(The Guardian reports) The International Monetary Fund is warning that the weak recovery in the west risks turning into near stagnation after cutting its global economic growth forecast for the fourth successive year. “Six years after the world economy emerged from its broadest and deepest postwar recession, a return to robust and synchronised global expansion remains elusive,” said Maurice Obstfeld, the IMF’s economic counsellor.
I can’t imagine the number of credentialed economists, accountants and statisticians employed by the IMF and G7 governments. Must be thousands. All university educated, too. And it took them this long to conclude that the economies of the world are in stagflation? How inept. I knew. You know. Just about anyone with a three-digit IQ knows, so why announce that in headline news?
But, before we get to that (next blog) – think about Harper and the Muldeaus for a minute, each one of them starting their next speech with…..“Our economic plan, blah, blah, blah…..” They have no economic plan! They haven’t got a clue how to kickstart a stagnant economy or even manage a sputtering one. Not a clue. And, if they did have some kind of clue, what good would it do them since we are so intertwined with the rest of the G7 and they are all, in the IMF’s highly educated view, flat and stagnant?
And what does Harper do? He doubles down and tries to ‘weld’ our economy even tighter to the others that are mired in the mud with yet another all-encompassing trade deal. His obvious management mantra? ‘If you don’t succeed, try the same thing again’.
I’ll say it again: the economy is a numerical reflection of the collective attitude of the people. It is behavioral science, not math. It is psychology, not engineering. It is a construct. We make it up as we go along and people need optimism in good ideas for the economy to grow and prosper. If they don’t have that, you get recession, depression and/or stagflation. The politicians don’t seem to get that. They never seem to get that.
“Why don’t they get that?” Mostly because they don’t ‘get’ the people. They don’t like change. They are afraid of big ideas. They are invested and indebted to the status quo. They are coddled, isolated elitists. They are ‘above’ us. Politics does that. Parties do that. They tend to separate us. Winning politicians are even more coddled and separate. And gaining power does that to the max. They can no longer take the real pulse of the nation from real people and so they can’t diagnose squat.
The way to improve the economy is simple: give the people hope, inspiration and faith. To do that, requires that we trust what they tell us. But we don’t. We have no trust in these people because none of them speak the truth about anything so they can’t inspire us to enervate the economy. We are at a psychological stand-off when we do not trust those who are there to inspire.
If you don’t ‘get that’, then imagine the time when you were a kid and you didn’t like your teacher or your coach. They didn’t garner your respect. You didn’t feel they were someone to look up to. They were dorks. So, what was your attitude then? Were you inspired to do well anyway? Did you and your classmates and team-mates coalesce around your mutual distaste for your appointed mentor? Or did you just stop listening?
Some carried on. Most didn’t. Most either quit, stopped trying or found other more charismatic leaders whose message they believed. It’s what we do. It’s what most people do. It is why cult leaders and gangsters have followers. They provide real albeit misdirected leadership.
You feel like following Stephen Harper? Just-in? Tom? Or are you choosing the best of the worst because voting is free and easy?
The bottom line is this: none of them inspire. None of them lead. None of them have vision. None of them are worthy of our respect. Or our vote. You want leadership? You want inspiration? You want to feel good about yourself, your country and the society in which you live?
You don’t have to lead a party. You don’t have to lead a company. You just have to lead something, something positive, something good, something that will inspire. Just do it.
An older couple leads kids at the local school in constructive activities. A friend of mine leads a small scout troop and, amazingly, both are inspirational to me. It is good. It is small but it is leadership. Real leadership. A few million Canadians leading something good will set us right.
Think about it.