Tuesday, February 24, 2009

Thomas Friedman, the bailout and start ups

Now Friedman might be onto something here. It might lead to the resparking of the start up sector. What if the money from the bailout plan was given to entrepreneurs? Better yet, what if the money were given to social entrepreneurs? Not only would we create jobs, but the social and environmental causes would benefit too. I am not proposing taking money away from the auto industry, banking or the mortgage industry, I am proposing coming up with more innovative ways to bounce back the economy. Considering the fact that the government wants to add more money to the plan, perhaps we need to rally the government's focus on social enterprise.

http://www.nytimes.com/2009/02/22/opinion/22friedman.html?em

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