Hello Readers,
2011 is history now. The way that the economy predicts the worst may become history in near future. However, in the local economy we do not see much of a difference. Obama’s administration is not doing a great job, but is trying their best to handle the situation in the best manner they deemed fit. The rich got richer and the middle class is diminishing. The effort of fundamental changes to bring the smaller businesses back on track has not been seen yet.
In my opinion, too much government control in our businesses and our lives is hurting the U.S. economy. For the last couple of decades, the mergers have taken place and it all started with Bill Clinton, who allowed many mergers and made the trend towards monopolies. The government is spending more money for government programs now. In the last two decades, we have seen more government buildings, more franchise businesses, and/or rich corporations’ buildings being built. These nice looking buildings are controlled by the well-to-do, and are not helping the middle class. In the near future, if you want your life to be smooth, you must work for the government or large corporation. It’s sad, but it’s the truth.