The most nerve-racking debt ceiling debate ever, two of the roughest weeks in Wall Street history, and the U.S.'s credit rating being dropped for the first time ever.
Forgive the U.S. public for feeling a little jittery.
It would be good to keep our chins up, as public confidence fuels the economy as much as anything. But, we cannot be blind to reality.
What does that song say? Without looking it up, something like, "Hold on'm loosely. Don't let'm go. . . . You're going to lose control."
Okay, we do need to hold on loosely. With the word "loosely" meaning don't be clingy, but rather be ready to accept economic failure if comes to that, we need to hold on and not let go of our working, investing, and buying. Don't give in to not having a job. Keep looking. Don't decide to not start that little company because it just seems like a bad time. If your business idea is solid, launch it. Don't not buy that car simply because the economy is bad. If you need a new car and can afford it, buy it.
Otherwise, we are going to lose control. Hang on, America. Hold on'm loosely.
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