America finished 2010 $1,293 Billon down. Imagine Obama's books this year...


The White House is still calculating its 2011 deficit.  The Big Apple's official fiscal year end is September.  Still plenty of time for creative accounting before numbers are published I guess.  In stark contrast the growth curve for mobile apps, smartphone adoption and associated revenues is steeper than Radio adoption in the 20's and 30's, Television in the 1950's and Internet growth in the 90's.  Seems the tech sector is the only hope a of balancing an otherwise doom struck Global economy.  In the UK some claim the public sector is holding together the fabric of society and that public sector workers thus deserve higher state pensions.  Ever tried getting through to the DSS Mr Smith?  It's a shambles old bean!   You should read my piece on customer service.  Hopefully happy days for emerging national economies though, that are well placed to capitalise on 'disruptive' technologies (not much to disrupt if you didn't waste money on it in the first place) but don't have a fraction of the 'superpowers' debt.

Data Source: Meeker Internet Trends 2011

 

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I set up Who'd of Thought It in 2010, as a blog and place to share and develop ideas. 

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