Dear recession:

There are two types of people when it comes to economics and this whole issue.
1. Folks that take control of their lives and simply succeed at all costs. We dont make excuses or complain, we just do what we need to do (with no help form anyone or thing) and keep our family secure and financially sound. We are individualists. Typically we are optimists through and through. We dont put too much stock on the leader of our nation, We have our preference but either way we love life.. we remain optimistic and happy.

2. Then there will be folks that sit back and wait for someone or uncle sam to "help" them. They feel something is owed to them. They are doom and gloomers and never see the glass half full. They are pessimists. they are only happy when misery is "equally distributed"
I disagree. There's a whole lot of space in between these two extremes. Some things are beyond our control as individuals, and we have to exist in the world that's here -- no amount of optimism can make the world something it isn't. We have to deal with what we have, not what we wish we had.
Either folks are happy and secure (due to their own personal abilities) or folks ar enot happy and not secure.
Nope, I can disprove that one. I'm thinking of a relative of mine. He's a high school drop-out and is currently unemployed. His live-in girlfriend is also a high school drop-out, and she works part-time at a minimum wage job. They have two children, no health insurance, and no income. Yet they're HAPPY AS CAN BE. Why? Because other people are taking care of them, and they have plenty of time to sit home and smoke dope! They have no sense whatsoever that they are insecure. If the government checks stop coming, they have several family members who won't let them starve -- especially with two small children. In fact, someone GAVE them a house not long ago. They don't fit into either of your two neat little categories. The world is a bit more complicated that you suggest -- or, perhaps I should say that PEOPLE are a bit more complicated.
 
Wow ....

2 types of people?

I think you are so wrong since I do not fall into either category.

My DH has kept my family secure and financially sound.

But I am also able to see a recession for what is .......a recession.

I am also able to have empathy for those who are going through tough times.


The recession has not hit us personally.

We have no credit card debt. Our home is paid for, as are our cars. Our snowbird home has a small low interest, low payment morgage.

My husband is self employed. He has owned his company for just over 40 years.
We have been married for 40 years and have weathered other recessions.
If DH did lose his business which is higly doubtful since his business often does better during bad times we have enough saved to last many years.

I not worried for myself or my family but I am
a caring person and I know these times are hard for many families .My own home state of Michigan has been lossing jobs for 8 staight years and I have seen friends and neighbors who have experienced lost jobs due to the economy. Yes, the economy is not in good shape in many of our states.

I hope things will get better soon.

Just my 2 cents.
My husband and I are younger than you, but I could say many of the same things. We've worked hard, we've saved, we've paid off our house, and we have no debt. None of this just happened; it took a great deal of planning and effort. He has 20 years in at his job, I have 16 in at mine. We both have two college degrees and would be difficult to replace. We are secure and are not playing the victim in any way. Still, I can't say we are unaffected by the recession. We know that he will not have a salary increase this year (something that his work over the last year has definitely merited), and my entire school system was denied a bonus that we earned for our work last year. We are going to lose several teaching positions, and that means our class sizes will increase; this is bad not only for my students, but for my own children too. As people around us are more heavily affected by loss of jobs and increase in prices, we have seen an increase in crime in our area. Though we personally have substantial savings, we are concerned about what this economy will mean to our children as they finish high school and enter college and the working world over the next few years.

We are ALL affected -- some to a greater extent, some to a lesser extent. The posters who say it's all just in our minds, it's all caused by fear, etc. are really out of touch with the reality of the situation. Sure, plenty of us are still in good shape financially, but that doesn't mean we can't see beyond our own noses to realize what's going on in the larger picture!
 
Um, you said several times that you are going to refuse to participate. Essentially you're saying that you don't believe it's real. Would you say, "The house is on fire, but I refuse to let it burn me."? Would you say, "Oh, it's raining, but I choose not to let the raindrops hit me."? Of course not. But that's what you're saying about the recession. By saying you're going to ignore it, you're saying you don't believe it's happening.
Nope not even close. Refusing to participate is NOT saying it is NOT happening. However engaging in commerce and not listening to the doom and gloomers and the sky is falling folks is all part of not participating. I am a steady as she goes type of person and am not panicy because some say I should be. My house value is a bit down but that is ok because I bought my home to live in not as an investment. The dropping of interest rates is a HUGE boon to me as I am about to refinance.

