Inside the Briefcase

IT Briefcase Exclusive Interview: Getting the Most Out of Open Source While Managing License Compliance, Risk, and Security

IT Briefcase Exclusive Interview: Getting the Most Out of Open Source While Managing License Compliance, Risk, and Security

with Kendra Morton, Flexera
In this interview, Kendra Morton,...

Why DEM Matters More Than Ever in Financial Services

Why DEM Matters More Than Ever in Financial Services

Remember waiting in line at the bank? Banking customers...

How to Transform Your Website into a Lead Generating Machine

How to Transform Your Website into a Lead Generating Machine

Responsive customer service has become of special importance, as...

Ironclad SaaS Security for Cloud-Forward Enterprises

Ironclad SaaS Security for Cloud-Forward Enterprises

The 2015 Anthem data breach was the result of...

The Key Benefits of Using Social Media for Business

The Key Benefits of Using Social Media for Business

Worldwide, there are more than 2.6 billion social media...

Can Cloud Computing Save The American Economy?

March 13, 2011 No Comments

The American dream is in peril from the confluence of sky rocketing deficits, high unemployment, and the ticking time bomb of an aging baby boomer generation, with its coincident increase in the burden of entitlements as a percentage of GDP. For the first time, the next generation of Americans, our grandchildren, risk having a lower standard of living than we enjoyed. It is not a problem that can be remedied with tax increases and budget reductions. We will not save or cut our way back to economic prosperity.

The way forward is innovation. America must innovate its way out of economic stagnation and back to economic growth. As has been the case for the last 150 years, Americans have always responded well in a crisis and yet again, we are well positioned to lead the world out of this one. Want proof?

American businesses systemically and culturally react fast. Two years after the economic downturn began the United States was generating 97% of its economic output with only 90% of the labor. This sort of gain in productivity ultimately translates into increased economic activity, the ability to pay down debt and a higher standard of living for those of us who are employed. Unfortunately it does not directly address the issue of unemployment.

Read More of Art Coviello’s Blog Post on Forbes.com

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