recess recession

Recess and lunch – those are the two sweet words of my youth. The kid in me still looks forward to both. The adult in me looks forward to some relief from this recession that everyone on Wall Street is saying is over while everyone on My Street is still feeling. From gas to groceries to job searches that have been going on for months to no avail, the recession is still here. But it needs to take a recess so that we can buy lunch.

Executives with America’s largest companies are getting bonuses while bank profits continue to soar, as indicated by the first three months of this year. So why isn’t that effect trickling into our economy? If companies are seeing growth and profits, why is unemployment stuck at the national rate of 9 percent? And why are home prices continuing to fall and economists are saying that the bottom hasn’t been hit yet?

I don’t have the answers. I know that at this point, it doesn’t matter who is in power when the real political party and power seems to be Big Business. Three years ago, our tax dollars were thrown at the banks and the automotive industry that they might not fail. Mission accomplished, I suppose. But then why are we failing?

Published by kenn

author. developer. illustrator. Renaissance man.

One thought on “recess recession”

  1. tiffany says:

    I just finished reading an advance copy of Walter Mosely’s “Twelve Steps Toward Political Revelation” I won’t say how I got ahold of it…shh… you know, that whole then i’d have to kill you thing. 🙂

    The premise of the book is fantastic, and while I don’t ascribe to all of his viewpoints…I do agree that the common man is going to have to “look up from his life”…work and reality tv and homework and soccer practice and happy hours, long enough to not only realize that this country is on the wrong track, but to also realize that only “We The People” can aright it. To paraphrase Mosely we begin by first speaking our collective truth that we live in a Plutocracy and NOT a Democracy, and then make those 12 steps toward change.*

    *one caveat, while Obama may be a socialist, I am not. 🙂

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