Positivity fuels economic growth

Pessimism clouds our economic eyes

Economic growth is the primary concern of most, if not all, towns, cities and nations. Economic growth leads to jobs, lots of them, not to mention opportunities for stability and profit. However, given the recession and military conflicts, it’s difficult for us to see the economic growth that is happening all around us. Growth is still growth, no matter how small it may be.

Pessimism, although not without reason, clouds our eyes and skewers our judgment. We must put on rose-coloured glasses, because positive thinking leads to innovation and innovation jumpstarts any economy. Whether you believe it or not, innovation still reigns supreme in this country. That’s certainly some good news.

In the article, “In global economy, U.S. still competitive: Column,” Jennifer Blanke of the USA Today writes, “The United States is clearly an innovation powerhouse, and this bodes well for the future, particularly at a time when innovation plays a more central role in underpinning economic success.”

Innovation fuels economic success, especially in today’s world. When you have an innovative foundation, you can properly plan for the long-term. America, it seems, is halfway there. Blanke suggests that the problem in America is that we don’t build on our innovative strengths. Rather, we handcuff them. We must free innovation from its half-prison. As a nation (and this applies to any company), it is imperative to let innovation roam free. It mustn’t fall prey to a system of checks and balances.

Ultimately, the nation must invest in and embrace innovation in every industry. As a company, you must invest in your innovative strengths. That is the only way to be a “player” on the global economy stage. While we Americans possess that can-do innovative spirit, we are bogged down by a pervading sense of pessimism. This limits our ability to focus on long-term planning. Remember, invest in your innovative strengths, stay optimistic, and long-term planning will seem like a cakewalk.

Source: http://www.usatoday.com/story/opinion/2013/09/04/us-economy-global-competitiveness-report-column/2760101/

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