I'll give you a concrete example: My 401K is way down right now (and I can't "choose" to pretend otherwise). I'm not pulling out the money that's there because those mutual funds will recover -- it'll probably take a couple years, but they'll come back. However, it would be foolish to continue to put new contributions into those same aggressive funds; I've switched my new contributions over to a safer fund. By being aware that "the rules" have changed, I'm preventing myself from putting more money in a dangerous spot.
Pardon my french but IMHO it is foolish for anyone in their mid 40's and under NOT to put new contributions into those same aggressive funds. You are now able to buy more now than you were last year. It is your money and you invest how you see fit.

History is on my side on this one and there have always been expansions and contractions in the market. The people who bought into the market after the Great Crash were millionaires in the 1950's. They would have been sooner except there was that little thing called WWII that got in the way. If anything, I am increasing my contributions in this market because I am pretty sure we are about close to bottom. Yes I am down about 18% in all of my investments when you take into account dollar cost averaging, but I see nowhere to go but up.

The rules have not changed any more now than they did over 70 years ago.

As a new entrepeneur everything I am involved in is cheaper than it was a year ago. Labor is available more cheaply, so is office space. I can negotiate with suppliers more readily. While everyone is cutting back on their advertising dollars because that is what FEAR is telling them to do, I am spending more aggressively and marketing more heavily than ever. Some of my competition is going to close up shop because they are participating in the recession. My low overhead business model is allowing me to compete and do so more cost effectively than ever.
 
Yeah, im done with it also (this thread).
There is no need to continue. Folks have thier opinions and thats fine.
It all boils down to this:
There are two types of people when it comes to economics and this whole issue.
1. Folks that take control of their lives and simply succeed at all costs. We dont make excuses or complain, we just do what we need to do (with no help form anyone or thing) and keep our family secure and financially sound. We are individualists. Typically we are optimists through and through. We dont put too much stock on the leader of our nation, We have our preference but either way we love life.. we remain optimistic and happy.

2. Then there will be folks that sit back and wait for someone or uncle sam to "help" them. They feel something is owed to them. They are doom and gloomers and never see the glass half full. They are pessimists. they are only happy when misery is "equally distributed".

This is the insulting, dismissive tone that has gotten a rise out of so many posters. That those people who worked hard and built a life only to see it all crumbling around them are unmotivated do-nothings waiting for the government to step in and rescue them - IOW, only people who *deserve* to be out of work and foreclosed upon encounter such difficulties. It ignores completely the reality that many of the people hardest hit right now are the hardest working, the people who endure crappy working conditions and do physically demanding jobs and who have seen their wages shrinking even throughout the recent economic expansion. And it also ignores completely the fact that many of those who are secure are there by no merit of their own but rather by being born into advantaged circumstances.
 

Wow ....

2 types of people?

I think you are so wrong since I do not fall into either category.

My DH has kept my family secure and financially sound.

But I am also able to see a recession for what is .......a recession.

I am also able to have empathy for those who are going through tough times.


The recession has not hit us personally.

We have no credit card debt. Our home is paid for, as are our cars. Our snowbird home has a small low interest, low payment morgage.

My husband is self employed. He has owned his company for just over 40 years.
We have been married for 40 years and have weathered other recessions.
If DH did lose his business which is higly doubtful since his business often does better during bad times we have enough saved to last many years.

I not worried for myself or my family but I am
a caring person and I know these times are hard for many families .My own home state of Michigan has been lossing jobs for 8 staight years and I have seen friends and neighbors who have experienced lost jobs due to the economy. Yes, the economy is not in good shape in many of our states.

I hope things will get better soon.

Just my 2 cents.

Dontcha love how if you complain or feel that the country is not in a good place right now, the poster automatically assumes you're hanging around waiting for "uncle sam" to take care of you. :rotfl2: Yeah, I went to Med school and all my friends are just waiting for that big welfare check and I guess I'm also a failure I keeping my family safe and secure. How he/she would know that is a mystery to me It's lucky for me I've got ole Edwardsfire to tell me exactly what's wrong. :rolleyes1 Stupidity knows no bounds.
 
... And it also ignores completely the fact that many of those who are secure are there by no merit of their own but rather by being born into advantaged circumstances.

Also - a lot of those who are secure have taxpayer paid jobs - teachers, policemen, firefighters, military - etc.......
 
Dontcha love how if you complain or feel that the country is not in a good place right now, the poster automatically assumes you're hanging around waiting for "uncle sam" to take care of you. :rotfl2: Yeah, I went to Med school and all my friends are just waiting for that big welfare check and I guess I'm also a failure I keeping my family safe and secure. How he/she would know that is a mystery to me It's lucky for me I've got ole Edwardsfire to tell me exactly what's wrong. :rolleyes1 Stupidity knows no bounds.

