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Thursday, August 14, 2008

The Adirondack Economy, Whats your outlook?

Recently, the Glens Falls National Bank and Trust Co. ran an ad titled Turn down the Gloom and Doom in the Post Star and The Chronicle. It was a very positive ad so I find it kind of interesting that so many area residents kicked up a buzz about it, but the ad definitely seems to have people talking. Todd Shimkus, President of our Adirondack Regional Chamber of Commerce, commented on the thought provoking ad in the Chambers Blog saying 'kudos to Glens Falls National for giving us some perspective and a chance to reflect on the good things that we might otherwise overlook'. A handful of folks that I've spoken with tend to agree with Mr. Shimkus.

It's about time someone cried out in protest, not just of our economic situation but of the way we're choosing to react to it.

Look around at all of the new construction and new enterprise in our area and wonder about the decision making that led up to the implementation of these ventures. It seems that those executives and businessmen aren't building in fear of a downward spiraling economy but are building in anticipation of a growing and thriving one.

While there just isn't any denying that things are tight and that we are all feeling the effects of a tough economy, history and logic tell us that the economy will right itself in time. You can make a lot of guesses about how and when that will happen or you can look ahead to where you want to be when it does, and then, just maybe you can construct your own path from one place to the other.

Maybe that's the point to what Glens Falls National, the ARCC and all the others are trying to tell us. Think forward to a better time and in between that time and this one, lies the way to get through it all. If you're stuck in wallowing in the mud, you have to choose not to wallow but to look toward the solid ground and chart a careful course to surer footing. Many of us have been wallowing in that pit of mud, commiserating with each other about how much mud there is, how thick and black it is, wondering how much worse it will get. In doing so, we've inadvertently accepted an outlook filled with Gloom and Doom.

This week some of our communities leaders have taken a stand against the demoralizing negativity and have pointed out a way to a better tomorrow. It happens by refusing to willingly participate in a recession. Maybe we can't change the events affecting us, but we can change our responses, and it's our responses that determine our outcome. Reach out and grab the hand of progress, then, reach back and offer it to someone else. YES, let's Turn Down the Gloom and Doom!

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