Tuesday, 26 October 2010

All we need is optimism!

Forget stimulus, forget quantitative easing, forget it all.  All our economy needs is a good healthy shot of optimism.

Now I'm no economist.  But surely it's common sense that if people are more optimistic about the country's economic prospects, they're more likely to hire that extra worker or buy that new piece of equipment, thus aiding the economy and leading to a spiral of recovery.

Whereas what we have now (from the media in particular) are constant 'coulds' and 'ifs' about where the economy is heading.  Why can't we just accept that the economy is out of intensive care and starting to recover?  Why is that so hard?

Because with that little bit of optimism, we'll get those extra jobs and good growth that we're in danger of losing with our current cynicism and pessimism.

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