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So I just came back from Las Vegas. I was at a social media conference, which was held at Encore at the Winn Hotel. The Encore is a gorgeous hotel. The decorator spared no expense, between the carpet, the furnishings and the red chandeliers, the hotel is breathtaking. When I went up to my room on the 24th floor, I was given a suite. Mirrors laced the walls. The furniture was all black and white and reminded me of an upscale New York City apartment. I video taped it but I don’t think I’m going to show it here. (It’s a little odd, watching me wave to myself in the mirrors on camera!)
As I walked through the hotel, I noticed that there were very few people there. I almost felt alone! Then I read an article in the Las Vegas Sun about how travelers are not coming to Vegas as much as they used to due to the economy. I didn’t feel energy and excitement when I was walking around. It just felt — Quiet!
The economy seems to be getting worse every day. I don’t understand what’s happening with this bailout. The government bails out financial institutions, like AIG, and then AIG compensates their executives. Now, according to today’s Wall Street Journal, “Hedge Funds May Get AIG Cash,” we’re finding out that some of the bailout money is going to go to firms that bet the housing market would fall!
Why isn’t the government looking at the small business owners and entrepreneurs? Aren’t we the fastest growing segment, employing the most amount of people in the country? Yet, unemployment is now being extended, even to those who have consulting jobs in their home! And who pays for unemployment insurance? The small business owner does!
Everywhere we turn, we are getting hit with this economic downturn. In a recent Wall Street Journal online edition, it states:
“Missing from this legislation is anything more than token support for the long-proven source of most new jobs and new growth in America: entrepreneurs. These are the people who gave us everything — from Wal-Mart to iPhones, from microprocessors to Twitter — that is still strong in our economy. Without entrepreneurs, we will never get out of our current predicament.“
The article goes on to state that “only entrepreneurs have the flexibility, the freedom and the risk-everything ambition to find the path back to prosperity in a rapidly changing, technology-driven global economy.”
So why doesn’t government take us under their wing and listen?
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