Jayne did a post on her take of the economy, found here, as only Jayne can. Funny and biting, she is always a kick to read.
However, we had weekend visitors who are currently out of work. This was a man who was at the top of a division of one of the largest companies in the world. If he can be out of work, anyone can.
I was reminded, once again, of the economy. Sometimes, just for a moment, you forget once you start working again. After all, any paycheck feels like hitting the lottery after two years without one. Then you pick up the paper, or tune into the news and are brought back to our current state of affairs.
So what exactly is the difference between a full-blown Depression and the current Great Recession? We still see long lines of people looking for jobs on the streets, curled around corners and continuing for blocks. We know that families are being displaced by the thousands every month. We know that schools are struggling to feed hungry children, who are not getting enough at home. The only new job numbers being added are the census workers. And now I read that some job postings are saying that the unemployed need not apply. They are only looking for employed workers! Whoa, I wouldn't want the karma coming to the genius who thought that one up.
So what is the difference? Can anyone tell me?