Economic Gloom and Doom

Is the American economy in self-destruct mode? I don’t think so. Although I do think that the economy is recovering much slower than anyone would like. The Amercian public has proven themselves resilient. We rebuilt our country and our economy from the depths of the Great Depression. It won’t be easy. It isn’t easy. There is still a lot of pain left in the recovery and a lot of opportunity as well.  ADP reported that 217,000 jobs were created in February. Compared to the number of unemployed, this seems like a small number but at least we are moving in the right direction.

Will the dollar cease to be the world standard? It’s possible. One way to stimulate the economy is to just print more money, but this dilutes the value of the money that is already circulating. A weak dollar makes our exports more affordable. It can also promote tourism since foreign currency will buy more dollars. I think it is early to declare that dollar is no longer king of currencies, but definitely something that needs to be monitored. A currency’s strength is generally seen as an indicator of the health of the country offering the currency.

Will the World end on December 21, 2012? I don’t think so. The Bible says that no man shall know the time of the end. Could there be some cosmic alignment and gravitational changes? I don’t know. One very positive thing is that more and more people are looking for spiritual answers and examining what is important in their lives.

I have no idea what tomorrow will bring. I do know that I do not want to forego the blessings of today because I fear tomorrow. It does remind me to appreciate what I have now and the relationships I enjoy now.

There is a lot of gloom and doom talk in the media now. But think about what you believe. Why is it more difficult to believe that which is good and positive, and so easy to believe that which is negative. We do not put total trust in our abilities, our talents, our achievements, our efforts, but yet so easily fall prey to discouragement. There is much to be thankful for and much to celebrate, even in the roughest of times.

I wish you the very best.

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