What Happens In A Good Economy
It’s not that often where I can find an article on CNN.com that has much relevance to Rhode Island, but this one caught my eye. It just shows what a little ingenuity and work can do when you actually have a thriving economy.
Out in North Dakota where the unemployment rate currently sits at 3% due to a new oil boom, a high school student was able to identify a need. Due to the nature of the work and the places that people are living, showers can be hard to come by. Even to the point where people wait hours for a shower at a truck stop. This teen then hatched a plan to purchase an 18-wheeler trailer, retrofit it with shower rooms and an office, and purchase a separate water tank. He offers the service for a fee to the workers.
Sure, I get the point that North Dakota might have gotten lucky with the oil boom. That’s like hitting the lottery. But at the same time, the state has been smart enough to simply get out of the way and let the business and entrepreneurs thrive. Business begets business. When you let the market thrive, other businesses will piggyback on top of it and when people perceive a need, they’ll work to fill that need.
The other thing that struck me in the article was the kid’s attitude with regard to work and money.
Jensen said that while his parents would always be there to assist if he really needed it, the burden of tuition rests squarely on him. He is determined to balance his passion for music with the reality of life.
“Music is what I absolutely love doing, but for anything in life, if it doesn’t pay the bills you gotta find something that does,” he said.
“you gotta find something that does.” Wow. If you fail at something, keep working to find something else that you can be successful at. That is about as opposite from the “what’s in it for me” and the “where’s my handouts” attitude that seems so prevalent here in Rhode Island.
North Dakota is about 1800 miles from Rhode Island but judging by the differences in the states, North Dakota might as well be Mars.