10 Reasons to Love a recession? I don't think so!
By ctrymuziklvr
@ctrymuziklvr (11057)
United States
July 2, 2008 7:40am CST
Recession Blessings
"Of course, no one wants a recession. It can cause serious economic pain for millions. However, economists tell us there are some reasons to actually welcome, perhaps even embrace, a recession. After all, a recession is the ebb part of the natural ebb and flow of the U.S. economy."
Maybe what they are saying is true but I think it would only be for those who have the money to survive a recession and not the "little people" who have to struggle pay day to pay day.
Do any of these reasons make you look forward to a recession?
http://money.aol.com/bankrate/credit/10-reasons-to-love-a-recession
2 responses
@fpd1955 (2074)
• United States
5 Jul 08
The only people that seem to be able to survive and live comfortably in a recession are the rich. The middle class suffers the most, as usual. I don't know when or if this country will change so that the rich won't keep getting richer and the middle class will catch some breaks. There needs to be massive changes in our tax laws.
PEACE
@baileycows (3665)
• United States
2 Jul 08
I did not really see any reasons that would be important enough to have a recession. I think it is crazy.