Tue 24 Jun 2008
Having just read about McCain’s attempt to jump start the economy with the new Ebay model, I simply had to give my two bits on the subject.
While I can honestly see his point about promoting small businesses, since the popularity and personal benefits of these jobs have become an important part of the economy in recent years, it seems kind of crazy to ignore the importance of products and services as staples of the modern United States. We had the same problem with the tech boom of the 90’s. For Yahoo and Google to make their money it took years of tweaking and problem solving to establish a viable business model, and while Ebay is an exemplary example of a large scale liquidation company and can optimistically work as an online web presence for legitimate enterprises, it seems hard pressed to call it an end all be all solution for a slumping economy. While I agree that information is critical to continued success in business, and small businesses in general should be supported, it just seems kind of stupid to put all our eggs in one Ebay shaped basket. The great thing about this country has always been its diversity, and it’s important to support this or risk stifling innovation…innovation being the backbone of the modern independent business.