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wall st. vs main st.

The first in a series on issues facing private businesses, their owners and the middle class.

I’ve been thinking about the actions our government takes and how we continually make it more difficult for private business owners to operate.  The difficulty smaller, private business owners face doesn’t seem to be the same for big businesses.

The larger, mostly publically traded companies don’t have the same goals, and often don’t have the same rules as private companies have.  These different rules punish the individual, middle class investor or make it more difficult for smaller businesses to become larger businesses.

The purpose of this series is to examine some of the issues that I’ve had a hard time with and think if we were to change would provide a much better economic environment for all.

I invite you to either email me at Jpatrick@stage2planning.com or give me a call to discuss any of the ideas I present in this series.

Over the next several days I’ll be posting entries on the following topics:

  • The problem with public corporations, corporations that used to be partnerships and privatizing profits while making losses owned by the public.
  • The role of elders in companies or at least people who care.
  • Our best and brightest go to Wall Street and not to Main Street where we can actually make things that add value.
  • The problem with retained earnings, lack of dividends and it’s effect on the middle class.

These four blog entries will help you understand that special rules exist for the largest corporations.  These rules don’t benefit our country, the middle class or often the shareholders of the companies the executives supposedly work for and are supposed to benefit.

I hope you enjoy this series.  It’s something I feel very strongly about.

Josh Patrick

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Topics: Family Business, private business

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