Friday, September 9, 2011
People in many countries are depressed about the current economic situation and worried about the future. In the United States the two priorities are more jobs and less debt. Last night President Obama unveiled a new program to generate large numbers of jobs. There is also a high-level congressional bipartisan committee seeking new programs and program modifications to reduce the debt. The problem is that programs are not the answer. What we all need is information that builds our confidence in the future. When the two political parties each say that the other party has the wrong kinds of programs that will lead to a failing economy in the future, they are guaranteeing that failure by diminishing the confidence of the people. We need cheerleaders more than program architects. There are plenty of private companies with enough cash reserves to hire new employees. There are plenty of people looking for jobs. The companies won't hire people until they believe that hiring will lead to sales increases in the near future. Consumers won't spend until they are reasonably sure that their jobs are safe. If the government (including both parties in Congress) and the media would emphasize positive factors and developments instead of negative possibilities, the economy would respond with positive trends. There is no need to snipe at each other for the sake of an election. Positive thinking is contagious. Try it some time. We can assure a healthy future for our economies right now by implementing a positive outlook.