees and always strive to bring out the best in them. Be strong with your convictions and expectations, build strong relationships with your employees, and don’t be afraid of admitting when you drop the ball.
      While Warren Buffet is best known for making billions of dollars with his investment strategies, I want to believe that this quote has its basis in something that money cannot buy.
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