Tag Archives: economy

A Call for Optimism

I don’t know about you, but I’m tired of hearing the gloom and doom news about the economy and our future. While I try to minimize my exposure to negativity, sometimes it is hard to keep smiling and remain optimistic.A Call for Optimism

My efforts to do so was emboldened by an article I received years ago by Eileen McDargh. It is titled: Today’s Economy Demands A Critical Skill: Optimism. Don't let the news media color your world or your outlook on life. Click To Tweet

Please check out the entire article, but some of her key recommendations, with which I heartily concur, are:

  • Focus on what you can control
  • Reframe the event so that you are not a victim
  • Cultivate optimistic responses
  • Refuse to watch or read anything that puts a dark pall over your day
  • Refuse to participate in a chorus of negative conversations

Don’t let the news media color your world or your outlook on life. If we buy into their slant on the news, we merely serve to fulfill it.

As for me, I prefer to ignore the pundits and naysayers, envisioning instead a bright and promising future. There will be good days ahead and I’m doing all I can to realize them sooner instead of later.

Wordsmith Peter DeHaan is a magazine publisher by day and a writer by night.

Why Recycle When You Can Refuse?

Why Recycle When You Can Refuse?

Each week a free paper is delivered to our home. Each week I walk it from the paper-box to the trash can. When my dad was alive, he would recycle these papers, but with shorter hours at the recycling center and higher gas prices, I often wondered if his efforts were worth it. Now the papers become instant garbage.

I’ve received this paper for years. I never wanted it, read it, or used it (except as a fire-starter or for those projects whose cleanup benefited from the liberal use of newspaper).It may not be much, but if everyone does a little, it can really mean a lot. Click To Tweet

“Enough of this madness,” I said one day. Instead of feeling guilty about not recycling, I decided to skirt the issue by not receiving the paper in the first place. To be expedient, I removed the paper-box (and threw it away). Not to be deterred, the carrier merely put the paper in a different box. Next, I called the publisher; to my surprise, they cheerfully “canceled” my subscription. Two weeks have gone by and no more paper. Refusing the paper is much easier than recycling it.

Encouraged by this, I next tackled all the free magazines I received that I don’t want or read. Most of them I never even requested; they just started showing up—and kept showing up.

Another area of refusal—that I’ve been doing for years—is bags for the merchandise I buy. It perplexes me that even when I buy only one item, it’s automatically bagged. Checkers are shocked when I decline their bag or stunned when I remove my purchase from the bag, leaving it there for the next customer. I do the same thing with two or three items, though I don’t recommend more than six. I tried that once and the result wasn’t good. Sometimes you need a bag.

Refusing trumps recycling every time. It may not be much, but if everyone does a little, it can really mean a lot.

Do you like this post? Want to read more? Check out Peter’s book, Woodpecker Wars: Discovering the Spirituality of Every Day Life, available wherever books are sold.

Carbon Credits

Am I the only one scratching my head over carbon credits? The whole idea of having environmentally “good” activity negate environmentally “bad” activity seems strange. Why not just focus on reducing or stopping environmentally harmful action?Carbon Credits

What if there were “water credits?” If someone dumps 100 gallons of polluted water into a river, would it be okay if they purify 100 gallons of water somewhere else? I don’t think so. Or if they reclaim 200 gallons of water, can they “sell” a 100-gallon credit to a polluter who can then with a clear conscience dump 100 gallons of tainted water into a nearby lake? Again, no!Why not just focus on reducing or stopping environmentally harmful action? Click To Tweet

Of course that scenario would make perfect sense to someone who ran a waste water treatment plant. They could sell “water credits” to industrial polluters and get rich, the same way that sellers of carbon credits are lining their pockets. Isn’t that tainted money?

To me, carbon credits is sort of like saying that it’s all right to speed as long as someone else is driving slow; one person’s speeding is counteracted by another person’s willingness to dawdle, therefore their combined average velocity is lawful. The next time you’re stopped for being in too much of a hurry, try that argument with the police officer and see how far you get.

In the meantime, just drive the speed limit and be kind to our environment—it’s the only one we have!

Wordsmith Peter DeHaan is a magazine publisher by day and a writer by night.

Are You Wealthy?

Are you wealthy?

