We Need More “Idea” Capitalists to Bailout this Economy
September 15, 2011 4 Comments
We need more people with imagination running this government and this economy, but they need to be “idea capitalists.” You don’t have to be a poet, a writer, a painter or movie producer too be an idea capitalist. If you have a good idea, you can be a grinder, maybe even a lone wolf. If you’re prideful, maybe to a fault, you can be an idea capitalist, one who capitalizes on their own ideas.
Idea capitalists do whatever it takes to execute on their ideas. The idea capitalist, the grinder, the small business person, is more likely to survive upticks and downturns in the economy.
Herman Cain is an idea capitalist. He is a grinder. Given the opportunity he will be successful in helping the US create jobs, lower the deficit and increase our global competitiveness.
The mainstream media and self-serving politicians contribute to idea capitalist’s genocide.
MSNBC pundits who have never had an original idea in their lives, interviewing (baiting) Herman Cain about his 9.9.9 proposal dismissed his ideas with the age old adage that assumes “poor people” spend more of their income on consumer goods than rich people therefore a national sales tax is a burden on the poor. They have deep-sixed the FairTax too. They haven’t researched the FairTax proposal otherwise they would know that FairTax offers rebates to lower income people who are FairTaxed.
The real answer is to increase small business competitiveness in a global economy. The Obama administration wants to spend billions more on infrastructure. More about this soon in a new post titled “Missing the Byte”, a play on words. In fact we are ”missing the boat” when we, as a country, are investing more in the “asphalt highway”, in roads and rail than in new technology, the” information highway” which is an investment in our future competitiveness in the global marketplace. Check out my post, India Gets IT.
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