National Debt Clock

Friday, April 3, 2009

G20 Leaders Hail Crisis Fightback

If there is one thing that I have learned in my short career in the business world is that initiatives are not judged by their intent, but by their results. Only in government and international politics do people hail intents, resolutions, and plans. We have no insight into whether or not pumping $1 trillion dollars into developing nations will improve the economic climate. Yet, we celebrate that our leaders came together and "did something." In my mind, world leaders have done nothing more than propose a business plan. Whether what they have laid out in their plan will be effective remains to be scene, but please, enough with this congratulatory back-patting when the jury is still out.

No comments:

Post a Comment