Equipment Media Blog

There is a massive destruction going on in our world right now. It’s not the buildings being blown apart by bullets across the world, it’s not the earthquake ravaged orient. It’s the economy in America. I just heard a video by AEM that says the construction equipment industry has an unemployment rate right now of 37%. That’s right, over a third of our colleagues, partners, bosses, and friends are out of a job. While our money is being plowed into this healthcare mess that likely will never help anyone (our government has a history of failing in these areas), and put into banks that may or may not be using the money to help our country, the construction industry is still waiting for the check that the government says is “in the mail”.

If this industry fails it will be catastrophic. Not detrimental, catastrophic. Many people don’t realize how much of our economy is built upon the construction and related industries. If they are “bleeding”, the heart (our country) will not function properly. I have many clients who I have been helping liquidate their fleets who are praying every night that they will be able to keep their workers and still be able to keep the doors open. They are in desperation right now. It’s not just the mom and pops, it’s some of the largest companies in the world.

At what point do we work on focusing on just the economy instead of political side projects? While our president is off trying to be Robinhood, the middle class are quickly becoming poor. Of course, he is not worried, he get’s a steady paycheck and knows there will be book money when he is not reelected. He’s set for life. Those of us who have to hope our next check will be there and equally worried that it will clear, have no other option than to watch our government drag our economy back 200 years. Any way you look at it, we lose with the people we have in place. They have stopped acting in our best interests and have now switched into ass-kissing mode to make a name for themselves and ink some book deals. There are no more pioneers like back in the day. George Washington would be rolling over in his grave………….