In a hole - trillions in debt.
Continuing to dig - negative cash flow.
And entitlements are the back hoe in this process to get us even deeper in dept.
"Conclusion – Publicly traded companies with similar financial trends would be pressed byIf this was a business, I think we'd see a change in leadership. The Tea Party has already facilitated some changes in middle management, but let's replace the CEO when his contract is up.
shareholders to pursue a turnaround. The good news: USA Inc.’s underlying asset base and
entrepreneurial culture are strong. The financial trends can shift toward a positive direction,
but both ‘management’ and ‘shareholders’ will need collective focus, willpower, commitment,
and sacrifice."
And closer to home... As a former business man, I would hope that Governor Haslam will take a pragmatic approach to the budget.
"“The time is right to go on a rigorous diet that consumes less and exerts more energy.”
“State government does a lot of good things. We have worked hard to try and continue funding many of those things. The reality is that there are a lot of things I would like to do, that each member of the Legislature would like to do, but that we simply cannot afford.”
Link to original USA INC PDF at Business Week.
No comments:
Post a Comment