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Main Street still needing to feel better

Posted: May 19, 2013 9:10 a.m.
Updated: May 19, 2013 9:10 a.m.
 

Despite the recent news that jobless rates are falling, these are still difficult times. Nearly everyone agrees at some level that America is still struggling economically but why and what should we do?

Certainly there are some spurts of hope. The real estate market is on the uptick in many regions of the country and the stock market continues its climb with the help of low interest rates.

These are good signs and reasons to be optimistic. But somehow the overall economy just can’t seem to get any lasting traction in a way that people can see or feel.  At best we seem to have acclimated ourselves to the predicament we are in.

We look for good news in the business section of the newspaper and listen to positive spins from leaders who have vested political interests in the outcome. But we can’t quite see, feel, or experience meaningful economic growth or recovery.  That is because the economic engine of America resides on Main Street, the home of small and medium-sized businesses, and recovery hasn’t quite kicked into higher gear there.

Who is to blame for this?  That pesky President Bush?  A teflon coated President Obama?  A dimly viewed Congress?  Lengthy and expensive wars or those overly entitled Europeans?  Maybe it is our polarizing elected leaders.

We suspect that it is “D” all of the above and that it has once again created what former President Jimmy Carter was skewered for saying over 30 years ago: “America has a crisis of confidence”.

Anyone who owns, works in, or deals with small business can understand this. Small business in America is hunkered down. No real economic recovery will happen without placing the immediate and future needs of small business in the forefront of any set of recovery policies.

While they are important issues, Benghazi, gun control and IRS shenanigans have been distractions from tending to America’s number one need, getting Main Street back to work and prospering.

Job creation policies by government at all levels, regulatory containment, and financial and tax incentives are good vehicles that can make this happen.  Measures can be temporary or permanent but stimulating small business in America should not be impeded with partisan or ideological bickering.  Both Democrats and Republicans benefit from a growing vibrancy of small business.

The small business community shouldn’t wait for government to develop some benevolent plan to alleviate this “crisis of confidence.”  Join and support organizations that are active in advocating politically for your behalf even though your time and resources are tight. Act on government, don’t wait for it.

When Main Street is confident America is confident.  

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