No kidding! We have experienced a drastic drop in income in 2008 and expect it to continue into 2009, but my DH is a skilled tradesman who owns his own business. We're hurting, but we're still a far cry from the welfare lines. And we're not all doom and gloom - we're being a little more careful with our spending and investing more in our long-term stability than we'd planned, but we're in a good position and may very well come out ahead in the long run. But it'd be flat-out stupid to continue living and spending as normal without a careful eye on what is going on in the world around us. That's how people end up blindsided and without any options better than public assistance in times like these - by thinking "It won't happen to me" right up until the day that it does.
 
Also - a lot of those who are secure have taxpayer paid jobs - teachers, policemen, firefighters, military - etc.......

And if things get bad enough, even those jobs may not be secure. The county where I grew up eliminated their parks & rec, senior services, and university extension departments, and cuts in policing may be next. Detroit has been laying off teachers, police, and fire fighters for quite some time, creating an unusual amount of competition for jobs in suburbs that were still hiring, and as falling property values impact tax revenues, more and more communities are looking towards cutting even essential services.
 
This is the insulting, dismissive tone that has gotten a rise out of so many posters. That those people who worked hard and built a life only to see it all crumbling around them are unmotivated do-nothings waiting for the government to step in and rescue them - IOW, only people who *deserve* to be out of work and foreclosed upon encounter such difficulties. It ignores completely the reality that many of the people hardest hit right now are the hardest working, the people who endure crappy working conditions and do physically demanding jobs and who have seen their wages shrinking even throughout the recent economic expansion. And it also ignores completely the fact that many of those who are secure are there by no merit of their own but rather by being born into advantaged circumstances.

:thumbsup2

I'd also like to know which side were we on when I was pink slipped. Was it the 10 percent who were unemployed? the 90 percent who weren't since DH wasn't? The OP's version of 90 percent doesn't take into affect the fact that one person could be laid off while the other isn't in a two income household.

Actually, the OP doesn't take a lot into his thinking. Maybe a few more toastmaster classes or how to get along with others and a few less ribbon cutting ceremonies would be helpful.
 
Also - a lot of those who are secure have taxpayer paid jobs - teachers, policemen, firefighters, military - etc.......


I missed this quote, but in Michigan, teachers, firemen and police are being laid off left and right.
 
I missed this quote, but in Michigan, teachers, firemen and police are being laid off left and right.

I live in a city in MI that has laid off teachers, bus drivers, transit workers, firefighters and police officers. We have also closed a hospital, laid off nurses and other hospital personal. The casinos in the city are also laying off hundreds of people from chefs, to waitstaff to hotel workers. It is insulting to read that it is the fault of the workers that this is happening to them.

Guess what? IF these people can't find work, YOU will be paying for them through higher taxes, SAHD. They will need help with food, shelter, health care, etc. So it will impact you eventually.

If those with the rose colored glasses don't wake up pretty soon and see the dominoe effect this is going to have on everyone, then they are going to reap what they sow.

Everytime is see some of these "I am not going to participate" posters, I see them by their computer with their fingers in their ears, eyes closed repeating "Can't hear you! Can't hear you!":rotfl:

pinnie
 
Actually, the OP doesn't take a lot into his thinking. Maybe a few more toastmaster classes or how to get along with others and a few less ribbon cutting ceremonies would be helpful.
Wow nothing like a little personal attack against someone.
 
Also - a lot of those who are secure have taxpayer paid jobs - teachers, policemen, firefighters, military - etc.......

Those jobs are not so secure.
But as far as the milarty goes they will never be payed enough in my eyes for all they do.


But once again I see the OP can get everyone all worked up. He sure knows the hot topics:lmao:
 
:thumbsup2

I'd also like to know which side were we on when I was pink slipped. Was it the 10 percent who were unemployed? the 90 percent who weren't since DH wasn't? The OP's version of 90 percent doesn't take into affect the fact that one person could be laid off while the other isn't in a two income household.

Actually, the OP doesn't take a lot into his thinking. Maybe a few more toastmaster classes or how to get along with others and a few less ribbon cutting ceremonies would be helpful.

