I live in Maine. People NEED heat. Most Mainers use oil heat. Many Mainers are on fixed incomes. Some Mainers can't afford heat because oil is so expensive. But it's a necessity, and we're not in a Depression...although we may be in Maine.
But as you explain, your raise and bonus is now worth a lot less because of the economy. None of us live in an economic bubble. But of course, some businesses/people will weather things better than others.
I've always done well with the my-rear-is-on-fire motivational approach. There was a time when I was able to collect unemployment but chose not to and ended up making more money freelancing.
I can't afford to have many looks, although I can't say it has ever cut back on the looks I get. :) (Assuming they are of the complimentary kind, although one never knows!)
This is definitely NOT a good sign:
"Due to budgetary constraints, the Economic Indicators service (http://www.economicindicators.gov) will be discontinued effective March 1, 2008."
Most people could find a job at the local manufacturing plant and stay with the same company until retirement. People were able to buy houses on minimum wage. You didn't need both parents to work to make ends meet. Life was good. There was no need to talk about the economy.
I think there is an over-reliance on the media and government to define and tell us when things are starting to suck economically. I look at the cost of living compared to average salaries, to start.
Here in Maine I've read of at least two historical societies/sites having to close down recently. I've lost count of how many Starbucks have opened.
(Hi. :) )
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