Here’s an easy way to quash business growth: Raise taxes. Of course, if you read today’s news, you’ll see proclamations that we’ve “averted the fiscal cliff!” And you’ll see claims that the new deal reached by the president and Congress “protects 99% of Americans from an income tax increase.” But it’s all semantics and political […]
Continue reading“There are three kinds of lies: lies, damned lies, and statistics.” And nowhere is this truer than with government reports. Last week the U.S. Bureau of Labor reported 146,000 new jobs created in November. But is this actually good news? The government would like you to think so. They want you to see the number, […]
Continue readingAs I was reading A People’s History of the United States of America this morning, I came across this interesting quote: Times were hard in 1676. “There was genuine distress, genuine poverty…. All contemporary sources speak of the great mass of people as living in severe economic straits,” writes Wilcomb Washburn, who, using British colonial […]
Continue readingThe easiest way to grow a business is to be in a growing market. If the market is growing, more new people are showing up than leaving. The growth is outpacing the attrition. Even if you don’t have the greatest product… even if your marketing is sub-par… even if you make some mistakes… chances are […]
Continue readingFor a few years back in 2005, 2006, and maybe even 2007, it became popular to sell the “mass affluent.” Why? Because there were lots of them… and… they had lots of disposable income to spend. But it seems the “mass affluent” may be dwindling. It may now be more accurate to call them the […]
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