6 • JUNE 17, 2022 OPINION
bransonglobe.com
Train Up a Child: Experience is the best teacher First Amendment to the United States Constitution Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances. ROB DOHERTY Publisher (504) 583-8907 robd@bransonglobe.com JANET STEINKAMP Editor editor@bransonglobe.com GARY GROMAN, A.K.A. THE OLE SEAGULL Independent Writer
BY PAT LAMB Columnist
O
ne of the best things that parents can do for their children is to give them a variety of experiences. There are many benefits in doing so. Giving a child experiences in various areas increases a child’s understanding of the world around him/her. It also increases a child’s vocabulary resulting in greater comprehension
K
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Taney County Account Representative
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retarded mentally. He seemed to catch on quickly once we started working with him and allowing him to play with the toys we had purchased for the children. It is good to give a child many experiences because it helps to develop understanding of the world. As the child comes in contact with others, s/he develops a greater understanding of emotions of people. Experiences also show children job requirements people must meet in order to be self-supporting. Every new experience introduces new vocabulary to a child. We tend to block out the things we don’t understand and “latch on” to the things that are familiar to us. Many times students in my GED classes have told me, “I have
never heard that word before!” In actuality, it may be a word that is commonly used in conversations. They had simply blocked it out because they didn’t understand it. When a child has many experiences, the vocabulary obtained from those experiences becomes familiar and is no longer blocked out. The child then not only has a better understanding of what is read, but also better understands conversations that are going on all the time. What kind of experiences can we give our children? Visiting national parks is perhaps one of the best. Right now, Civil War reenactments may be taking place at some parks. When our children were young, my husband had a habit SEE TRAIN UP, PAGE 8
Stock Market Insights: ‘70s style stagflation doubtful
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in reading. Of course, it is important to choose the right kind of experiences. When my husband and I worked on the Navajo reservation, we had a little boy who had many social problems. He could do practically nothing in school. He was frightened and kept running away from the dormitory and school. He was sent to Phoenix to see a psychiatrist. The problem was that the boy had lived with his deaf grandmother most of his life and spent most of his time herding sheep. He had no one to talk to and no experiences other than sheep-herding. This is an extreme example of a child who needed experiences. He was frightened because he knew nothing about other children or the world around him. He was not
BY DR. RICHARD L. BAKER, AIF® Founder & Senior Wealth Advisor at Steadfast Wealth Management
haki pants, a plain light blue shirt, and a navy blue jacket are what I want to wear every day, but my cute wife says I need to mix it up a bit. She buys me patterned dress shirts and weird lined sports coats. I put on an ugly patterned shirt and an ugly jacket only to get the ‘stink eye’ from her. She says, “You can’t have patterns going in different directions.” I go change and wonder why she won’t just buy me tan pants and blue shirts.
Her opinion about patterns going in different directions is sort of like the stagflation I’m hearing tossed around by analysts lately. Every morning I read analyst and research reports about the market. Some I would consider pessimists, and some are overly optimistic for balance. One of my favorites is El-Erian, who is the former CEO of Pimco. He is a pessimist but has great research. He said in a recent interview with CNBC that the U.S.
economy will have 1970s-style stagflation where inflation stays high, slow economic growth, and high unemployment. If he’s right, it would be bad. I disagree with him. I see the first two trends, but our unemployment is too low not too high. Things are difficult for the market, inflation is hurting consumers and corporate profits, yields are rising, stocks are volatile and consumer sentiment (opinion) is SEE STOCK MARKET, PAGE 8
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