Is it really all that bad?

iVillage Member
Registered: 08-04-2008
Is it really all that bad?
40
Tue, 03-24-2009 - 10:08am

I just read someone's post and it sounded so hopeless with regard to the economy.


Folks - 90% of people ARE STILL employed!




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iVillage Member
Registered: 03-25-2003
Tue, 03-24-2009 - 11:21am

I was just thinking about this recently. IMO, all the doom and gloom on the news isn't helping and could be making things worse. A lot of people are struggling and it is a scary economy, but we still live in a country where the poorest people still have more than most of the people in the world.

I think the current financial crisis might be a blessing in disguise. Everyone is tightening their belts and hopefully, people will stop living beyond their means, so after we pull through this, our economy will be even stronger. At least, I'm hoping that's what happens.

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iVillage Member
Registered: 03-17-2003
Tue, 03-24-2009 - 11:54am

It is really all that bad.


According to CNN's report from the Dept. of Labor stats, "The U.S. economy continued to hemorrhage jobs in February, bringing total job losses over the last six months to more than 3.3 million, and taking the unemployment rate to its highest level in 25 years.

iVillage Member
Registered: 10-09-1999
Tue, 03-24-2009 - 12:15pm

skibunyns,

iVillage Member
Registered: 04-10-2003
Tue, 03-24-2009 - 1:17pm

Well said Cindylee.


I couldn't agree more!


This is the perfect time to reexamine priorities and figure out


Bex -

iVillage Member
Registered: 10-01-2008
Tue, 03-24-2009 - 1:26pm

The answer to your question depends upon how you define BAD.

Norma


"Patience is the best remedy for every trouble"- Plautus


iVillage Member
Registered: 08-04-2008
Tue, 03-24-2009 - 1:56pm

Oh, I am not saying that life is peaches and cream for everyone, but employment usual lags behind economic changes.




iVillage Member
Registered: 03-17-2003
Tue, 03-24-2009 - 2:26pm
Not wallowing.
iVillage Member
Registered: 11-14-2008
Tue, 03-24-2009 - 2:31pm

Here is the difference in the bads.

The people that lost their jobs 40 years ago did not have ridiculous mortgages, home lines of credit, and 10 credit cards maxed out they had to make payments on. Even with two incomes, the math does not work.

I'm not blaming anyone, these are are just facts.

It really is that bad, and it is getting worse, even for people that you wouldn't think.



iVillage Member
Registered: 03-27-2005
Tue, 03-24-2009 - 7:15pm

You can wallow in it, and let it take you down the river, or try to find the bright side.


Not everyone will be planning a vacation, sending kids to college and making improvments on their homes this year.

iVillage Member
Registered: 08-22-2008
Tue, 03-24-2009 - 7:25pm

I'm not finding that the OP was so much "trivializing and marginalizing" as she was

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