- John W. DeSpirito – CEO, iSafeTECH
Cough, uhm, I was wondering if I could get a stimulus package. Like maybe even a few hundred dollars to purchase a printer or copier for the office? I would even save the government postal charges and drive to Washington and pickup the check.
So, I checked with the IRS at http://www.irs.gov/individuals/article/0,,id=181665,00.html and it looks like I missed the deadline.
To be honest though, our country’s economy needs assistance from our government that we trust will make the most ethical decisions with our money. He who has money will make money and all the others will work for him. This was a quote I grew up learning by living and breathing a family business. Without financial support businesses will not be able grow. They will not be able to except more work and hire employees and purchase more tools and so on and so on. Most business will expand with funding and some may not need it, but all it takes is one client not to pay on time. The deadlines are extended and interests rates applied, but eventually the end will come for another business to lay off or shut the doors.
As we have seen recently, and more and more each day, firms relying on 90 and 120 day old invoices can not seem to bear the burden any longer. But is it one client or is it their client waiting on 90 and 120 days, also. I believe we are all in the same boat sailing the same river to the ocean and hoping that hurricane season does not come early! To make a financial concern worse, banks are refusing credit because of the overdue or in most cases will call this, lost revenue. Ok, let me say it, to watch AIG executives receiving bonuses is not only a slap in the face to us struggling each day on the front lines, but discerning to a lack of confidence on what will tomorrow bring for business. No more AIG references pleeaassse…
I am still confused on what to believe in the media from the White House to Fox News telling us on one hand that the economy is stable and keep hope and then on the other the Dow is the lowest in 100′s of years and we are doomed. Everyday jobs are lost and foreclosures are on the rise and banks are even shutting down. It sounds sad, scary and even threatening that competition is not one of the only threat anymore, but how any business sector will find more business.
“Where’s My Stimulus Package?”, I ask, well only myself. I will not see one and neither will my neighbor. But, local government, local industry may and so will my state. We will see new grants and programs offered for businesses and new contracts will become available or will extensions will continue. This is our stimulate. Our golden opportunity for how struggling business owners trudging through the mud and keeping the doors open will be able to survive another quarter.
I am praying and hoping that this will come fast. The snowball effect is gradually pulling down one by one each day and we need our government to melt the snow away.
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