The Great Recession -- or the worst economic climate since the Great Depression -- has been a beast for the past several years, and it seems to keep getting worse. Americans have a desire to put an deadline or end date on things only to have those words later bite them in the ass. Thinks Bush's Mission: Accomplished speech. Or Britney's promise to remain a virgin. Or Brett Farve.
The recession was declared over in 2009 or 2010, depending on what report you read. Many economists lay claim to June 2009, which is funny because that was the first month I drew unemployment.
So why are we still bitching? Because it sure doesn't feel over. The AP states that household incomes have fallen more since the official declaration than in the actual recession itself. See the story here http://www.stltoday.com/news/national/834c650d-e155-577d-8b4e-e1ce51cb1f52.html
What shall we call this repeated recession then? Recession Part Deux? The Recession Strikes Back? Honey, I Shrunk the Economy?
Ms. Streep, what are your thoughts?
The economy is scary enough to make even those with jobs nervous. My husband recently quit to go back to school, and we both worry whether he'll be able to get a job again--ANY job--once he's finished his degree.
ReplyDeleteAny luck finding anything?
Still kind of trying to get on my feet. I am at SIU working on my master's in hopes of being employable again. How are you doing?
ReplyDeleteDoing okay. I just read the other day that the unemployment numbers dropped, so that makes me hopeful! I would LOVE to get my master's degree. Good for you, taking a bad stroke of luck and turning it into an opportunity. :)
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