And maybe a few economics classes to better understand the unemployment rate and its shortcomings... 10% unemployment does not mean 90% employment. It means that 10% of the population is able and available for full time work but not able to find such work. Adding in people who wish to work full time but have settled for part time work or doing odd jobs increases the rate by about 6%. And that doesn't even touch upon the number of people working far below their skill level because some income is better than nothing - we have one friend who went from making $65K as a lead carpenter for a home builder to making $7/hour as a sales person in a building supply. They're slowly losing their house because they can't make ends meet on such drastically reduced income, but he's not unemployed so all must be well.

The numbers in this article are way outdated, but it gives a pretty good overview oof the limitations of the unemployment rate - http://money.cnn.com/2008/04/02/news/economy/jobs_outlook/index.htm?postversion=2008040208
 
No one on this thread is DENYING it exists. There are enough threads and news of people "rubbing it in" of how bad things really are.

If you have the urge to deny that there are people telling the recession they are not participating go start another thread about it.

It just seems like some of you will not be happy until everyone is miserable and cannot stand to see someone who is positive, upbeat and happy about their lot in life.

Quote:
Originally Posted by #1hockeymom
Actually, the OP doesn't take a lot into his thinking. Maybe a few more toastmaster classes or how to get along with others and a few less ribbon cutting ceremonies would be helpful.

Wow nothing like a little personal attack against someone.



Pot. Kettle. Black.
Looks to me that you engage in personal attacks as well.

pinnie
 
Wow nothing like a little personal attack against someone.


It was, and I am sorry, but you've been attacking people in this thread and others like it for months now.

No one wants to be laid off.
No one wants to have their house value plummet.
No one wants a recession or depression.

Saying it isn't happening will not only NOT make it go away, it could make some spend instead of save for the rainy day that is coming right around the corner.

Sorry if I hurt your feelings.
 
I missed this quote, but in Michigan, teachers, firemen and police are being laid off left and right.

I agree.

When workers lose their jobs, the state loses funds from two important sources of revenue – the income tax and the sales tax. When that happens States cut back on services such as teachers, firefighters and police.

For 8 long years Michigan has been in a recession.

We have a 9.6% unemployment rate .


I posted this on a few other threads:

Michigan's job loss is the longest since the Great Depression.

Here is an article that supports my claim:

Michigan's job-loss streak is the longest since Great Depression and that title was taken from an article which was written in Nov. 2006.

http://www.ns.umich.edu/htdocs/releases/story.php?id=1069

Nov. 17, 2006

Michigan's job-loss streak is the longest since Great Depression

ANN ARBOR, Mich.—Michigan has endured six straight years of job losses and the next two years will see even more—the longest stretch of employment loss in the state since the Great Depression, say University of Michigan economists.


Since mid-2000 to the end of this year, the state will have lost 336,000 jobs and it will lose another 33,000 jobs in the next two years, they say. Most of these losses are in manufacturing.


Moreover, unemployment in Michigan is projected to rise from an average of 6.8 percent this year to 7.5 percent next year and 7.7 percent in 2008—the highest rates since 1992.



Our unemployment was 8.5% in May of 2008. By October 2008 our employment was 9.3%.

In November2008 our unemployment rose to 9.6%

Link: http://www.bls.gov/EAG/eag.mi.htm

Many, many small businesses and local stores as well as many chains have closed.
Many of shopping centers have vacant stores. Many of our neighborhoods have vacant homes.

Cutbacks of many of our State services have taken place :



From this article:

http://www.policeone.com/police-products/training/articles/1697311-Police-cutbacks-rock-Michigan/



Police cutbacks rock Michigan

By Tim Martin
The Associated Press

May 21, 2008
DETROIT — Michigan's law enforcement agencies are fighting crime with about 1,800 fewer police officers than in 2001, and the consequences are showing up on city streets and country highways.

Violent crime is up in some areas, but arrests are down in part because police departments — with about 21,300 positions statewide, an 8 percent drop — can't keep up with the increased workload. During the same time frame, the state's population has stayed roughly the same.


The cuts have been most severe in many of the state's largest cities and smallest towns, according to data from the Michigan Commission on Law Enforcement Standards.

Citizens sometimes wait hours for an officer to respond to a property crime and more state highways go unpatrolled for long stretches at night. Support staff has been slashed, too, so police officers working high priority cases sometimes face a tougher time getting experts who can help build cases by giving polygraph tests or investigating questionable fires.

State crime labs often have a four-to-six month turnaround time on DNA evidence found at crime scenes, and it takes a few months longer in some cases. It's a shorter average delay than a few years ago but still long enough to leave many investigations that rely on forensic evidence hanging.

