Sunday, February 08, 2009

Holy Mackerel

In case you can't read the small print, the blue and red lines are monthly US job losses in the last two recessions in 1990 and 2001, and the green line is the current recession. The green line is not a projection. It is actual data.

Houston, we have a problem. A really really big problem.

The sky is falling. I might as well go sailing.


Anonymous said...

As two of my kids foray into the job market, I wonder what kind of world we have made for our kids – global warming, perpetual wars, unfathomable debt, and few jobs. I like to think I’ve done what I could. At least I taught them sailing.

Anonymous said...

We can fix it. Yes we can.

Carol Anne said...

It is almost tempting ... the offspring has launched, and thanks to a gift of energy stocks from his grandfather when he was 5, he is better off financially than his parents.

Is now the time for Pat and me to cut loose from the daily grind of regular jobs and mortgage payments and utility bills? Is it time for us to forget about the rat race and just go sailing around the world?

Anonymous said...

The rat race is over. The rats won.

Mal Kiely [Lancelots Pram] said...

Hope the rats slink back into their holes... so we can pour petrol on them and torch the bastards.

Tim Coleman said...

Rats = bankers?

kamusarea said...

i hope it will be fixed as soon as possible
student like me now become more frustrating thinking how can we make money easier hm???

will obama 'hope and change' become fact faster??

bonnie said...

Actually the economic downturn stands to improve my life.

Last summer, half my division resigned to go find jobs with higher pay, less work, or both. Those of us who were left had to cover. I'd actually been looking forward to joining in on some Friday night laser-racing action, in addition to my usual routine of getting out for after-work paddles once or twice a week.

I really didn't get to do any of that.

It made me angry & depressed.

This year the whole company's working a little harder to cut costs, etc; we've had a round of early retirements & there's just lots of reporting & analysis to do. I'm betting my after-work boating is again going to suffer.

But this time I'll be grateful, because I could have run off after more money myself, I didn't, and so I still have a job!

See how much better a corporate citizen this has made me?

And is it not better to be grateful than to be depressed & angry?

Glory be to productivity, yes yes!

Yum yum yum. The kool-aid sure is tasty today.

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