If you have been watching the news and reading the newspapers obviously you have seen the heavy handed negative press when it comes to the economy. Generally in an election year we have a good economy.
So why are we getting such bad reports? Well much of it is a created reality, perhaps to assist a certain candidate and political agenda. But why would anyone drag down the entire economy just to impose a change of power?
Personally, I think such negative economic titles in the newspapers are irresponsible and add to the consumer confidence issues, which appears to be 1/3 of the problem in the first place. Our warta ekonomi is around +1-2% and – 1-2% and to me that’s flat. Business cycles occur and this time they have been assisted by bad choices in the banking sector and higher energy costs. But, entrepreneurs adapt or they die, it’s survival of the fittest, competition and the best continue, this is a good thing, it makes us strong.
In 1993, I was interviewed by a local paper about my business. They asked about the recession and I said; “I don’t participate in recessions!’ and went on to grow my company in the middle of a decline when everyone else had emotionally destroyed themselves through this negative bio-feedback. There is more opportunity in downturns than up-cycles.
When it’s a little tougher, you need to cut your teeth and figure it out, no big deal. Before you allow yourself to buy into the negative press about the economy, you may wish to consider how great things are here in the US compared to the rest of the world.