FEEL GOOD NUMBERS- must stop now....
Whether we like to admit it or not, we love positive numbers. When the Dow is moving up, we feel good; when the economists report that GNP is growing faster than expected, we feel good; when we are told that inflation is low, we feel good.
The major problem I believe they are manipulated to make us feel good and when the numbers turn negative, our government and others either just change the way they are calculated or explain why they are better than they appear.
For instance:
LOW INFLATION - The CNBC "Goldlock people and "expert(?)" economists" tell us there is LOW INFLATION... but we all know that we are paying more DAILY for gasoline, heating oil, bread, milk and everything else we use but, of course, these are NOT counted in the "feel good inflation calculations".
HIGH EMPLOYMENT.. The experts tell us that only 5% of the population is unemployed and this very good. In fact, the experts (?) tell us this is "full employment". But we all know professional and skilled people that are unemployed and may not be counted because they have dropped out of the search for jobs or not receiving unemployment insurance. Of course there are jobs, if you want to work part time in WalMart, but there are few professional and managerial positions because these jobs have been "outsourced and exported" to India and China.
DECLINING DOLLAR ..Our dollar is so weak that foreigners come to the UNITED STATES for shopping tours to get bargains, but Americans can't afford to go to Europe or Japan. But the "experts(?) tell us "not to worry" since a weak dollar helps the US export to other countries, but what they don't explain is that we really don't make many of the products that would benefit from a weak dollar, since they are imported from other low labor cost countries and our American factories have been harvested or just closed down.
The GREAT AMERICAN LIQUIDATION SALE. When the Dubai government wants to purchase of shipyards or other strategic assets, and the Chinese government are purchasing our financial institutions and technology companies at bargin prices, because our dollar is weak and these countries have huge, growing trade surpluses and have enormous dollar reserves; the experts (?) tell us this is great since it shows we are a global society.
THE REAL, not FEEL GOOD, NUMBERS... It is interesting that everyone wants TRANSPARENCY in companies and governments, but no one wants to admit that the UNITED STATES is a harvesting country with serious problems that we act like it is "Alice In Wonderland"..
WE NEED THE REAL NUMBERS and not the "feel good numbers" that are being used by our government, the media and those who are taking advantage of our decline. AMERICAN's can face reality, but they need to know what reality really is.. and the current trend to make the numbers "feel good" must stop. I hope that whoever becomes President... will have the courage to tell us the truth and not continue this FEEL GOOD fiasco...
Bill Rothschild, author of PUTTING IT ALL TOGETHER- A GUIDE TO STRATEGIC THINKING AND DECISION MAKING, that provides a proven process to evalutate reality and make sound decisions based on the real facts, not "feel good facts.
Visit: http://www.strategyleader.com/ to order this and other strategic leadership books, software, tutorials and see a complete listing of all Bill's blogs, articles and commentaries.
The major problem I believe they are manipulated to make us feel good and when the numbers turn negative, our government and others either just change the way they are calculated or explain why they are better than they appear.
For instance:
LOW INFLATION - The CNBC "Goldlock people and "expert(?)" economists" tell us there is LOW INFLATION... but we all know that we are paying more DAILY for gasoline, heating oil, bread, milk and everything else we use but, of course, these are NOT counted in the "feel good inflation calculations".
HIGH EMPLOYMENT.. The experts tell us that only 5% of the population is unemployed and this very good. In fact, the experts (?) tell us this is "full employment". But we all know professional and skilled people that are unemployed and may not be counted because they have dropped out of the search for jobs or not receiving unemployment insurance. Of course there are jobs, if you want to work part time in WalMart, but there are few professional and managerial positions because these jobs have been "outsourced and exported" to India and China.
DECLINING DOLLAR ..Our dollar is so weak that foreigners come to the UNITED STATES for shopping tours to get bargains, but Americans can't afford to go to Europe or Japan. But the "experts(?) tell us "not to worry" since a weak dollar helps the US export to other countries, but what they don't explain is that we really don't make many of the products that would benefit from a weak dollar, since they are imported from other low labor cost countries and our American factories have been harvested or just closed down.
The GREAT AMERICAN LIQUIDATION SALE. When the Dubai government wants to purchase of shipyards or other strategic assets, and the Chinese government are purchasing our financial institutions and technology companies at bargin prices, because our dollar is weak and these countries have huge, growing trade surpluses and have enormous dollar reserves; the experts (?) tell us this is great since it shows we are a global society.
THE REAL, not FEEL GOOD, NUMBERS... It is interesting that everyone wants TRANSPARENCY in companies and governments, but no one wants to admit that the UNITED STATES is a harvesting country with serious problems that we act like it is "Alice In Wonderland"..
WE NEED THE REAL NUMBERS and not the "feel good numbers" that are being used by our government, the media and those who are taking advantage of our decline. AMERICAN's can face reality, but they need to know what reality really is.. and the current trend to make the numbers "feel good" must stop. I hope that whoever becomes President... will have the courage to tell us the truth and not continue this FEEL GOOD fiasco...
Bill Rothschild, author of PUTTING IT ALL TOGETHER- A GUIDE TO STRATEGIC THINKING AND DECISION MAKING, that provides a proven process to evalutate reality and make sound decisions based on the real facts, not "feel good facts.
Visit: http://www.strategyleader.com/ to order this and other strategic leadership books, software, tutorials and see a complete listing of all Bill's blogs, articles and commentaries.
posted by TheStrategist @ 4:05 PM
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