During the entire year of 2007, we kept hearing predictions that 2008 would be a year of recession. Well dear hearts and gentle people, it’s here.
Yesterday I heard on the news that Alan Greenspan had declared we are in a recession. That’s not idle chatter or hearsay. He is a very smart economist. If he says it, in my opinion, that confirms it.
Now predictions are surfacing that in 2009 we will be in a depression. Having lived through the Great Depression, I can report first hand, that’s when the rubber really does hit the road.
Already facing rising cost of groceries, a depression is a time of scarcity of food. I read a report yesterday from the Georgia agriculture department that some farmers were decreasing plantings of some things like corn, yet increasing cotton crops. We can’t eat cotton, the article stated.
I’m trying to follow the bouncing ball while listening and reading these reports, trying to observe the bottom line of my grocery bill increasing every time I shop for groceries.
There are some things we must have to survive and that’s food, clothing, and shelter. Many are already losing the roof over their heads and I can’t help but observe those handing food stamp vouchers to the checkout clerk. I think to myself that instead of being on the dole, they should be home planting a little garden plot.
With dole comes control, and in the government give-a-way programs, the controls are greater on the producer than the recipients. The hard working, self-responsible producer is being forced to contribute to the up-keep of those that are irresponsible in the current period of plenty, when they could easily be more responsible and get off the backs of those producing.
It’s part of my core belief that there is a virtue in selfishness. I think we are selfish by our very nature and pride ourselves in ownership. On the other hand, it is my belief that man has an element in his being that is generous. There is a large psychological profit in being able to give. However, a large part of the pervasive frustration stems from so much being arbitrarily taken from us, by force, that there is frequently nothing or so little left over to express ourselves by giving.
All one has to do is watch small children playing. Observe how they cry and resist another child taking something away from them, that which belongs to them. Then watch how they gleefully share their things with another child when left alone by adults, without an admonition of guilt for not sharing. It doesn’t usually take long for a small child to realize when refusing to share with the other children he is quickly isolated with no one to play with him. But when forced to share, he winds up unhappy, kicking and screaming.
And so it goes with adults. We are not happy when forced to give, yet are compounded when there’s nothing left to voluntarily give.
We are definitely living in an era when things are rapidly changing all around us.
Elevated unemployment rates, the decline of the U.S. dollar, rising home foreclosures, gas, and food prices. The squeeze play is on. Not only do so many face the loss of their condo on the beach, their pleasure boat, or extra vehicle, but many are facing the squeeze on the essentials of food, clothing, and shelter needed to sustain their way of life. In a recession facing a depression, if the pundits are correct in their predictions, we haven’t seen anything yet.
Back in the thirties, after listening to adults bemoan their concerns over the scarcity of things, a young country boy spoke up with a degree of unconcern not shared by his elders and said, “I don’t have to worry about anything but dying and toting water.”
And so it goes today. While many are uptight, frustrated, and concerned about current happenings, others are going along, unconcerned as if there’s no tomorrow. They’re still spending extravagantly and running up credit card debt, ignoring all the available information one can receive gratis. Tantamount to fiddling while Rome burned. Expecting political government to solve everything when government debt is the most staggering of all.
And the worst of all is the touting and pandering of China, as they hold the hammer over our heads due to the massive indebt of the U.S. to this totalitarian regime.
As Dr. Phil says, “we can’t change that which we do not acknowledge.”
Let Freedom Ring!