Depression 2.0


What will we tell our grandchildren about the 2020 economic slowdown?  Many of our living relatives have some spotty memories of The Great Depression.  Time plays tricks on our memory and it is normal to exaggerate.  Before our memory starts to wane, we hope you will write down your experiences.  Our blog this week hopefully will be a good reference for us and our grandchildren. 

Social Media

We use social media like we use cable news.  We read social media that agrees with our opinions.  That is limiting and we are trying to expand our social media perspectives to include opinions that are different.  We start with a YouTube channel from a black man, famous football player and a smart student from St. Mark’s Schoolof Texas.  We also are educated and had our perspective expanded by two people on twitter, Peter Henry and Masha Gessen.  We hope you learn something new and that makes you feel uncomfortable. 


Diversity

Our country has a serious diversity problem.  Our industry shares many of the same challenges.  My coauthors and I are NOT very diverse, but we are also not racist or gender biased.  While our opinions on both are pure we don’t feel expert to share our “opinions”.  I am a 58-year-old White Man.  When I work with people I do my best to be gender and race agnostic but we all should require voices who have walked in the a different race and gender’s shoes.  Their experiences will make us and our firm better. Diversity matters.



 Jobs

The pandemic has cost many jobs that the JOBS Act can’t replace.  The BLS compiles information using political and antiquated methods.  We can do better using current information from LinkedIn.  The LinkedIn Workforce Report is current and does not require a phone call from a BLS employee.  My old firm was called every month by a nice BLS professional asking us the same questions.  She was just doing her job, but we can do better. The standard “my firm doesn’t allow our employees to use LinkedIn” might make your compliance department feel comfortable but your professionals are looking for other jobs on LinkedIn from their home computer.  You should be uncomfortable.


All lives matter!  This belief will save our country and make us better people.   

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