Category Archives: Economy

2011 – The year of People Power

Posted on December 13, 2011 | Leave a comment

Globally, if there is one element that stands out during 2011, it has to be People Power. Activism at the grassroots level around the world clearly set a new benchmark in recent times, with unprecedented levels of people’s involvement in changing and challenging the status-quo. The courage and conviction of people to drive major change is unparalleled in a really long time. When the world comes together through the might of the common people, seemingly impossible tasks start to look achievable. People want a better tomorrow and also an equal participatory role towards the growth of their society and future. Read more

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Posted in 2011, Anna Hazare, Anti Corruption, Arab Spring, Courage, Economy, facebook, Generation Y, India, Occupy Wall Street, Power to People, Social Networking

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Much needed … Start-up America

Posted on February 2, 2011 | Leave a comment

The recent announcement by President Obama in creating the “Start-up America Partnership” is a great step in re-emphasizing that one of the most important and core element of economic growth is through creating an environment of significantly increasing the investments into start-ups and small medium businesses. AOL co-founder Steve Case is the chairman for the Partnership and Carl Schramm, CEO of the Kauffman Foundation is a founding board member of this initiative. Read more

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Posted in Barack Obama, Economy, Public Private Collaboration, US and Global Economy, US Jobs

Parallel lines meeting? Time to zoom ahead…

Posted on January 3, 2011 | 1 Comment

The standard knowledge on parallel lines is that they meet only at infinity. Rarely do we question what is normally seen to be the basic fact. Do we ever stop to ask the question – are they parallel lines in the first place? There are many situations when the first feeling on the task appears impossible to achieve, like “how could it ever be?”… However as we dig deeper, question the assumptions, validate the concepts… We start to notice it, feel it, live it and begin to see the impact all around us… Last year or so has really increased the tendency of parallel lines to meet much more closer than what we know infinity to be… Read more

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Posted in Economy, Engg and R&D Services, US and Global Economy

Fed’s action on $ 600 Billion – a view point

Posted on November 13, 2010 | 1 Comment

“No Nation should assume that their path to prosperity is simply paved with exports to America.” – Mr. Obama’s statement at the recently concluded G20 Summit at Seoul may simply be a bit late. As the power of emerging economies from China, India, Brazil and others have certainly leveraged the exports to US to a large extent already and, with increased financial muscles, have also built a large domestic base of consumers as well. Not to say, that US did not enjoy the imports from China ; US consumers and enterprises devoured Chinese goods continuously at an ever increased pace. During the past 5 years US imports from China totaled $ 1.48 Trillion and the trade deficit between US and China was $ 1.18 Trillion. Read more

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Posted in Barack Obama, Economy, US and Global Economy

US Jobs

Posted on July 5, 2010 | 2 Comments

Read a thought provoking article written by “Only the Paranoid Survive” Andy Grove in the recent issue of Business Week ( July 5th, 2010) on “How to make an American Job”. http://www.businessweek.com/magazine/content/10_28/b4186048358596.htm?chan=magazine+channel_top+stories

I must say, it’s an intense depiction of a very core issue that US is dealing with currently, and with the June 2010 unemployment at 9.5% with 6.8 M people as long term unemployed ; the issue certainly needs a fundamental shift not only in thinking but a timely implementation for it to have any meaningful impact over next decade. Over the last 20+ years US has virtually transferred the responsibilities of Manufacturing to Asia and particularly China and Mr. Grove argues that there is an extremely strategic connection between Innovation and Scaling of business that ultimately creates job, which the US so badly needs now more than ever before. Read more

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Posted in Economy, Public Private Collaboration