Splashed on this morning’s DrudgeReport is the story from Nicholas Carlson, BusinessInsider, about the invite the White House has sent to Twitter cofounder and CEO Ev Williams.
Apparently, Williams does not know what to say to the White House about the current economic crisis, and posted as much on Twitter (see image courtesy of BusinessInsider)
For Williams to suggest that the White House must be “really out of ideas” is either an immature remark designed to be funny, or more proof that you do not need experience to be President or the leader of one of the most popular companies in the world.
Of course, dare I point out the obvious that neither the above have viable business models and neither can demonstrate any future profitability.
Allow me to get started by offering two ideas on how the White House can get us out of this economic crisis. And in true digital age fashion – comments are not just welcomed – they are encouraged. So, let’s get started:
1) The President and his team need to stop selling panic and building demons (Bush, Limbaugh, etc), and start focusing on building hope. Confidence in markets, in the economy and in taking business risks cannot exist if every day the message is not based on what we can do to succeed.
2) We cannot spend our way out of this economic crisis. It may seem hard to fathom, but expanding the deficit by $1.5 to $2 trillion dollars has not exactly bought us very much except higher interest payments and a larger debt that you, I and our children will have to pay in the not-so-distant future. The automotive industry is still plagued by its bad decisions, over-paid workforce and out-of-whack health care benefits. If a tech company starts-up and fails, it does so because its was not meant to succeed. Sorry, but we need to let some of these companies fail and start eliminating our debt for future viability.
3) Spend less, reduce the size of government so its more agile and fuel economic growth through upper middle class tax cuts. We cannot afford to punish wealth-builders, and likewise, we cannot afford to provide additional money to people who do not currently pay taxes or who have a small tax burden.
That is my start… Your turn, America…