Friday, January 23, 2009

Post #3: In the Heat of Political Change


I'm not sure that this is the venue for any of my political rantings and ravings, so I'll avoid that issue and speak purely on the business side of things.

What you may have noticed with the economy is a general slowdown on decision making. Not just the fact that we may [conclusively are] in a recession, but also the fact that we're changing over our executive and legislative sides of government. In other words, if you in any way provide consulting to the government, you probably noticed that everyone is resting on their laurels to figure out where the budgetary spending will go in the first 100 days of the presidency and what gets passed in this, the first week of Obama's term in office.

What does that mean? Well, for those of us which provide services to others, we are always at the whim of how healthy our clients are. In other cases, we're at the whim of how healthy our investors are and what may be coming down the line fiscally in the next two to four years. This time presents the very special case, turning from a fiscal conservative and heavy military budget to what may be the most socialized budget ever. [*cringe*]

The storm will subside though. People will begin spending money again, don't worry. Your waiting is almost over.

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