Archive for Job Creation

Stimulating the Old Way

Posted in Uncategorized with tags , , , , on March 31, 2009 by lmdiorio

Driving home from work yesterday on Chain Bridge Road I saw a new home construction site and at the site there was a sign – “Stimulating the Old Way.”  The sign was fantastic and how true.  The home looked as if it has recently been framed and you could even smell the fresh sawdust.  It really made me think – building a new home, providing jobs, purchasing equipment and tools and obtaining financing.  All things that truly do stimulate the economy. I have even been doing my best to stimulate the economy (what little I can do) although I have never really been good at saving money to begin with.  I go to my local restaurants and I try to focus on my local stores and farmers markets.

Recently I’ve noticed an uptick in people with whom I’m connected with on LinkedIn changing their status to something like the following: “motivated Marketing Manager seeking a growth oriented position….”  Now, we have done what we can at my company to hire people who we are connected with and have speciality backgrounds as subcontractors but the work is not all specific to one specialty so it may not be enough  to keep someone afloat.  Nonetheless, we are trying to help keep money in their pockets or assist in paying for the little things like kids’ braces as times continue to be tough.  Without analyzing the ABC, TARP, XYZ and other stimulus/bailout/recovery plans – I just wonder how easy it is to do little things to if nothing else just help out – Stimulate the Old Way.

So – as Joe Dirt (pronounced Deertay – it’s French) says, “We must keep on, keeping on.” One day I’ll win the lottery and I can do as much Stimulating the Old Way as I can, until then I just try to do the little things.


IP Legislation and Economic Growth

Posted in Uncategorized with tags , , , , on November 12, 2008 by lmdiorio

Here is a great article citing Senator Voinovich on Intellectual property rights and how they are designed to help protect and create opportunities in the US economy via The Chamberpost.  Some key points are below.  I actually wrote my Masters degree thesis on Intellectual Property Rights and their effect on the Global Economy and Entrepreneurship.

Legislation designed to help protect and create U.S. Jobs

“…IP theft is a substantial and growing economic threat, with American companies losing an around $250 billion dollars a year to IP theft — and American workers losing an about 750,000 jobs. The U.S. Chamber of Commerce has estimated that the U.S. auto industry could hire 200,000 more workers if the sale of counterfeit auto parts were eliminated. Imagine that: 200,000 more good-paying jobs.

IP theft is no longer limited to knock-off handbags and pirated DVDs. Counterfeit medicine, baby formula, airplane parts and brake pads infiltrate store shelves and put Americans at risk every day. It seems that almost weekly there is another news story about fake products being sold to unwitting consumers.

America’s competitive edge is derived from innovation and rising productivity, and the protection of our intellectual property remains one of the best means for ensuring that American manufacturers enjoy the benefits of their investments. For the past four years, I have worked tirelessly to ensure that the products made from American innovation are not illegally copied….

…We are facing many daunting challenges as a nation — but none is bigger than turning around our economy, growing jobs and helping people survive day to day. And I am doing everything in my power to put Ohio first in line for the jobs of the future.”