- Man shot by police ID'd; witness shares his side of story (2/17/17)31
- Panda Express restaurant coming to Cape's Siemers Drive (2/14/17)2
- Golden Corral nearing opening; soft open scheduled for Monday or Tuesday (2/12/17)8
- Settlement reached in accidental shooting case at Kelly High (2/15/17)10
- Jackson board votes to demolish high school building if bond issue passes (2/15/17)24
- Cape officer shoots man inside a home (2/16/17)7
- Southeast reports three confirmed cases of mumps; more cases possible (2/14/17)1
- Right to Work and Taxes (2/10/17)
- Man dies after being shot by officer; said to have come at cop with knife (2/16/17)29
- Former Cape cop indicted on possessing child porn (2/17/17)
Local businesses can jump-start economic activity
To the editor:
I am writing as a business owner to address a growing concern for Missourians and Americans: the state of our economy. The recent dip in consumer confidence demonstrates that more and more Americans, Missourians included, have lost a measure of faith in corporate America and the financial institutions that form the backbone of this country. Fortunately, businesses across the nation, as well as Wall Street firms, are making great efforts to restore the faith of the American consumer. For example, the steps put in place by Merrill Lynch -- altering the compensation structure for stock analysts, instituting oversight committees to monitor the effectiveness of reforms, and more -- are all meant to benefit not only their specific customers, but to encourage timid investors to get back to business.
Though Wall Street is hundreds of miles away and may feel worlds away from our daily lives, reforms like those of Merrill Lynch can have a real effect here in Missouri. By working to jump-start the stock market and replenish confidence in corporate America, more reforms like these will help to bolster our local economy. By returning to spending in our local establishments, we can restore confidence in our economy. It is up to us, the leaders of smaller business throughout Missouri, to follow the precedent for reform set by Merrill Lynch, and in doing so, restore the health of our own communities.
PHILLIP A. ORSCHELN
Kansas City, Mo.