Recessions are usually short ( if the government keeps out of it ) but this one will take longer because the main perpetrators have the influence and power to attempt to fix what they broke. We're talking Federal Reserve rulers, congressional leaders and lame-duck presidents.
Call recessions downturns, slow cycles, panics, or sluggish economies. They don't last long unless there is a whole lot of meddling going on. Keep your chin up, your hopes alive and your gold in a safe place.
If the recession goes on and on, we can benefit by a well-deserved rest. Our bodies and minds need that. Nearly everyone will drive less (the car will get a rest) and accidents will be reduced. A slower pace will replace the crazy-fast pace that's prevailed. We won't eat too much, like we usually do. We might become less materialistic. We will appreciate everything more.
More gardens will grow, traffic will lessen, families will come together, and everyone will have more time to think.
Depressions are horrible, but a hands-off recession is not all bad.
It's all so simple.
Overheard at Only The Lonely
"Obama is considered a Black man. He had a white mother, so why isn't he a white man? If his father had been Chinese, would we call him a Chinaman? Who decides these designations? We are all members of the human race. We don't need no stinking color coding."
"The guy at the end of the bar says, 'Bill Clinton was the first Black president.' Boy, he had me fooled."
"Obama talks about hope. Hell, Clinton came from Hope (Arkansas.) Didn't do him much good."
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