Saturday, October 11, 2008

The Natural Cycle

There has been bad news about the economy lately and, in times like these, many people are worried and afraid. Don't be too afraid though, a lot of what we're going through is natural. We've been through it many times in the past and we always came back stronger.

The economy behaves like a living thing because it is made up of millions of living things and like any living thing, it goes through cycles of expansion and contraction.

Contraction is a disturbing process, but everything I read tells me we are doing the right things to come back form this strong and healthy.

We'd like to think the economy would grow forever and on the news and among economists we tend to call an economy that grows from one quarter to the next "good" but one that doesn't grow or declines "bad".

That's not a very practical way to think of a living thing though. All living things have times when they must pull back to mend wounds and correct mistakes and prepare for the next cycle of growth.

We made mistakes with the housing market and sub-prime mortgages and now our economy needs to pull back to mend wounds and correct mistakes. This is natural and nothing to be afraid of. You could even say it was a necessary thing.

Even in declining times, living things always seek a means to grow and thrive, so will our economy. Even now, people all across the nation are making plans to grow again. We will come back stronger and better than before. We always have.

Have faith in God and nature and believe in each other and we'll come through this healthy and strong.

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