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February 12th, 2010

TheThinkMovement.com by j. sakiya sandifer

The myth of futility leads to internal depression in the face of external, economic depressions. It makes us feel like since there’s nothing we can do to influence the economy, then we’re just doomed to suffer along with everyone else.

The reality is that while national economic forces do impact you, you still have control over your prosperity. It’s a myth that the Great Depression was a time of suffering for all Americans; for many it was a time of great prosperity. James Gregory, Associate Professor of History at the University of Washington, says that, [During the Depression] about a third of the population suffered unemployment and difficulty. ¬†About a third of the population maintained their standard of living, and another third of the population did better in the course of the 1930’s than they had done before.

The question is which third will you be in during the current economic downturn? Will you wallow in poverty, thinking that you have little control, will you simply maintain your current standard of living, or will you seize the opportunity to prosper?

via www.briantracey.com

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Entry Filed under: Business, Think About It!


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