Wednesday, February 06, 2008

How You and I Can Turn the Economy Around in 2008


We, you and I, and the small business man on the street cannot control many things when it comes to turning around an economy the size of the US. But, we are folks who are "influencers" and the consumer seems to be undecided, but leaning towards the "Empty" line, all fumes on a faulty and thin walled propane tank. That is dangerous, but if they were to look more towards the center of the "half-full or half empty" glass debate, well we would certainly as a nation be much better off.


If the media tells you, that you are poor and you have surrendered your mind to the TV set, then of course, you would have to conclude that this add-on memory and brain of yours is correct and thus you are poor. If you think you are poor, you will act accordingly with your consumerism. If we interject and re-balance the news without the sensationalism, doom and gloom, chaos, then folks will not be negative about the prospects of the future.


The American Consumer does have a huge impact on the economy and their faith in the financial system allows the system to work. When people do not have faith, all sorts of things can happen. We saw recently in England a minor run on a few banks there, the fear of any central banker of any nation. Consumer confidence is extremely important and a major key to a vibrant economy.


By boosting consumer confidence in our markets, folks will indeed continue to spend and not retreat into the self-fulfilling prophesy of economic peril. It is our duty to tell folks just how strong this economy is and how much our consumer dollar controls it, thus by projecting a positive image, we can and will shallow out the recession that cometh and start our ascent to great heights. Something to contemplate in 2008.


"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/.