Don’t Wait on the Bailout
If you’re thinking of changing your name to Aretha Franklin, and making “Rescue Me” your new theme song, I would suggest you make other plans for awhile. If you think the Great Bailout is going to solve all the economic problems overnight, guess again.
Even though the numbers boggle the mind, we won’t be seeing 7.8 billion of your tax dollars flowing freely any time soon. In fact, the Secretary of the Treasury has 45 days to come up with a plan to figure out which of the toxic debt he’s going to buy first.
Even after that, the funds will enter the economy in waves; not all at once. So even though this is supposed to get the banks back to doing business again, there’s no guarantee the banks will even cooperate.
In the meantime, things will continue to slow down, and it’s up to individuals to devise a plan of action for their own businesses. Do not wait around thinking everything is going to be hunky-dory in a few days.
Get up and get moving. I’ve posted some ideas for giving your business a shot in the arm, and they are listed in the left navigation of this blog under the Pages section.
For more information, visit my coaching web site: Shoestring Business Coach.
You can also listen to my radio show on
- Teresa -
