Comments on: Economic Stress: Don’t be Chicken Little http://www.kitchencountereconomics.com/2009/04/13/economic-stress-dont-be-chicken-little/ Mon, 30 Jan 2012 00:25:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: htwollin http://www.kitchencountereconomics.com/2009/04/13/economic-stress-dont-be-chicken-little/#comment-58 htwollin Tue, 14 Apr 2009 11:08:11 +0000 http://www.kitchencountereconomics.com/?p=400#comment-58 Well, for those of us, ahem of a certain age, who went through (pick one) the 1974-76 recession, the early 1980s recession, losing a job, being fired, a traumatic loss of a family member, any major medical emergency..or any combination thereof (and in my case, all of 'em and in a couple of cases, multiple times), there is this thing called....'distance'. Memory serves me that any and all were horrific, nasty...but did not last forever. And what we might have at the after end might NOT be better. But it WILL be different and going nuts in the meantime won't prepare any of us to be able to take advantage of what comes. Companies that survived the Great Depression were the ones that invested in themselves, modernized, did research and developed new products and advertised. The ones that hunkered down, refused to spend, laid a bunch of people off and waited for something to improve...many times did not survive. People thought they were out of business. Before the Great Depression, the big cereal company was Post - after the Great Depression? Post? Who's Post? Well, for those of us, ahem of a certain age, who went through (pick one) the 1974-76 recession, the early 1980s recession, losing a job, being fired, a traumatic loss of a family member, any major medical emergency..or any combination thereof (and in my case, all of ‘em and in a couple of cases, multiple times), there is this thing called….’distance’. Memory serves me that any and all were horrific, nasty…but did not last forever. And what we might have at the after end might NOT be better. But it WILL be different and going nuts in the meantime won’t prepare any of us to be able to take advantage of what comes. Companies that survived the Great Depression were the ones that invested in themselves, modernized, did research and developed new products and advertised. The ones that hunkered down, refused to spend, laid a bunch of people off and waited for something to improve…many times did not survive. People thought they were out of business. Before the Great Depression, the big cereal company was Post – after the Great Depression? Post? Who’s Post?

]]> By: Erin http://www.kitchencountereconomics.com/2009/04/13/economic-stress-dont-be-chicken-little/#comment-57 Erin Tue, 14 Apr 2009 05:17:50 +0000 http://www.kitchencountereconomics.com/?p=400#comment-57 This is EXACTLY what I told my husband. He was making himself (and me) crazy with all the doom and gloom and frustration and anger about things he had no power over. Instead, I said, let's keep focused on, minimizing our expenses, paying down our debts and you keeping your job. That is all we can do. I don't listen to the news much and you know what? It doesn't change my daily world to NOT know what the knuckleheads in Washington have done this time. Life feels good for now... This is EXACTLY what I told my husband. He was making himself (and me) crazy with all the doom and gloom and frustration and anger about things he had no power over. Instead, I said, let’s keep focused on, minimizing our expenses, paying down our debts and you keeping your job. That is all we can do. I don’t listen to the news much and you know what? It doesn’t change my daily world to NOT know what the knuckleheads in Washington have done this time. Life feels good for now…

]]> By: Toby Wollin http://www.kitchencountereconomics.com/2009/04/13/economic-stress-dont-be-chicken-little/#comment-56 Toby Wollin Tue, 14 Apr 2009 01:43:08 +0000 http://www.kitchencountereconomics.com/?p=400#comment-56 Ian - you and I are like the Siskel and Ebert of Economics -- you get everyone all riled up - I'm here with the chicken soup, cinnamon rolls and hand-holding. We're the perfect pair. And I recommend going to Ian's site to read his stuff on economics - fortify yourself with a good cup of coffee and something to eat - he doesn't make this easy - but he will open your mind...a LOT. http://www.ianwelsh.net/ Ian – you and I are like the Siskel and Ebert of Economics — you get everyone all riled up – I’m here with the chicken soup, cinnamon rolls and hand-holding. We’re the perfect pair.
And I recommend going to Ian’s site to read his stuff on economics – fortify yourself with a good cup of coffee and something to eat – he doesn’t make this easy – but he will open your mind…a LOT.
http://www.ianwelsh.net/

]]> By: Ian Welsh http://www.kitchencountereconomics.com/2009/04/13/economic-stress-dont-be-chicken-little/#comment-55 Ian Welsh Tue, 14 Apr 2009 01:22:47 +0000 http://www.kitchencountereconomics.com/?p=400#comment-55 Good advice. Now I'll go give some people some more stress attacks. ;) Good advice.

Now I’ll go give some people some more stress attacks. ;)

]]>