Thursday, March 12, 2009
depression/recession
The government should call it what it is. A depression. If not for the use of the word economically, for the use of the word emotionally.
They call it fear.
Fear to spend.
Fear of job loss.
Fear of the future.
What it is is a depression.
The economy is depressed and so are the people.
Unable to find work because there is no work.
Hopeless.
And this time no bail out will help that feeling.
The rich are clueless.
I have heard people complaining about not having "enough" money. That's the rich wondering if they can afford to take the trip to Spain this year, and having to make due with a 2 year old luxury car. Even they are without hope because the lifestyle they have come to beleive is their right is GONE.
The poor have no hope because the jobs they depended upon to make it from pay check to paycheck, are gone.
At first there were no manuracturing jobs, then no construction jobs, and now no retial jobs.
Why?
Greed.
It was easier to sell a business to a foreign corporation and have them dismantle it and move jobs elsewhere than it was to actually MAKE A COMPANY profitable in the US.
We've outsourced our future because of the greed of the past 8 years.
And now we pay for it.
And that's what's causing a depression.
We finally realize that we did it to ourselves.
They call it fear.
Fear to spend.
Fear of job loss.
Fear of the future.
What it is is a depression.
The economy is depressed and so are the people.
Unable to find work because there is no work.
Hopeless.
And this time no bail out will help that feeling.
The rich are clueless.
I have heard people complaining about not having "enough" money. That's the rich wondering if they can afford to take the trip to Spain this year, and having to make due with a 2 year old luxury car. Even they are without hope because the lifestyle they have come to beleive is their right is GONE.
The poor have no hope because the jobs they depended upon to make it from pay check to paycheck, are gone.
At first there were no manuracturing jobs, then no construction jobs, and now no retial jobs.
Why?
Greed.
It was easier to sell a business to a foreign corporation and have them dismantle it and move jobs elsewhere than it was to actually MAKE A COMPANY profitable in the US.
We've outsourced our future because of the greed of the past 8 years.
And now we pay for it.
And that's what's causing a depression.
We finally realize that we did it to ourselves.
