The current economic meltdown is making it much worse for a lot of people to manifest prosperity. Not because the economy is bad, but because they are getting more lack programming.
The truth is, the economy has nothing to do with your ability to manifest prosperity. Unless you buy into herd thinking.
When you see governments stepping into the free enterprise sector with bailouts, that creates a victim and welfare mentality. People get so invested in the news of the day that they start to buy into the hysteria. And this changes their core beliefs.
They think the role of government is to prop up mismanaged banks, airlines, and car companies. Then it spreads to yet more businesses. Of course what also happens in that prosperous well-managed businesses are penalized, because they are competing against firms that are funded by taxpayers.
Take an airline like Southwest. They hedged their fuel bills, run an efficient operation, provide solid service, and make money. Is it fair for them to have to compete with other carriers that got billions in bailouts after 9/11?
Look at Toyota and Honda. They build fuel efficient, moderate priced cars with high resale value that Americans like to buy. Ford, GM and Chrysler build cars most people don’t want. Is it fair to the former to have to compete against the Detroit carmakers if they get a government bailout? (Which they probably won’t, since they went to Capital Hill begging for money, all while flying there on their private jets. Clever.)
People that run well-managed business start to believe it’s futile. People that run mismanaged businesses start to believe it is the government’s job to keep them profitable. These beliefs are the opposite of prosperity consciousness and keeps millions mired in the bonds of poverty.
Now that raises the question of what would be appropriate for a government to do, to protect and look after its citizens. We’ll explore that in some future postings.
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