Monday, August 22, 2011

HOW ARE NORTHERN OHIO READERS DEALING WITH THIS "RECESSION"?

     It doesn't take a genius to determine that the majority of the people reading this blog have had some type of life-changing experiences due to the current economic situation in the U.S.  Even those of you who considered yourselves to be fairly well-off a couple of years back are experiencing difficulties with your stock market portfolio, your IRA, your 401K, or a general slacking off of your business.  HOW ARE YOU DEALING WITH THIS?
     Those of you who were not wealthy, but financially "comfortable", are also seeing unpleasant changes in your monetary situation.  Perhaps you have had to assist less-fortunate family member, even going so far as having to take them to live under your roof, or send them some money to keep them afloat.  HOW ARE YOU DEALING WITH THIS?
     Then you come to those individuals who were poor or just "making it" before the so-called "recession" hit our country.  Where are all of you now?  Losing your homes?  On public assistance?  Even in homeless shelters?  My question to those of you in such terrible straits due to our recession is HOW ARE YOU DEALING WITH THIS?
     I personally believe that this is not a recession, but a full-fledged DEPRESSION, much like the one that our parents or grandparents used to refer to as THE GREAT HOOVER DEPRESSION, a terrible time in our country's history. beginning in November of 1929, and continuing well into the 1930's.  Not to get too political here, since I am directing this blog toward those of all political persuasions, but the Depression was helped, in my humble opinion, by the drastic measures taken by the Democratic President Franklin Delano Roosevelt, who was elected to four terms in office, and who saw us through not only the Depression, but World War Two, as well.
     My purpose in asking my readers HOW ARE YOU DEALING WITH THIS? is in the hope that your anonymous comments may be of help to your fellow citizens of Northern Ohio.  So let's hear your suggestions, your experiences, or whatever you wish to offer.  Remember, readers, we are all in this thing together.  Let's see if by helping others with your suggestions and ideas, you are also able to better help yourselves, if not monetarily, then at least by being able to feel that you have done a "good deed."

2 comments:

  1. Recession or depression there are so many people who have been impacted by the events of the past few years. Whether you believe it was Bush or Obama who caused this it provides little comfort for those who are feeling it the most.

    I have returned to school and graduated in the time this down turn has been upon us. I feel its affects everyday while still seeking a job. I never stop trying to help anyone I can with the talents I have been blessed with.

    I hope everyone who reads this knows that times will get better and never gives up. Thank you Peggy for your acknowledgment of the hardest hit. May they find comfort soon.

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  2. You're so welcome, Richard. And thanks for reading my blog. If there are other topics that you would like to see discussed here, just let me know.

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