by CBN Staff Report
FWhile family businesses are responsible for more than half the jobs in the U.S., a lot has changed in their world over the past few years. With less revenue and a tight economy, many business owners have had to lay off numerous employees and increased their own hours just to keep the company doors open. And in the family owned business, founders have had their plans put aside and foregone an expected retirement; some family members have joined the company to keep it afloat (or just to keep working if they were laid off from another job) and others who thought their time had come to head the company now realize that it might be another ten years before that occurs.
by RENEE PATRICK CBN Feature Writer
With the combined passion for story telling and dogged persistence, New York Times Reporter Andrew Sorkin’s glimpse into the recent economic turmoil tells a compelling tale of what could have been. While Sorkin thinks the country is in a relatively “good” place, he believes many of the consequences of the past few years have yet to shake out. Concerns over whether the big lessons of the financial collapse of have been learned paired with what he terms “the ultimate ADD society” could lead to future crises, especially in the face of the European struggle with debt.
by SIMON MATHER CBN Feature Writer
Economic Analyst Uses Boom-Bust
Mining Analogy at Central Oregon Talk
Central Oregon built a paradise for Baby Boomers, only to find they “couldn’t afford to play,” claimed economic analyst Bill Watkins at a packed recent business conference in Bend.
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