Michael Krotscheck’s insights, ideas, and inspirations about web technology, life, and the kitchen sink.

Posts Tagged ‘unemployment’

 

Main Street vs. Wall Street

Thursday, December 18th, 2008

Main Street and Wall Street have become polarizing catchphrases to describe the ongoing argument between top down and bottom up economics. The politicization of these terms has become so rampant that we each take sides, completely disregarding the fact that it is the environment that defines the strategy, not the other way around. In both boom times and lean times it behooves us to carefully consider all the present influencing factors, and choose the appropriate strategy based on that regardless of political leanings. Top down and bottom up approaches have their place, but you have to be smart about choosing which to use.