Wednesday, September 5, 2012

To Revive Economy, Place a Better Bet on Smalls versus “Too-Big-to-Fail” Companies

Fannie LeFlore
Activist Post
September 4, 2012

Recent economic indicators from the Federal Government estimate that up to 23 million people are out of work or underemployed in America. Solutions exist that could change things practically overnight, but are not implemented. As the economic free-fall continues to plague millions of individuals and families struggling to make a decent living, and if governmental options are available but nothing is being done to solve the problem, the central question is why?

One reason is that many public officials claim the government is broke, suggesting that too much debt leaves few to no resources to support job development and employment training initiatives -- but that’s not quite the case. Nationally-recognized attorney, activist and author Van Jones and his Rebuild the Dream organization are launching a new campaign to change the way we talk about our economy and debt. Jones says it's crucial that we don't buy the myth that America is broke, while today's robber barons set the terms of the debate and make off like bandits with taxpayer funds due in part to not paying their fair share in taxes and using corporate money for their own benefit. "We are not broke, we are being robbed,” Jones said, as the basis for Rebuild the Dream’s platform for bottom-up, people-powered activism efforts to help fix the U.S. economy.

What’s not so clear is just how the American people (that would be me and you) are being robbed. But much evidence points to businesses being routinely excluded from governmental opportunities that could significantly improve the economy. This is relevant because research shows most new jobs evolve from entrepreneurial activity (small business), while large enterprises struggle with manageability, generally do not grow organically, or remain stagnant except when they buy existing small companies.

Politicians, both in the Republican and Democratic parties, send mixed messages about priorities and shift blame.

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