- Owner of Mary Jane Burgers & Brew in Perryville to open new culinary concept in Cape (9/15/17)3
- Man accused of setting fire to Delta bar; posted photos of it burning on Facebook (9/17/17)5
- McClure man accused of leaving children in hot truck while gambling in casino (9/19/17)1
- How the story of one dog is helping others (9/14/17)1
- Eyewitnesses testify about fatal shooting; men were using drugs, alcohol (9/14/17)
- Jury finds Harris guilty of murder, 3 other counts (9/15/17)4
- Retailer may come to Jackson; rezoning needed first (9/17/17)2
- New boutique store advocates for special-needs people (9/19/17)
- Planet Fitness to anchor Town Plaza shopping center (9/18/17)1
- Mo. conservation agents help fight fires in western U.S. (9/15/17)
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.