monthly current affairs by gk today
monthly
current affairs by gk today Published this article : Are you concerned about inflation a recession
or even a depression in the early 21st Century?
If you are concerned about either one or the real possibility of all the
economic woes that potentially face the United States you are surely not alone
as more and more people find they are having real trouble paying their
mortgages and putting food on the table as money dries up home values plummet
grocery prices escalate and petroleum prices sky rocket. Americas economic
picture is driving the election primaries of both parties as well as the
independents. As Tip ONeill once opined
all politics are local. If your
perception is its the economy stupid you want one candidate. If housing prices are holding in your
neighborhood you want another candidate. It was not many days ago that our
collective major concern was the War in Iraq and American service members
scattered around the world in harms way as Islamic Jihadists swore their
destruction. If you have a son daughter wife husband mother or father on their
fourth or fifth tour of duty with the United States Military in Iraq as the
Tennessee Mountain Man and Computer Man do that may well remain your driving
force and you probably support yet another candidate. But it appears to be more
and more clear that across the board Americas primary concern in the 2008
election year rightly or wrongly is the economy. There is a raging disagreement
between those well heeled gurus in the know who live on the upper side of town
about whether or not we are in a recession.
Many on the Fox Business Channel seem to believe we are and that
Chairman Ben Bernanke of the United
States Federal Reserve Bank is behind rather than in front of the curve. Bernanke disagrees although he did seem to
tell congress in middle January 2008 that we could be in danger of sliding in
that direction. The federal government apparently agrees with the view that a
recession is imminent if not in full throttle otherwise why would the captain
of the ship be ordering the life rafts deployed with all haste. Both political parties are rushing to get
cash back in the hands of the people hoping they will spend it on new purchases
driving the economy forward. Grand ma who was already having a problem deciding
whether to buy the medicine her doctor prescribed or the food her body needed
and who remembers the great depression dont have any doubts. She has seen the horse and buggy the model T
the iron horse the air plane Sputnik the man in the moon and a man on the moon
and air conditioning (although she cant afford any) replace the funeral home
fan along with a recession or two in her life time and she knows a recession
when it comes roaring through her family. Since Grand ma knows little to
nothing about GNP/GDP. She basis her
observations on the real life of real Americans struggling to survive not on
the fancy mathematical maneuvering and stats of professors and practitioners
isolated in their ivory towers or professional politicians lost in the bowels
of government hidden inside the Washington Beltway. The truth is real people
are hurting. There is plenty of blame to
go around and probably more than one solution to the recession issue. It is after all a complicated issue and some
business types like auto manufacturers and home builders are hurting more than
others. It does not help that we have shipped so many manufacturing jobs off
shore and over taxed and imposed other burdens on businesses to the point many
have been forced to either close their doors or move their operations outside
the United States. Remote Helpdesk 1 has seen many businesses come and go over
the years. We have seen a recession or
two ourselves and we have learned that there are some fairly safe options for
entrepreneurs during an economic turn down.
In fact there are some who do much better in tough times. Tired of
punching a clock lost your job or just want to be your own boss? In bad times there are always ways to thrive
if you are perceptive and agile. Never feel that because a recession is under
way that there are no opportunities for you. You might want to consider one of
these the health industry collections
funeral parlor auto repair used furniture outlet used clothing and household
items store pawn shops also thrive in such times tutoring selling on an online
auction internet ad business... use the computer between your shoulders as well
as the one on your desk to come up with options. If you are already in business
this is not the time to become despondent.
It is time to drive forward. You
cant sit and wait for your ship to come in.
There are opportunities! Increase
advertising get more personally involved in your community and your church and
business and professional organizations slash your prices to bare bones if you
need to visit current and dormant accounts and customers and make sure they
know you are still around and that you appreciate them. Remember we have been
here before. You are not going through
this alone. It is cyclical and this too shall
pass. In the mean time make up your mind
to enjoy the ride. You have little choice but to take the trip so determine to
arrive stronger happier and richer as a result of the experience that God in
His wisdom has allowed you to conquer with His provision and guidance. monthly
current affairs by gk today
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