Tuesday, September 22, 2020

Meanderings, more of…

Health of Economy: stock markets soaring. Beyond our wildest dreams. Buying frenzies galore. Until it isn’t. Then, stock prices will drop along with the bottom of our stomach, our guts. Up one day, down the next, then a series of up days. Where will it end? When will the change occur? No one knows. The roulette wheel moves always. Where the bouncing ball lands is up to fate.

That is not the economy. That is gambling.

Our economy is grossly underemployed. COVID did that. But COVID has provided a window into the potential of the future. Will we work standing or sitting in front of a large pounding machine? Will we be replaced by robots? Will cellular networks take over mechanical manufacturing processes? Will new materials revolutionize current products? Will physics define transportation of people and things in fresh ways dashing cars, trucks and trains? Will we work from home? Will we meet in the flesh with others to transact our business?

No one knows these things. They are all in the works. Our brains are thinking beyond boundaries. We envision a new world of family, home, and work. Social order will change as it always has. We will change along with it; heck, we drive that change.

Education helps us think of these things, to understand change as real, change as process, change as continual. COVID allowed us the time to realize this freshly.

Now to use it and create economic health because of it. No, the stock market is not a measure of the economy. We are the economy. We can make it be whatever we want it to be.

Adapting to Huge Changes: the American economy is built on small business. Always has been. Growth of jobs, hell, creation of jobs has always been accomplished by the small businessman, the entrepreneur. These days women are the most plentiful of entrepreneurs. They begin 68% of new businesses. They are the face of the risk takers.

The entrepreneur sees a problem as an opportunity, a potential to change things, and yes, make money. They invent new products, processes and services. They innovate more effective outcomes. They create productivity. From all of that, they produce wealth.

Entrepreneurs are adapters. Big organizations have the brains, the resources, the people and the deep pockets to adapt swiftly and decisively. But they don’t. That’s a fact. Look at General Electric. They used to be the adapter king of our economy. No longer. They lost their way. Their size did not serve them. They simply were too big to move fast. They couldn’t make decisions, informed decisions, fast enough. They could not collaborate in the modern day world of change. They thought they could, but they could not.

Small is better. Small is fleet of foot. Without the resources, they find ways to fuel the new ideas to reality. They implement the change. They connect with other small innovators and create new systems that carry adaptation to heights unknown.

Small is good. Small businesses know this. They are our greatest secret of prosperity. American prosperity.

Thinking Kindly: times are tough. Disappointments are common. Job losses hover near. Expense shocks lurk in shadows. What’s to feel good about? Good question! Stop! Take a deep breath. Allow your body to relax even for a bit. Feel lessening of anxiety. The air is good moving in and out of the lungs. Fresh air smells uplifting. Cooking aromas, too! And then allow the mind to think on family, a pleasing view, a book you love, a painting or image that excites the brain. Let good things into your puzzled and havoc-prone mind. Think on the blessings of your life. The good things are everywhere around us. Yes, there is bad present. Yes, there is struggle and unknown outcomes. But for now we have this moment. Let it be. Enjoy it. Take the good for a moment. Let it dwell in you. Peace. It will come if we let it.

September 22, 2020

 

 

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