INCOME INEQUALITY IN BOOMING ECONOMY

IncomeInequality #jobs #recession #incomes
Despite strong job growth, Metro Atlanta incomes have faltered since 2007.
So writes Michael E. Kanell, business and economics reporter for The Atlanta Journal-Constitution. His article on the matter appeared March 25, 2019.
“At the same time, racial inequality remained stubbornly high, even as the economy rebounded from the Great Recession,” Kanell writes.
The Atlanta region ranks 33rd in the country in economic growth, and 57th for inclusion by race, the article states.
Though Kanell covers the Atlanta area, the same thing likely can be applied elsewhere.
As a person, economically and otherwise, are you better off than you were 11 years ago? Have you been able to hold on to that good job you had back then? Has your employer downsized, leaving you out to find other work? Does the other work you may – or may not – have found pay as well as the previous job? Have you been forced to retire long before you wanted to ? Do you have enough saved for retirement to make it at all comfortable?
These and any number of questions can be posed today after a decade recovering from the Great Recession.
Some folks may have lucked out and found better economic circumstances. But many have not. Yes, the economy is growing. But if your individual economy has not grown, in fact has shrunk, you are not alone.
So, if you are in that situation, what can you do?
Fortunately, there are solutions out there, other than trying to juggle multiple, low-paying and time-consuming jobs. There are vehicles out there that potentially can enable you not only to recover economically, but prosper – perhaps as you never have before. To check out one of the best such vehicles, message me.
You can sit around, fret and complain about your situation, or you can do something about it. Don’t expect some serendipitous event to come along to pull you out of your economic funk. Don’t expect a winning lottery ticket to solve your problem.
But you could be open to doing something you perhaps thought you would never do. It may take you out of your comfort zone, but if you’ve had to downsize your economic outlook, that can’t be really comfortable.
Kanell’s article says economically the best-performing regions, according to the Brookings Institution, are: Austin, Texas; San Antonio; San Jose, Calif.; and Dallas.
If you don’t live in one of those areas, or even if you do, you may not have benefitted individually from the nationwide economic growth.
Don’t look at the well-to-do with envy. Look at them as inspiration. You potentially could be among them if you are willing to look at programs that, starting with a part-time effort by you, could yield a pot of gold for you over time.
Times were tough a decade ago. Companies are still downsizing. Manufacturing plants are closing, or becoming more automated.
You can worry about it, or do something about it. It’s your choice.
Peter

LEADERS WITH A CONSCIENCE

We think of leaders as people who like to give orders.
We think of leaders as people we need to look up to.
We also think of leaders as people who make things happen.
We don’t normally think of leaders who have a conscience. It seems we were all taught to have a conscience, but somehow when people get into leadership posts, they become more about themselves than others.
Mayor Julian Castro of San Antonio, Texas, brought this to light when he said that for good change to happen, “you need folks in the boardroom who have consciences, and people in the streets who can picket at the right time.”
Castro was quoted in a March 2013 column by Washington Post columnist E.J. Dionne.
As long as leaders won’t change, change is not likely to happen. Yet, in today’s world, change is not only the operative word, it’s the way of life. To paraphrase Darren Hardy, publisher of Success magazine, the change that took 100 years to happen up to now will happen in a much shorter time frame.
It’s happening so fast that it’s difficult to keep up with.
It will take leaders – and others – to make it happen. The old-style leader who got where he wanted, then fought to keep the status quo, no matter how anyone else was affected, will have to change. The new breed of leader will be concerned with others first. He will want to give and serve.
You see, if he gives and serves, he will get plenty. One never knows who the next innovator is. It could be someone right under a leader’s organization. To allow that person to excel to the best of his ability is a sign of true leadership. If a leader provides the right atmosphere for innovation and success for others, those innovators will likely forever be aligned to him.
LEADERS RELISH HAVING MORE SUCCESSFUL PEOPLE UNDER THEM
The new leaders will aspire to have good, innovative and successful people with him, and will want to reward them accordingly. The new breed of leader relishes having people even more successful than he in his organization.
He will want to serve and help those people to the best of his ability. He will give them all the credit for their accomplishments. He will create an atmosphere in which the best innovators can flourish and thrive.
Are you a new breed of leader? Do you want people like you in your organization? Do you want to build such an organization? You don’t have to be in a company. You don’t have to shell out big bucks for a franchise. You just have to be willing to look at one of the many opportunities that are out there for the entrepreneur.
For one of the best such opportunities, visit www.bign.com/pbilodeau . The potential for any leader is huge. All you have to do is find a few people like you that want to join with you. You help them succeed. They help you in return. And those who introduced you to the idea will help you, help them.
There’s no greater win-win than people helping people be successful, and have a great time doing it. No boss-worker hierarchy. No one person giving orders to the other. No one person succeeding, off the backs of others. People helping people succeed.
Mayor Castro has it right that we need leaders with conscience. But, more than that, we need leaders who WANT others to succeed, and will help them to do it. We want leaders who don’t just graciously allow their workers to be photographed with them. We want leaders who are honored to be photographed with those they are trying to help.
Peter