I am frustrated with Obama for not addressing the questions about what he plans to do to turn around the economy. I am also frustrated with his anti-business, anti-globalization, and anti-free-trade rhetoric. It has led me to ponder the question, what should US economic policy focus on to get some vitality back into the system?
The Good It is a matter of time The local market for technology products is nascent; the VC model for financing startups fairly new and some issues will work themselves out over time. The current vicious circle – relatively inexperienced entrepreneurs and risk-averse VCs – needs just a few hits to break the cycle.