Our economic situation is a sum total of all the activities and perspectives of businesses, citizens, investors, and governments. What plagues our economy is the same thing that hampers growth in our companies – doing the same thing over and over again, yet expecting different results. Marshal Goldsmith said it well in his quote “What got you to here won’t get you there” and it is rather appropriate for our current situation. It would do us, and the economy, well if we gained some perspective for we are at a tipping point... Read the complete post on Forbes.
Popular consensus was that 2011 would shape up to be a stronger economic year than 2010. The rebound would be firmly established and, as a result, everyone had sugar plums of bigger budgets dancing in their heads. But the facts paint a different story.