Are you wealthy? Your initial answer on “No” is probably the same as mine was, but I’ve since learned that I was wrong.

My eyes were recently opened to a new reality concerning my relative financial well-being in this global economy.

Go to www.globalrichlist.com see how you rank. The site considers your annual income compared with that of the rest of the world.  In this regard, you will find you are indeed quite well off. True, there will be quite a few people more wealthy than you, but many, many more who are paupers in comparison.

If you haven’t checked it out yet, you might be interested to know that if you made $50,000 last year, you would be in the top 1 percent of the world’s wealthiest people.

If you made a mere $3,000, you will still be in the top 15 percent worldwide.

If you made only $900 a year, you would be in the top half.

This has certainly changed my perspective.Are you wealthy? The answer might surprise you. Click To Tweet

Perhaps its time to develop a new attitude. We need to stop comparing ourselves to that small minority who are better off than we—it will only make us crave more.

Instead, we should compare ourselves to a huge majority that are in greater need than us—it will surely make us want to give more.

By giving more, I can make a difference; you can make a difference. We can all make a difference.

Do you like this post? Want to read more? Check out Peter’s book, Woodpecker Wars: Discovering the Spirituality of Every Day Life, available wherever books are sold.

The Recession is Over

It’s official: last week it was announced that the recession is finally over in the United States.  In fact, it’s been over for more than a year!  It seems that the people who track such things wanted to be sure that we weren’t going to experience a double dip recession, so they delayed making any pronouncements until they were sure.

The strange thing is that the recession doesn’t seem to be over from my perspective.  In fact, I’ve noticed the effects of it more the past 12 months — when there has technically not been a recession — then before that, when were was a recession.

Even so, I have seen some positive signs in the last week, since when the announcement was made.  Perhaps we just needed someone to tell us it was over and then we would begin acting that way, making a self-fulfilling prophecy.  If that is the case, they should have proclaimed it to be over a long time ago.  Then would have begun acting differently last year and things could be in full swing now.

While we’re on the subject of recession, how many times have you heard something along the lines of “this is the worst economic times since the great depression”?  Although this may be true (I do, however, recall that things weren’t too hot in the early 80s either), it has the subtle effect of allowing us to infer that today’s situation is as bad as the great depression.  By framing these two events together, the conclusion can be all too easily drawn that the two are equal in scope and magnitude.  That is not so, not by a long shot.

So in summary, things weren’t that bad in this recession, the worst is over, and now we need to act like it to make it so.  The economy needs us — don’t let it down!

Cash for Clunkers Continues

The US government’s “Cash for Clunkers” continues to motor forward.  It is hoped that with the additional $2 billion added to the fund, the program can continue in overdrive for the rest of the summer.

CNN reported the initial statistics that 83% of the “clunkers” are in the truck and SUV category, while 60% of the purchases are passenger cars.  This confirms a pronounced tendency away from trucks and towards cars.

Of all the billions of stimulus money, this is the one program that had a quick effect — and the one program that was put in the hands of the American people.  Perhaps had more stimulus money been put in our hands — and not controlled by various bureaucrats at all levels — more money could have been used to jump-start the economy quicker.

As it stands now, it is likely that the recession will be over (some are saying it has already bottomed out) before the majority of the stimulus funds are spent.  Perhaps the economy didn’t need that much stimulus after all.

Did You Know?

Did you know that the three major US stock indices are all positive for the year?

According to CNNMoney.com, as of last Friday (June 12)

  • The DOW ended the week up for the year, albeit slightly, at +.26%
  • The S & P 500 has been in positive territory since early May and now stands at a gain of 4.76% for the year
  • While the NASDAQ moved to the plus side the beginning of April and is now at a whopping +17:87% year-to-date.

Although there is still a great deal of ground to make up, it is encouraging to see growth for the year from all three.  Investments are beginning to rebound and positive signs abound.

Yet it is hard to pick this up from the mainstream media, which is mired in the swamp of doom and gloom, focused on negativity and pessimism.

As for me, I am full of optimism and expectations.  Will you join me?

Another Sign That the Economy is Beginning it’s Recovery

Yesterday I posited that an increase in blog readership might be indicative of increase consumer confidence and a sign that the long awaited economic recovery is underway.  There are, of course, no hard facts behind that assertion.  However, I have another parallel observation that is quantifiable.

