The Coming Fall and Eventual Rebirth of America
By Frank Ryan
November 27, 2012
The hope that many of us had that the nightmare of the Obama presidency would end faded into the night on November 6th. In reality though, “hope” was not very much of a plan.
In the experiences that I have had assisting companies and organizations avoid bankruptcy, there is a very predictable pattern that organizations face when they are dealing with serious financial problems.
The pattern involves economic growth and prosperity followed by overspending. From overspending and excess comes a period of denial that anything must change to solve the problem. From denial comes failure. If the failure is accepted and dealt with growth is restored and the cycle begins again. If failure is not accepted, the organization will cease to exist.
The sheer disappointment and almost melancholy reactions to the Obama reelection made me realize that the American people are no different in their reactions than the employees and managers of the companies that I am attempting to save.