What everyone needs to accept, is the recognition that the underlying weak growth in Western economies, (not just the US economy), has been caused by a failure of competition; competition for the employee. With everyone focused upon the economic needs of "government", it is now time to bring into focus the need for the future employer, the creator of a new business, who in turn, is setting out to employ others in their local community.



What we lack and now desperately need to be put into place is an agreed set of rules, mechanisms and at least one new institution, designed to feed free enterprise equity capital into the hands of the future employer. I have called that process Recapitalisation Of The Grass Roots Economy; RecapGRE.



The FED needs to return to the underlying thinking that set the Oklahoma Land Rush into motion. Instead of using parcels of land, they should use a significant portion of the funds they hold. Such a release of funds, directly into new very small start up business creation, entirely led by availability of an employee; where the rules demand; no new employment, no access to the free enterprise equity capital, will drive renewed competition for the employee, within a framework designed to create new prosperity; right down at the grass roots of the economy.



So, why not try some new thinking?