The President’s Biggest Challenge: It’s All about the Money!
The United States has a brand new president; those of us who watched the live presentation of the Inauguration certainly saw history being made! However his presidency is fraught with unenviable challenges which people expect him to sort out right away: the US currently is facing its worst economic crisis since the Great Depression in the 1930s. And since it is ALL ABOUT THE MONEY (which is also this blog’s tagline in case you didn’t notice) I thought it makes sense to make ourselves aware of what it is that the new president and his Vice President plan to do to pull the US out of the black hole of economic depression that it is currently sunk into. Let us take a look at how the new broom plans to sweep clean the economic mess.
The company to record the highest growth was NutriSystem, which is a strong indicator of America’s preoccupation with weight loss, body image and dieting. The company reported a stunning 433% earnings per share growth with 225% revenue growth and total return of 244%. NutriSystem sells pre-packaged (heat and eat) meals from their website and ship them to your door. They have an ongoing deal that will supply one weeks free food with every 4 week order. This amounts to $280 for 5 weeks food. In an age where foods are chosen according taste, price, and convenience – it should come as no surprise that NutriSystem is so popular.
Apparently Google is also in the business of making millionaires (out of its stock holders). The stock broke the $700 mark! And why is it the best company to work for? Stock options! To 99% of their employees! With revenues of ($ millions) 10,605 in 2006, it does sound like the best place to work, with 8134 employees in the US and 60% growth in a year!