Wednesday, February 25, 2009

State Of The Union!

President of the United States, Barack Obama gave his first State of the Union address last night. The President gave a very convincing speech of optimism during our current storm in the country as expected. Here's hoping that the stimulus package that was recently passed will convince small business owners and major corporations that all is not lost, and that they can begin to put people back to work.

Our President's speech of optimism is fine, but the reality is that businesses are still hemorrhaging jobs and negatively impacting the lives of many workers by changing compensation plans, cutting hours or simply laying people off. I'm just not sure if the recently enacted stimulus package will have a short term impact on this occurrence. The bottom line for any business is profit, and if expenses continue to increase, then employees will continue to be in peril.

No comments: