Well I Guess That’s That…or Is It?Here we sit just a few months before the presidential election… Folks following Mrs. Clinton are pleased with her progress. Folks for Mr. Trump keep saying he seems to be made of Teflon. Whatever pops up in his past or pops out of his mouth doesn’t seem to greatly discourage his support. Mr. Sanders seems to be quieting his campaign and supporting his party. The republicans are trying to acquiesce and unify their constituents. Wouldn’t it be great if we had someone we could all agree on and proudly support. This year seems more divided than in years past. Small business owners are battling high costs of healthcare, even though actual healthcare insurance costs are lower than before the Affordable Care Act; but they were not required to pay for health insurance. This is a new expense. The costs of complying with the flood of new regulations is taking away from pay raises and investment. Big business is forced to comply with a similar flood of regulations which is increasing employment but not on the income side of the equation. The new employees are a drain on profits, which lowers investment and innovation. Bottom line, we are in for a volatile ride. Markets are reacting to the election fuss with indecision. We have essentially remained flat for the past 16 months. No market growth. We are still having trouble employing our newly graduated, senior managers, and near retiree workers. The average income has actually decreased over the past 15 years if we include inflation. So, what’s the solution… Involvement, we need to get involved with our city, county, state and federal elections. We need to encourage and foster good, oldfashioned citizenship, based on hard work and solid ethics. Are the millennials the answer? Perhaps! Remember the hippies, they were the cause of the greatest generation of innovation in over 100 years. I guess only time will tell.
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