Don't Worry, Be Happy!

It's all so obvious now! The reason the economy isn't improving is because we're all hopeless pessimists, and all we need to do is have a little faith! Why didn't I think of that?!

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Australia can smile away the recession, says Treasury boss Ken Henry
- News.com.au, November 12, 2008

"THE threat of recession could disappear if we all put a smile on our face, the Government's top money man said today.

After two months of persistent bad economic news, Treasury secretary Ken Henry said the worst could be avoided if Australians simply cheered up.

'Fundamentally what is driving weaker economic outcomes globally at the moment is fractured confidence,' Dr Henry said. "