Being in my mid-thirties, I’ve only been through a handful of major economic downturns.
In the early 1990’s, following 9/11 and our current downturn. I call it a downturn because unlike past true recessions, I really don’t personally see the tumult and apocalypse the media would have me believe.
Then there’s the other group of people. They’re the ones who’ve never really lived through anything. They were sheltered because they were going to school or were living at home when any of these downturns were happening. For all intensive purposes, what they’re experiencing now IS the worst thing in their lives…so far.
I know it’s easy to shrug a lot of this off, but if people under 30 can’t handle what’s happening now, what in the world are they going to do when things might just get worse? Commit suicide?
Ironically enough, most people I know experiencing this current downturn are all Obama supporters and as such, seem more apt to blame capitalism/Republicans/free markets et al for what’s happening right now. And then that leads to what they perceive to be the solution and what they’re to do or let happen.
This is where the danger lies for everyone right now. Too many people right now are trading in their freedom for the cloak of security. They believe the government can do things better…but why? What does the government do better that a free marketplace cannot? I may be preaching to a choir in some places, but what has the government ever done to warrant being able to have so much power of the economy or our lives? What’s their track record? Read the rest of this entry »