government shutdown

Financial Fears

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It's been five years since the economy began its downward spiral; but some people aren't so quick to forget.

Since the collapse of U.S. investment bank Lehman Brothers families across the world live in fear of a relapse. So they're hoarding money selling assets all in an effort to pad their nest egg. Problem is; the more people protect themselves the more they endanger the global economy.

An Associated Press analysis of households in the ten biggest economies show that families have pulled hundreds of billions of dollars out of stocks, stopped borrowing and are investing money into savings and bonds. Things with interest rates too low to keep up with inflation.  read more »

Non-Essential Workers

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This week the government shut down; and that wasn't the worst news for federal employees.

When the shutdown went into effect hundreds of thousands of federal employees were divided into two groups; essential and non-essential. People labeled non-essential say it's a slap in the face; especially because it's not the first time.

The first labels were handed out during the across the board spending cuts known as the “sequester.” In the weeks leading up to the shutdown it was up to managers to let their staff know who was and was not an asset. The people considered essential were ecstatic and the others began trying their worth and the people who had made the decision were wrong.  read more »

Government Vs. Business

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If you ran your business the way the government runs theirs; you'd be out of business.

When the government shut down on Tuesday it telegraphed a complete breakdown in leadership, communications and teamwork. The lack of strong leadership in Congress let a small minority frustrate the will of the majority.

In business you could get fired for not going with the majority after the vote was taken. And because so many members of Congress have so many hidden agenda's communicating a simple message to the public is impossible. Successful businesses are able to communicate messages that grab customers. Then there is teamwork, the backbone of business. In Congress it is all about getting re-elected.  read more »