No picture to go with this post. This is not about my photography. It is about those in this field who have been hit with economic uncertainty and have been trying the best they know how to 'tough it out' and survive the uncertainties of these times.
I have spoken with a handful of architectural photographers in various regions in the United States and, across the board, business is down. I can understand that as my business is also down. However, where I have experienced an upturn in the last couple of months many of these other photographers have not. I think it is no fault of theirs. I lay the blame on two things.
First, the economy is in a seemingly endless state of uncertainty. Lawmakers and those in charge of policy are doing little to nothing to instill confidence. As of the time of this post we do not know if taxes will be increased on the majority of businesses in 2011 or if Congress will do the correct thing in a recession and NOT raise taxes. This uncertainty is hindering business decision makers. The Health Care Bill is still something of an unknown. Remember, it had to be passed before we could find out what was in it. It was passed. Has anyone adequately explained it YET? No. Yet the health care industry must position itself to act according to the policies that will - or will not - be in effect shortly. Nobody knows right now what the health care industry will look like in 2011. A majority of the nation want to ditch the whole thing. Will Congress change hands and eventually repeal this? Nobody knows. Total uncertainty.
Financial reforms, Wall Street reforms, government bailouts, various and sundry stimulus packages that have yet to bring jobs to those in need of work. All of these things, in my opinion, are interfering with the natural market forces that must be allowed to operate relatively unfettered in order to deal efficiently with what ails us economically. Yes, I am a free market kind of guy. I believe in economic liberty. This means some will succeed and others will fail. I think that beats the kind of across-the-board failure that seems prevalent today. I do not see the spreading of wealth. I see the spreading of unserviceable debt.
An old Wall Street truism goes "The markets hate uncertainty". That applies to the investment community but the same psychology applies to any significant economic decision.
What I think we need at this point in time from our leaders and lawmakers is a specific plan to increase economic activity. This should be a plan that can pass the 'common sense' test. Easing taxes on businesses makes perfect sense but that threatens the base of the Democrats who still feel that the rich are not paying enough. That will likely not happen with this Congress. It should also be a plan that has staying power. Extending unemployment is putting a bandaid on a severed jugular. It might solve a very temporary problem (and buy a few votes in the process) but the end result is a net tax BURDEN that, in the long run, applies pressure for more jobs being killed by taxation.
This is a complex situation that has arisen for complex reasons. Both political parties share in the blame. Personally, my feeling is that we need to throw out the CAREER politicians whose jobs depend upon how many votes they can buy and send people to Washington who can do the right thing without the overhanging threat that their career status as a politician may be put to an end by a decision to do the RIGHT thing.
Wow, that went far afield. Back to those photographers. These people, myself included, are very small businesses. What we do is a valuable service to the building and design trades. I am blessed to have clients who, even when times are tough, realize that their investment in photography pays a return. My hope is that the economy will resist a 'double dip' and that those in Washington will start to realize that, like long ago, we have nothing to fear but fear itself. Maybe they can put the fear mongering campaign rhetoric aside for once and start to do something wise and productive.
Maybe I am a cynic. I am for sure not going to hold my breath.
Hang in there guys.