Support Moms: A Rant about BIG Bailouts and Bonuses!
A bit of a rant about BIG Bailouts and Bonuses!
50% of businesses fail in the first five years. Shocking, but it’s the economic Darwinism that weeds out the weak and rewards the best leaders and most commercially viable ideas.
What’s even more shocking?
That companies which made just plain bad decisions are given huge government bailouts – because they’re simply too big to be allowed to fail. In their game of business, it’s heads you win, tails you don’t lose so why not gamble on risky strategies? There’s no risk when you’re playing with house money (the house being taxpayers).
Consider this: these companies aren’t the only contributors to the economy
Far from it. Small companies that, because of the credit crisis, were not able to access the capital they needed to grow, or in many cases, continue to operate contribute through innovation, and job creation.
What’s frustrating is not that so much money was spent. It’s that it wasn’t spent intelligently. A tiny fraction of the total spent on bailouts put toward small businesses would have a major impact.
Watching many of my entrepreneurial peers struggle during the economic meltdown – while bankers took massive bonuses funded by government bailouts – brought to mind the classic children’s story “If you give a mouse a cookie.”
Entrepreneurial Theatre proudly presents:
“If you give a Wall Street banker a bailout”
A satirical look at big business, bankers and bailouts
If you are a Mom Entrepreneur or Small Business owner, tell us how YOU would spend the money and grow the economy.
Share your comments below!
About Carla Young
Carla Young, MOMeoMagazine.com Publisher
If there’s living proof that women can have it all – and then some – it’s Carla Young. Building her multiple businesses on a virtual work-at-home model, Carla is an inspiration to other mothers who want to start a lifestyle business.
During her early days as a mom entrepreneur, Carla made every single mistake in the book (and a few new ones for good measure). Realizing that “doing it all” was unhealthy and unsustainable, Carla started by getting organized to the extreme, developing support systems for both her work and family.
After other mothers started asking how they too could enjoy her lifestyle, Carla launched MOMeoMagazine.com to support moms at work, at home and at play (because every mommy deserves a little me-time)!
Pingback: uberVU - social comments