Today's Message to Young Entrepreneurs

[gofalls]

Today's Message to Young Entrepreneurs: Get a Nice, Safe Government Job Instead - HUMAN EVENTS

 

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[marktech101]

It's all part of my eeeeeevil plan muhahahahahaha

Profit equals market divided by competition... less competition = MORE PROFIT!!!!

It's actually in the government's best interest to let me do my entrepreneurial thing; pretty soon (5-10 years) I'll be paying more money per year to the government than most people make in a lifetime...wow.

</rant>

 

[jportz]

Australia is not as bad as the US but it still looks bleak..

 

[outsourcery]

Still too early to call bottom on this thing.. IMO this year is Asia's turn to bleed.

Exporters are collapsing, employment and property values are falling... soon Asian banks will join their US and UK counterparts in the toilet, or on taxpayer life support.

We aren't protected... it's just taking a while for the shockwaves to work their way back up the supplly chain.

On the balance of risk, a gov. job probably offers a really good return in the current conditions... but that's kinda like living life without cars because they're dangerous to travel in...

On a 5 year horizon, I think people are going to forget how safe gov. jobs 'used to be'.. our govs are going to have to start paying back their debt, and I think as voter unfriendly as it will be they'll need to take a razor to their own organisations.

 

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[MattThomas]

On a 5 year horizon, I think people are going to forget how safe gov. jobs 'used to be'.. our govs are going to have to start paying back their debt, and I think as voter unfriendly as it will be they'll need to take a razor to their own organisations.

Agreed, especially with increasing scrutiny over budgets and huge amounts of money being paid on bailouts and stimulus packages. After all, something has to give in the spending department.

 

[dnuge3]

Although, I agree that free enterprise and free markets are the ideal way to grow an economy, I do have an issue with the executives working at institutions receiving substantial money from the government. The reason for this is because that money is coming directly from the taxpayer. The institution no longer claim to be a private corporation that can do whatever it wants with the money. It should be reinvested towards making the company profitable again and then repay the debt owed to the taxpayers and government. Yet, we also must understand that everything is cyclical and at certain times there needs to be regulation and at other times free market can reign. Right now we are amidst a time of regulation. Things will eventually look up. Short-sightedness has caused these problems, I hope that we can all take a long hard look at this later and understand that to prevent this from happening again, we must all take a long view.

 

[yahshar]

Anyone heard of the Totalitarian Tiptoe?

 

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[Ron Solo]

i wonder how canada will tie into this situation.