COACHING THE ECONOMY

From my friend, Alan:  The head football coach was about to send a rookie college football coach on his first recruiting trip.  The prior season had yielded  no wins, eight losses, and two ties.

Old coach’s instructions.  1.  If  they ask you what our team record was last year, pretend you didn’t understand them.  2. They will likely respond, “…what was your record last season?” 3.  You can then say “Oh! EIGHT AND TWO”.

(It is not whether you win or lose, but how you place the blame. Or CLAIM THE FAME!)

(“It’s the economy, Stupid”!)

Here is a quote of my own.  Almost always the coach being fired is a better person than those firing him/her.

I hated  to fire a coach.  Like shooting your dog.

Historically team wins dictate employment.   2-8, 1-9, 2-8, adios.  Most  recoveries look hopefully like this—first year (3/5) , second year -5/5, third–7/3 and  almost everybody is happy.  Can’t please em all no matter what.

There are a lot of different things going on now.  Historically judgement on football coaches was about four years.  A lot like politics. “Give him four years to build his program” to “he better win next year or he’s gone.” Like politics?   Similarly “…if he gets it done in four years, we’ll give him four more!”

The previous Presidents, Clinton, W, Obama had eight years.

There is currently a lot of chest thumping over the economy.  And, in fact, the current crowd began to brag about this being totally to their credit  very early on.  A little quick for football.

CLINTON from 1992-2000  ended with a surplus budget.  (“It happened during my administration!”–POGO, AND BILL.)  Economy record?  9/1.

2000-2008:  The “W” (give cheney  and rusmfeld plenty of credit).  Iraq and hedge funds.  The term “trillions” at the end of this eight.  Economy record, 0-10.

Obama (2008 – 2016) .  The good news on the street is that we have been in the longest bull stock bull market ever.  About 8/9 years.  Hmm, that puts its beginning about 2008.

JET JOB (definition).  In the sports world when a team improves rapidly, skeptics arise.  Why?  Because to do it right takes time.  When a team goes from 2/8 to 8/2 in the first year of a coach’s tenure, eyes roll.  Pundits ponder.

It can happen quickly.  One team we had pulled 2/8 to 8/2.  I’ve got to say that coach was a really good one and we brought in two all time players at QB and wide  receiver.  After another 2/8 was about to be terminated, one staffer seemed concerned:  “I’m not sure.  This guy has recruited a great group for next year, plus he had the courage to properly red shirt some that will really help.”  Still he was replaced and the new coach went 8/2.

“You can’t make chicken salad until you have the chicken.”  (Buddy Bedgood).

MAYBE JUDGEMENT (CREDIT) ON THIS POLITICAL GROUP SHOULD WAIT UNTIL 2024.  OR 2020?

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