The state's 16 law enforcement agencies that employ 100 or more officers collectively have lost 15 percent of their law enforcement positions since 2001, according to the Michigan Commission on Law Enforcement Standards.

Some cities are looking at cutting police staffs even further as local governments struggle to pay for patrols. Tight tax revenues - caused in part by Michigan's long-struggling economy - are blamed for police layoffs from southeast Michigan's big cities to small, rural communities in the Upper Peninsula.

"We're stretched thin," said Sheriff Brian McLean of Houghton County, which pokes north into Lake Superior. "A lot of criminals, the halfway bright ones anyway, are realizing that."..........

Here is an article about Michigan's troubled schools:

Thursday, February 1, 2007
State cuts could push 20% of school districts into the red

Jennifer Mrozowski / The Detroit News

Nearly one-fifth of Michigan's school districts could be in deficit by the school year's end if the state cuts per-pupil funding by $224, according to a survey by the Michigan School Business Officials.

The statewide organization, which represents more than 1,800 school business officials, surveyed districts this month.

It found that about 120 districts would fall into deficit if cuts are made to address a state shortfall of about $1 billion this year.


"Part of the frustration is that here we are in the middle of the school year, trying to educate kids and now we have to focus on cuts," said Tom White, executive director of the Lansing-based association.

If a district falls into deficit, it has to create a reduction plan outlining how to eliminate the shortfall. Districts in deficit often face teacher lay-offs, higher pay-to-play fees, larger class sizes or less money for programs.

White said his office sent surveys to the state's 524 K-12 public districts and some charters.

Richard Witkowski, superintendent for Garden City Schools, said his district ended the 2005-06 year with a $1.3 million deficit. The 5,400-student district's budget for this year is $46 million.

Since 2001, the school system has closed a middle school, privatized food and custodial services, reduced administrative and clerical staff and cut ninth-grade sports and elementary band.

"Trying to cut back another $1.1 million would be devastating to our district," Witkowski said. <snip>



The survey also found that if there is no increase in the foundation allowance for the 2007-08 year, 28 percent, or 168 districts, would be in deficit. In addition, 53 percent -- 318 districts -- would cut their workforce by five percent or more and 70 percent, or 420 districts, would reduce programs for students.

Hildy Corbett, spokeswoman for Utica Community Schools, said the reduction in per-pupil aid could mean cutting $6 million from the district's $255 million budget.

The school system has been chipping away at its fund equity for the last four years, and has already had a series of layoffs that trimmed more than 60 staff members, including teachers. The 30,000-student system also closed a building that was being used for preschool.

"At this point, we don't have a plan to deal with any additional reductions," Corbett said. "We're still crying the cry that we need stable revenue for districts and children."

The system is weighing all options, she said.

In Detroit Public Schools, the per-pupil reduction could mean a loss of around $20 million, said Dori Freelain, the district's chief financial officer. The system already is trying to eliminate a $200 million deficit.

"We would be in a very severe situation," Freelain said. She could not say what areas the district would cut. But the system doesn't have much leeway with staffing because of employment and labor contracts and because the cuts would not be in response to a greater decline in enrollment, she said.

"It would generally mean we would take a hard look at current spending and place some serious controls on spending patterns and spending levels by year's end," Freelain said.

You can reach Jennifer Mrozowski at (313) 222-2269 or jmrozowski@detnews.com.


From the Govenor's FAQ website:

http://www.michigan.gov/gov/0,1607,7-168--81249--,00.html

Frequently Asked Questions About the Budget

How large is the budget deficit and why do we have another deficit after the Governor just cut $1 billion from the current budget?

Answer: The budget deficit in the General Fund and the School Aid Fund combined is currently about $920 million. Yes, the Governor just recently approved budget cuts for the current fiscal year that totaled more than $1 billion. The main problem is that the current budget was written based on economic forecasts that showed the nation rebounding from the current economic slump sooner. The country still has not recovered, and Michigan’s manufacturing-based economy is still suffering. Michigan has lost more than 300,000 jobs since 2000, including 170,000 manufacturing jobs.

When workers lose their jobs, the state loses funds from two important sources of revenue – the income tax and the sales tax.

Just my 2 cents.
 
