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Old 01-09-2009, 07:19 PM
 
8,948 posts, read 7,910,554 times
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My understanding was that the midwest was actually doing pretty well in the 70's because of the boom in oil exploration and the inflation lifting the farm economies there. Up until about August, things were going well this time around too.
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Old 01-09-2009, 08:29 PM
 
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Some good points, but too many doom and gloomers, which was expected. I am a positive person and realize things are bad in our economy as a whole. I am the only one in charge of how much money I make, what happens in my business, etc.
Those who are W2 are not. There are pros and cons to all. The con on my end is I could end up making very little or even nothing. The con on a W2 employee is getting fired or laid off.
I believe I have the greatest financial security, me. It is all how you look at things. The doom and gloomers will always find something to complain about, it's just in there DNA.
We don't and will never live in a perfect world. Life is not fair, it just isn't There are many people who are killed in automobiles, get cancer, etc. at no fault of their own. It is an unfortuante fact of life. It is how you role with the punches. Same goes in the economy. There are those who worked 30 years at one job and just got laid off for the first time. Some will have a pity party and say I did nothing wrong, but others will look at it as an opportunity to start a new phase in life. Now I am not saying their is not a grieving period for these people, for if it happened to me I would be in shock and flat out worried. But after that, I would look at it as a positive, as a chance to learn a new trade, try something new. But again, that goes back to the positive attitude.

Again, this is all based on my philosophy: If you have your family and your health, you are greatly blessed and have no reason to complain for money cannot buy either of those.
I would rather have a buck in my pocket, then be a multi millionaire with a terminal disease or loss of a family memeber.
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