Akkam’s Razor

• THE SHALLOWEST GENERATION - The Baby Boom Generation will never be mistaken for the Greatest Generation that survived the Great Depression and defeated evil in a World War that killed 72 million people. I hate to tell you Boomers, but putting a yellow ribbon on the back of your $50,000 SUV is not sacrifice. Our claim to fame is living way beyond our means for the last three decades, to the point where we have virtually bankrupted our capitalist system. Baby Boomers have been occupying the White House for the last sixteen years. The majority of Congress is Baby Boomers. The CEOs and top executives of Wall Street firms are Baby Boomers. The media is dominated by Baby Boom executives and on-air stars. We have no one to blame but ourselves for the current predicament. Blaming Franklin Roosevelt or Lyndon Johnson for our dire situation is a cop out. Baby Boomers had the time, power, and ability to change our course. We have chosen to leave the heavy lifting to future generations in order to live the good life today.

• 5 Web 2.0 Businesses That Will Thrive in a Down Economy - Mashable - [One] of the key factors that separates the wheat from the chaff (in tough times particularly) is perseverance. And as Lee said, in a time where less capitalization may be available, those that do more with less will come out ahead on the other side (and as he and I agree, it’s never been easier to do more with less).

  Necessity is the mother of invention, though, and the need to streamline budgets during a lean time will spell increased demand for certain types of businesses. A few immediately spring to mind, though I’m sure there are many others.

I haven’t seen this PBS documentary, but I’ve been thinking about how an urbanized city can make best use of it’s strengths to capitalize on the fuel crunch.

In Philadelphia for instance, we have more life, art, culture, infrastructure, convenience, shorter distances to employment, public transportation, ample higher education institutions, organized healthcare, easy access to fresh water ice-free ports, railheads, airports, a highway corridor for the east coast…all benefits that are extremely competitive in a world where fue costs continue escalating.

I wonder if the regions policy makers are aware of the tremendous opportunity this presents? Bring in more shipping, revitalize the rail infrastructure, encourage the revitalization of neighborhoods, increase the new housing stock, attract new employers to relocate (along with their employees families), reintroduce light manufacturing…

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Tags: Consumer Behavior · Economics · OpEd · Philadelphia

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