Pardon my french but IMHO it is foolish for anyone in their mid 40's and under NOT to put new contributions into those same aggressive funds. You are now able to buy more now than you were last year. It is your money and you invest how you see fit.
Actually, one of the foremost rules of investing is DIVERSIFY. By keeping my already-made investments in my previous aggressive funds, and by channeling my new contributions to more conservative choices, I'm doing just what analysts say is best.
History is on my side on this one and there have always been expansions and contractions in the market. The people who bought into the market after the Great Crash were millionaires in the 1950's.
You know that saying, "A little knowledge is a dangerous thing"? It applies here. You're implying that everyone who just "rode it out" in the Depression stock market came out smelling like a rose. Yes, some people made millions by being in the right place at the right time after the Great Depression -- especially those who chose railroad and utility type stocks, or a few years later those who were involved in war materials. Many, many more lost everything; history tends to praise those who bore the risks and won, while it ignores those who made similar choices and took on simliar risks but rolled the dice the wrong way.
As a new entrepeneur everything I am involved in is cheaper than it was a year ago. Labor is available more cheaply, so is office space. I can negotiate with suppliers more readily. While everyone is cutting back on their advertising dollars because that is what FEAR is telling them to do, I am spending more aggressively and marketing more heavily than ever. Some of my competition is going to close up shop because they are participating in the recession. My low overhead business model is allowing me to compete and do so more cost effectively than ever.
This may work out for you, but if so it won't be because you ignored the recession -- it'll be because you worked hard and had a bit of luck to be in the right business. This is a time of change, and some people are on the losing end. You can't write them off as idiots or losers because they didn't take the right risks at the right time.

Incidentally, I have a small -- emphasis on small, it's a sideline -- business too, and my costs have skyrocketed over the last months. My materials cost considerably more than they did in the past, and because my product is a luxury item, people are not so willing to pay as they were in previous years. I'm not willing to cut quality, so I'm looking at less business for now.
 
My local community paper has an article today regarding the perceived recession and the lack of it in my neck of the woods.

Housing sales dropped 4% in Sept 2008 from Sept 2007, but the mean price per house sold actually increased 11% year to year. Wow!! New housing permits are also on a higher pace than 2007.

Business construction is at the highest rate ever according to our chamber president, with several businesses moving to new locations as sales are up and they need more space.

The peers at the company I work for consider the market I cover "recession proof" as most jobs are government, farming or medical related. Between the UK Hospital system, Central Baptist, and St joseph, there are 1.4 billion dollars in construction going on in the Bluegrass region right now. We have the most efficient Toyota plant on earth, they are moving people from other plants here to prevent layoffs. My sales numbers are growing weekly right now, it was VERY slow in the summer, but the growth the past 4-6 weeks is remarkable. A new tech school had ground broken this week.

Keeneland (horse racing) was 136 people short of breaking attendance records in the fall meet out of 200,000+ in attendance, although betting was down 7% year to year. The fall horse sale was well below last years numbers.

There continue to be weak signs that something may be in the cards here, but this is nothing like the media wants to portray right now.

I just started reading this thread tonight and I'm too tired to finish it right now. I just have to comment briefly on kydisneyfans' post. I wonder if he feels the same way now at the end of the year as he did in October? I work for the state of Ky in what I believed to be a "recession proof" job. The state is going broke. The governor has told all agencies to find another 4% to cut from their budgets on top of the cuts they took at the beginning of the fiscal year in July. My agency doesn't have it and my state issued paycheck may bounce come about April 15.

I have never been worried before because my job has seemed so secure, but now I'm worried. It probably won't come to pass, but it might and at that point my family is in big trouble as I'm the primary wage earner.
 
I just started reading this thread tonight and I'm too tired to finish it right now. I just have to comment briefly on kydisneyfans' post. I wonder if he feels the same way now at the end of the year as he did in October? I work for the state of Ky in what I believed to be a "recession proof" job. The state is going broke. The governor has told all agencies to find another 4% to cut from their budgets on top of the cuts they took at the beginning of the fiscal year in July. My agency doesn't have it and my state issued paycheck may bounce come about April 15.

I have never been worried before because my job has seemed so secure, but now I'm worried. It probably won't come to pass, but it might and at that point my family is in big trouble as I'm the primary wage earner.

there are parts of the state that are doing better than the state at large, I think. I know he/she's in Georgetown and I'm in Hardin County, and while I don't think we're in quite as good shape as the Lexington area .. we are preparing for growth here. I think the Governor is counting on it, too.

But you're right, overall the state of Kentucky is having some money troubles of its own. :(
 


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