Many of my websites, including this blog, include Goggle ads.  Although I don’t make a lot of money from the Google ads, it is generally enough to cover the cost of the sites and to maintain them.

(The ads are from companies who agree to pay a certain fee each time someone clicks on their ad.  The content of the ads are matched with the content of each page on my websites, with the highest paying ads automatically displayed.  Some people think that I control which ads are displayed — that is not the case; Google controls the entire process, sending me a small check each month for my portion of the clicks.)

I was pleasantly surprised when I analyzed my report from Google for March.  All other things being equal, here is what I found:

  • The number of times the ads were viewed increased 7%, meaning that more people are visiting my sites.
  • The number of times ads were clicked on, increased 16%, suggesting that people are now having a greater propensity to click on an ad; that is they are more willing to consider buying a product or a service.
  • The amount of money I earned increased 30%, meaning that advertisers are willing to pay more for each click this month than in past months.

Since advertisers are willing to pay more when people respond to their ads, this suggests that these advertisers are now more optimistic about their future economic prospects.

Again, this is a microcosmic observation, producing somewhat empirical conclusions, but when you’re looking for signs of economic recovery, I’ll take good news wherever I can find it.

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The Real Question About the Economic Crisis

At the World Economic Forum, Jim Wallis suggested that wondering when the global economic crisis would be over is the wrong question to ask — even though it is the one foremost on our minds.

He posited that the real query should be, “How will this crisis change us?”   After all, if we don’t learn from our mistakes, we are doomed to repeat them.  Drawing parallels between the years preceding the Great Depression and the past few, he offered that we have indeed repeated history.  Here then is how I suggest we must change:

  • Learn to be happy with less.  Virtually everyone in the US is better off then half of the world’s population.
  • Don’t spend what we don’t have.  Satisfying today’s urges with tomorrow’s income is courting disaster.
  • Plan for the future.  That includes having an emergency fund and a retirement plan.
  • Whenever possible, avoid debt.  When that is not possible, pay off debt as quickly as possible.
  • Charge cards are intended to be a convenience when making purchases, not a means to buy when we have no money.  The first month that the balance can’t be paid in full is an indication of living beyond one’s means — cancel the card and don’t apply for any more.
  • Shun greed.  

In essence, greed got us here in the first place.  I hear a chorus of readers concurring, “Yes, corporate greed caused this mess to happen.”  Wait a minute; let’s not blame corporations.  Although corporations are legal entities, they cannot think and act on their own accord.  It is people who control corporations; many of them are greedy.  The stockholders who own stock in the corporations seek higher returns on their investments; they are sometimes greedy.  The people with 401ks, IRAs, money market accounts, CDs, and any interest bearing investment want to make as much as they can; they are partly to blame as well.  On and on it goes.  Virtually everyone, in one way or another, is culpable for the mess we are in — we have an insatiable desire for more.

As my first bullet point suggests, let’s instead seek to be more happy with a bit less.  And we’ll all be better off.

Economic Stimulus

In the 80s, Ronald Reagan responded to bad economic times with a tax cut.  Dubbed “trickle down economics,” it masterfully did the trick, with the economy smartly rebounding, ushering in a period of prolonged economic prosperity.

An alternate strategy for economic recovery is for government to spend their way out of it — even if it means massive deficit spending.  Of course, part two of the theory is that once good times return, the budget needs to be balanced and the deficit eliminated.  (Like that’s going to happen.)  However, the Obama administration does seem to have the first part down, but for it to work quickly, the money needs to be spent quickly. Funding projects that will take several years to complete, no matter how worthy, will not fuel a turnaround now.  Strike one.

Additionally, much of the spending seems to be earmarks, aimed at pork-barrel projects, intended more to help an incumbent be re-elected than to help the country prosper — or grow the economy.  Foul tip; strike two.

With this in mind, imagine my shock and dismay last week, when the governor of Michigan (which leads the nation in unemployment, with 1 out of every 9 workers unemployed) announced that she was going to save much of the funds allocated to Michigan — because we might need them even more in the future then we do now.  How will that stimulate anything?  Swing and a miss; strike three.

I am seeing early signs that things are beginning to turnaround, but the stimulus plan doesn’t deserve the credit — it struck out.