17 March 2008

9/50 - Ominous rumblings

America is sliding into economic recession. That’s bad enough, but kinder than what the ominous whispers out there predict: That we’re actually on our way into another Great Depression.

My parents were children during the last one, in the 1930s. I’m a middle-aged adult; I’ve lived through several recessions in my lifetime but never a depression. I wonder how we’ll manage with gasoline that costs $4 or more per gallon. A loaf of bread already costs about that much.

I guess we’ll soon be learning to live a lot more simply than we do now. Perhaps that’s not all bad.

2 comments:

Blowing Shit Up With Gas said...

That $4/gallon gas is a little scary -- especially as I continue to contemplate relocating away from Pittsburgh (where I work 2 miles from home). I'm still considering Northern California, btw. That Sacramento gig is on hold until May, so it's still a possibility. Right now, I work in an industry that will always have a good marketplace, regardless of the economy. Switching industries (which would be the case with that Sacramento job) is a risk I'll have to face if things progress to that stage.

Cap'n Ergo Jinglebollocks said...

but will it affect the folken who have SUV's so big you need a step ladder to get into it, or will the tree just fall on all us po' woikin' folken??