At Least Recessions Spawn Innovation
If one thing is for sure, the U.S. economy will rebound only after the seeds of innovation have been planted and had a chance to prosper. It won’t be corporations that propel us out of this economic downturn, it will be hard-working individuals who have as they always do, arrive to rescue our economy and provide the real opportunities for job growth.
I highly suspect that we will see another technology and Internet boom as more web-based applications become reality. And as is the case with the last two recessions, even more service oriented businesses and product choices.
