We at Surviving The Recession encourage you to keep our past, current, and future veterans in your thoughts and prayers.
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Mr. Obama is determined to address the nation’s health care crisis, despite the terrible economic conditions and an already ambitious agenda that is meeting resistance from politicians in his own party. The statistics are dire: 45 million Americans have no health care insurance, those who are insured must compete with...
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Chrysler and General Motors will close approximately 3,400 dealerships by the beginning of next year. This represents 187,000 people that will be unemployed when all the announced closings are finished. These numbers are huge. Over 25% of Chrysler’s dealerships will be eliminated, while GM will eliminate over 40% of its...
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For the last few years, our economy was so awash in cheap credit that conspicuous consumption became the norm. Many economists and social critics were predicting the end of conspicuous consumption because of the new socioeconomic realities brought on by the current recession. Certainly, the evaporation of over $7 trillion...
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Hearing politicians, economists, and others amongst the chattering classes begin to whisper that maybe we have hit the bottom of our economic freefall, I am reminded of one of my new favorite horror movies, 2005′s The Descent. In the movie, four adventurous women descend two miles into an uncharted cave. Of course, things...
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Today was my last day at work. It went pretty much as expected; sadness, indifference, and surprising displays of emotion. I posed a question to one of my former co-workers after he described the time he reported to work and was fired and sent home on that same day. I asked him whether he would prefer that or the long,...
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