| The American economy can go either way | | | | |
| according to most newspapers and television | | | | Strong Law Enforcement: It may seem silly and |
| commentaries. The experts say that we have a | | | | out of place but a strong law enforcement |
| 50% chance of going into a recession while | | | | system helps to keep the business environment |
| some say we have almost no chance. Trying to | | | | fair and equitable. When businesses can be |
| decipher their confusing messages can be | | | | cheated when making partnerships, employees |
| difficult. That leaves most American | | | | embezzle and politicians bribed there is lots |
| businesses unsure of what the future holds | | | | of risks built into the environment. |
| for them. Are they still going to be able to | | | | Businesses want to know there is a deterrent |
| compete or are they going to suffer a slow | | | | and opportunity to regain what is lost |
| and painful decline downwards. The best way | | | | through unfair practices. You will find that |
| to answer that question and determine how to | | | | China as well as most nations outside of |
| improve the business environment is to look | | | | Europe or the U.S. has difficulty curbing |
| at the American businesses strengths and | | | | crime. |
| weaknesses. | | | | |
| | | | Sound Fiscal Policy & Self Adjusting Markets: |
| Success and failure is all about strengths | | | | American policy makers have been generally |
| and weaknesses. When we rationally see the | | | | concerned with how well the economy is doing. |
| strengths and compare them against the | | | | The democratic system allows the population |
| strengths or weaknesses of other countries we | | | | to remove senators, presidents and |
| can better determine our chances of success. | | | | congressmen out of office when they are not |
| It is almost the same as when you bet on two | | | | producing results. Therefore, a single |
| boxers one of which has endurance and the | | | | politician can complete little damage in a |
| other one quickness. The one you feel will | | | | single term. When small mistakes happen the |
| win depends in part on how you see the | | | | markets can adjust themselves by offering |
| situation. If you feel the quickness will | | | | something new that makes money. For example, |
| take out the opponent in the first few rounds | | | | if people demand companies to reduce |
| then he is the better bet but if you feel | | | | pollution then these consumers will gravitate |
| that the two boxers are going the distance | | | | towards clean businesses while leaving the |
| then endurance counts. | | | | rest of the businesses behind. |
| | | | |
| Looking at the American business world and | | | | Weaknesses of the American Business: |
| comparing it to the challengers you can also | | | | |
| see better who is going to win in the end. We | | | | Poor Public Education: The American education |
| know that the world is a high-tech place | | | | system is declining and children are falling |
| where efficiency and cost matter. The one who | | | | behind much of the world in terms of science, |
| produces the cheapest products is likely to | | | | languages, math, and more. The advancement of |
| win as long as their products have reasonable | | | | these core subjects are important for the |
| quality and don't break down often. With | | | | improvement of society as the new high-tech |
| Chinese cheap products and America's high | | | | world will need scientists and technology |
| quality both countries will need to come | | | | workers like never before. However, as we |
| closer to the middle. | | | | keep allowing skilled workers to immigrate |
| | | | our school systems are falling behind only |
| Strengths of American Businesses: | | | | because there is little direction and lots of |
| | | | politics. |
| High Technology: Powerful and growing | | | | |
| businesses require email, Internet, cell | | | | High Labor Costs: Workers are cheaper then |
| phones, computers, robots and more. The | | | | they are in other countries. The problem in |
| technological advances of the U.S. are | | | | the U.S. is that companies aren't getting |
| difficult to surpass and few countries even | | | | what they are paying for. The average high |
| come close. American businesses can grow | | | | school graduate is barely able to grasp the |
| simply because they can manage different | | | | concepts of a manufacturing business let |
| international locations as though they were a | | | | alone work within it while the government |
| block away. Few foreign countries can do | | | | raises the minimum wage. A Chinese worker is |
| this. In addition, America also has the | | | | able to press a button like the American |
| ability to develop and implement modern | | | | worker but for about 1/10th the cost. Only |
| technology like robotic arms and complex | | | | productivity will make the American worker |
| systems that increase productivity. | | | | worth his/her wages. |
| | | | |
| Power Supply: China is attempting to get its | | | | Taxes: American businesses pay a lot of money |
| hands on as much natural resources and energy | | | | in taxes while companies from other countries |
| as possible. The U.S. is also doing this but | | | | may pay a lot less. The taxes in American |
| is much further in the game. While the U.S. | | | | businesses are simply extra overhead that |
| is moving towards alternative energy supply | | | | must be pulled from the cost of the product. |
| and thinking beyond fossil fuels China is | | | | In a tight economy where people don't want to |
| still trying to accumulate basic energy. | | | | pay extra the cheaper products (with less tax |
| American businesses have no problem with | | | | burden) will win out. Have you ever wondered |
| black outs, rolling power outages or a lack | | | | what happened to the television and radio |
| of energy. This is a benefit because their | | | | producers in the U.S.? |
| environment becomes predictable. | | | | |