A Respite From the Gloom

With people running around Washington and Wall Street proclaiming armageddon in financial markets and the economy if politicians don’t pledge to risk another $700 billion in taxpayer dollars, it’s pretty easy for an entrepreneur to get down in the dumps.

So, let’s take a brief respite from the gloom to read an article from the September 25 Wall Street Journal titled “For Entrepreneurs, Opportunity Still Knocks.” It offers some hope, noting areas where small firms might reap rewards as larger firms cut back, including perhaps cheaper facility and equipment costs, and picking up “employees at a discount.”

In addition: “Certain industries are also faring better than, say, financials and real estate. Technology, health care and leisure and hospitality are doing reasonably well these days.”

Hey, it’s something.

Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council