Just saw a comment from Larry Summers, the noted economist, who opined recently that the economy is about ready to go through a Wile E. Coyote moment and fall off a cliff.
And a few more large companies laid off some more workers. And Biden thinks the sky is falling.
On the other hand, Beth Van Dyne, the Texas congresswoman, just reported that the Dallas-Fort Worth area added more jobs than some blue states.
And Florida continues to truck along well, because of low taxes. Their unemployment rate is actually below the 3% what we used to think of as full employment.
And two of my clients sales are actually running ahead of last year, although both say that they’re hustling more to get the sales. I have a Solutions Forum group meeting with some more clients this coming week, and we’ll find out how they’re doing.
So, we don’t think there’s a Wile E. Coyote moment in the offing for small businesses but be careful out there and continue to hustle.