The current spike in gloomy economic news after reaching the I-think-I’ve-heard-enough-for-now stage, reminded me of and inspired me to take up the challenge of seeing if I could comply with that great Johnny Mercer lyric to the song entitled: Ac-Cent-Tchu-Ate The Positive.
If you remember the mid-1900’s you’ll easily recognize this message and if you do not, permit me to create and re-create the abundant positiveness of this incredibly upbeat lyric which has been recorded by many – including Bing Crosby, Ella Fitzgerald and Aretha Franklin – and which I submit is worth revisiting with a vengeance at this time.
The first few lines of this song are: “You’ve got to accentuate the positive / Eliminate the negative / Latch on to the affirmative / and don’t mess with Mr. In-Between / Spread joy up to the maximum and bring gloom down to the minimum.”
Now, how about an “Amen” for that? “Don’t mess with Mr. In-Between” is the icing on the cake to be sure if one is really going to “ac-cent-tchu-ate the positive”.
So, now, IMHO (In My Humble Opinion – for you elders) these are the positives that I see in our current economic scene:
1. Because business is so competitive the survivors in today’s economy are providing the best products and services, across the board, ever. I can not recall seeing such an abundantly available array of high quality goods and services as we routinely have available to us today from hamburgers to automobiles.
2. As a corollary to these high quality goods and services being delivered – when success comes to these vendors they get written up in the press, positively posted on-line by their customers and seriously rich in what appears to be record time.
3. Even “villainous” debt collectors that we have been dealing with on behalf of our clients for decades now, routinely are downright courteous and even helpful.
4. Opportunities for homeowners to hang on to their homes despite having months and even years of unpaid mortgage payments are in a never-before-seen state of affairs.
5. The real trouble-makers, like Goldman Sachs and its alums, the Fed, Ben Bernanke and all of their minions in our government have been “outed” and they are becoming a part of the dialogue. The camouflage of “Look what the Republicans did here.” and “Look what the Democrats did there.” is tattering and with our spotlight brightening on the real writers and directors of this meltdown we now have a chance for some real solutions.
6. Another camouflage tattering is our current stock market – now really folks, isn’t this current decline just the gas coming out of a falsely booming stock market that phony Fed stimulus money created? If that is so, then won’t we be at the conclusion of this fall at a stable and real bedrock from which we can then far more confidently improve for real? And lastly,
7. Jobs – here is the real bottom line, and here is where economics becomes an easy subject because when people are working, they are buying and recovery is in sight. So, check this out: In the Wednesday, August 3, 2011 edition of the New York Times there was an article outlining the 2 and 3 year sustaining prosperity that high-end retailers like Tiffany’s, Neiman-Marcus, Louis Vuitton and their ilk are continuing to enjoy at this time. The article points out that the top 20% of income earners generate 60% of retail sales – and that sure looks like a seedling of new jobs to me.
So, keep the faith my friends, revitalize your dreams, front up to whatever is in your way and let us know if we can be of help.