Ultimate Bliss (Vernita Naylor)
It began with the crash on Wall Street a few months ago, and then Occupy Wall Street now Occupy (your city here) are all saturating the airwaves throughout the U.S. For well over four years we have been in an economical downfall that has spiraled out of control and has gone from a recession to a depression and it looks like there is no resolution in sight. As we move forward there is becoming a remarkable disparaging gap between economic lines.
Recently, there has been several ways enforced to help get this Country back on track the American Jobs Act and Small Business Jobs Act. The Small Business Jobs Act and the American Jobs Act provides some comfort through tax cuts for small businesses, preventing and/or reducing layoffs, putting worker’s back to work, tax cuts for the working family and creating new jobs. Are there any others?
The Occupy Movements have been the voice of the people despite some of the negative media reports. There are the 99% in this Country that are considered poor in comparison to the wealthy 1%. In its current state of taxation the rich are getting richer and maintaining the majority of their wealth while the poor is getting poor with the presence of the middle class being greatly diminished.
Since the Reaganomics, the 1% has been allowed to bypass appropriate taxation due to the various loopholes allowed to them. The Movement is asking Congress for relief. One way to help is for proper taxation of the rich which can help to leverage the economy. Allegedly, several high profile celebrities, political officials and others such as former President Bill Clinton and Warren Buffett are in agreement with the Movement and asking Congress to tax them accordingly in an effort to help balance the economy.
Is this dejavu? It appears that less than a century later we are reliving the Great Depression. During those times businesses like Kentucky Fried Chicken (KFC) and Hewlett-Packard (HP) were able to recover by overcoming the odds. Can we also recover? How? According to HubPages more millionaires were created during the Great Depresseion Era than any other time in American history:
‘Opportunities, that were not present during the 1920s economic boom times, suddenly became available. An economic downturn is a good time to start a business. Start-up costs are much lower in a recession than in boom periods. Savvy entrepreneurs edged in and positioned themselves for when the economic climate improved.’
So what else can be done to get the economy functioning more effectively again? Learn from the past. Don’t allow Wall Street be the gauge as to how to run a business and determine a business’ success. Business owners can do their part by being prepared, focus on having a good product or services, not concentrate on making a profit, instill business trust, offer transparency, establish good business ethics and give back to society; these are the models and principles that can help any business succeed. Another way is for the community to offer support to local businesses. With all of these collective efforts operating together from the American Jobs Act, Small Business Jobs Act, proper taxation and business owners doing their part to community support we can be assured that the economy can get back on track as it did after the Great Despression.
‘Unless you have a purpose in life, your studies will lack the passion needed for happiness. Money is the means to do something not the goal. Money gained without a prior objective will soon be wasted. Only if you have an objective will you have the power to maintain your course and live a life that is a cut above those around you.’ Reverend Sun Myung Moon
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