The new (cottage) industrial revolution

I read an Associated Press article by Jeannine Aversa and Christopher S. Rugaber on February 5 about unemployment falling to 9 percent in January from 9.8 percent over just two months time. (I read it in the Las Vegas Review-Journal, but you could just “Google” the authors and the date and find several versions of it online.)

They attributed this partially to more people opting for self-employment or finding work in small businesses, since big companies aren’t doing much hiring. Wow. Just what I’ve been urging over the last year!

Not only is it a sensible approach in light of the current economy, it also shows that people may be paying attention to the fact that you simply can’t have “jobless recoveries.” After a while, the long-term jobless become too large a group. We need consumers to buy stuff to have a viable economy. Jobless people can’t buy stuff. Duh.

Jobless people also can’t pay rent and utilities. Or credit card bills. Or feed themselves and their kids. Who’s going to support them? Charities? State welfare programs. Yeah. Sure. With all the state governments making big budget cuts because they’re going bankrupt?

No matter what anyone tells you, Americans do have a distinct culture. Historically, two of its major characteristics have been “rugged individualism” and “pulling yourself up by your own bootstraps.” We’re still pioneers, innovators and creators. We are known for building mega corporations by starting with micro businesses created in our garages.

If you’re still out of work, you don’t need to be out of hope. Necessity is a mother. Join her children in the newest (cottage) industrial revolution.