Bad Economic Cliché #1: “In this Economy…”
March 24th, 2009 by scaredpoet

  • “In this economy, I can’t possibly think about buying that!”

  • “Not in this economy!!”
  • In this economy...

    This cliché, by far, just tears at my soul, and I have to look hard within myself not to strangle the person who utters it. I’m sure you’ve hard it zillions of times, too. It’s the cookie-cutter scapegoat response people have for turning into Panicky Petes and pinching every penny beyond the pale of reason. It’s uttered by accountants and bureaucrats who are stalling decisions and canceling projects that might actually help preserve or create jobs if allowed to work itself out. And it’s also used as a poor excuse by people for even the stupidest, most irresponsible decisions.

    Apparently, I’m not the only one who hates this phrase, and hates the people who actively use it as a petty excuse for everything they do or don’t do. The economy is a problem, but it shouldn’t be a scapegoat. Ironically, there’s a very could chance we could all get out of this mess if people took simple steps to stop worrying about “this economy” and started working towards the “next” one. This is really the bottom line: the stock market, the value of subprime loans, the price of oil, all of these things have little to do with actual market forces anymore, and a LOT to do with merely how much people think these things are worth. We thought ourselves into a recession. And if we keep thinking in recession-mode, it’ll just be harder to get out of it.

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