December 2, 2008

Who’s Going To Accept Responsibilty For The Recession?

Having been on this planet for quite a few years now (how many is irrelevant to this topic) I’ve been privileged to live through some good times, as well as some bad turns, in our economy. When things are

Image Courtesy of www.freeimages.co.uk

Image Courtesy of www.freeimages.co.uk

going well, everyone steps up to take credit for for a job well done; but when it gets really bad…

  • Politicians will go back 20 years to blame it on legislation passed by some other congress
  • Children will blame it on their parents not giving them an allowance and teaching them how to manage money
  • Investors will assign responsibility to bad income statements from company a or b
  • Economists break out the charts to show how inevitable it all was

And the little guy gets left holding the bag? Doesn’t seem fair, does it?.

I believe that when we accept the responsibility for our successes, but assign blame for our failures to God , the Universe, or the Economy , we are failing twice. I received a bit of flack for my last post about the recession because it was assumed that I was making light of the situation by saying that it only exists in our minds.

Well I stand by what I said previously, but I want to add that we all have to be fiscally responsible. Meaning, don’t spend money that you do not have (credit cards, pay day loans and the like),  because that’s exactly what has gotten us into the mess we’re in – fiscal irresponsibility in government, business, and our own households.

I was going through some things a while back and was blaming everyone but myself; one day as I was railing against the bill collectors I realized that I, and only I, was responsible for the financial mess that I was in and the bill collectors were just working a J.O.B so that they could pay their debts.

People who are spiritually aware will tell you that until you accept responsibility for past bad acts, you will be unable to attain the blessings God and the Universe have in store for you. I have accepted responsibility for my past (bad) monetary decisions, are you ready to join me – or do you have yet another person or entity that you’d rather have carry this burden for you?