The Recession
By celtickimba
@celtickimba (28)
United States
March 10, 2012 6:52pm CST
I say its a recession because that is what the media is calling it, although sometimes I believe it to be a depression. I had always read about the great depression while growing up and was always curious about it, and what the people must have gone through. I never thought I would see it for myself. Most of my carefree and youthful years were, the Reagan years, when even my immigrant father was supporting a family very well. There is no way someone as he could do what he did today. My mother never had a job ever in her married life.We did not live in a crummy apartment either one would assume today under such circumstances, we had a large home with huge french windows and a backyard where we could easily play football or whatever sport we were interested in. If I were to take up a hobby of any kind, I had the space to accomodate it, whatever it may be, and No, we did not live on a farm somewhere. We lived in a Los Angeles suburb where one has to be a millionaire to live today.
I knew the recession was here when a friend of mine who has worked all of his adult life stated that he is in a panic and will have to go into forclosure on a vacation home he had. This guy spend over 12 years in school and basically did all the right things and his business was coming apart at the seems. I was scared for him because I knew he would be suicidal if things continued to get worse.I then started to focus on my own life and saw a similar pattern, however, in my case the decline was not as fast or as severe. I wish California would change its methods that have not been working the past thirty years. Its time to wake up
1 person likes this
6 responses
@megamatt (14292)
• United States
12 Mar 12
Well it is certainly a depressing enough situation to follow. And any "help" that we get(and I use that term loosely) from the government seems to really just drive us right into a deeper hole. Of course, we should have realized the consequences years ago of what was happening. Sadly those who realized it were not in a position to do anything and those who didn't realize it, were in the position to muck up the situation.
I really have no idea whether or not this is going to end. If we are ever going to be completely in the clear. I still come back to a thought that in the last century, we have peaked as a species, as humanity, and now this is the slow steady decline right to extinction. Generations of problems have caught up with us, all around the world. There is no magic situation, no magic wand to be waved to really fix all of the situation.
@peavey (16936)
• United States
11 Mar 12
We grew up poor, but secure nonetheless. I think the biggest problem now is the lack of security. Daddy worked on a ranch and could have worked there the rest of his life except he had kidney failure and had to quit. The owners bought Mom and Dad a mobile home and moved them to it - a sort of retirement. The VA paid for his medical bills and he got a pension from them and combined with some savings, they were able to retire comfortably.
Now...? If a disaster happens, you're pretty much on your own. Yes, there are good employees, but not so many and they have their own problems. The VA still provided medical care and pensions as far as I know, but not everyone has been in the military like they used to be.
The entire financial temperament of the nation and the world has changed a lot so that old rules don't work any more. Get an education, get a good job or start your own business and you're set. Not any more, as you say. Maybe it's just up to us to learn the new rules. I wish someone would tell us what they are.
@Mitraa (3184)
• India
11 Mar 12
I was born and brought up in a family, mainly having agriculture as the prime source of feeding up us. Though father had a small business in Kolkata, the earning from it was mainly utilised to build up new houses for us at our native place as well as some other expenses of family. So recession had minimum impact on my surroundings and now people have forgot it!
In this modern age of golbal-market, I hope, recession can be very well diffused and managed by a well designed MLM system. This is because of the truth that a good MLM system is well free from the impacts of recession and cares for the real wealth of people working with it. If it is a globalized one then its potential is very high!! Thanks and welcome!!
@cher913 (25782)
• Canada
11 Mar 12
i am like you. i grew up with my dad having a good, well paying steady job (he worked there for 35 years) and my mom worked here and there but these times are so different. the days of people working for one company for their whole lives are a thing of the past. you are right, too bad the governments don't wake up.
@cearn25 (3456)
• Philippines
11 Mar 12
When it is recession, everybody suffers. A lot of people will surely have difficulties on how to survive in a day. Even I can feel the recession. Nowadays it is so hard to find money. If I have the money, I can't just buy this and that. I have to balance and save.
