What About Recessions?
By Richard Olivastro
March 11, 2009
Page 2 of 2
Thus, as general unemployment increases, broad segments are affected.
While the number of potential replacement jobs decreases, the number of foreclosures and bankruptcy filings increase; and, the public costs of unemployment insurance, and other government programs, skyrocket.
That's where we are now -- in recession.
It is still a mild recession for most; but, for growing numbers of people it is already - or will become - much more severe, even dire.
That reality begs several questions for all Americans to contemplate, including, where are we heading next economically; what has been the effects of government interventions; and, what are the responsibilities of individual citizens and families, as well as the proper roles for government, public charities, and churches?
We'll address each next time in this space.
---
Richard Olivastro is a professional member of the National Speakers Association, president of Olivastro Communications - an executive leadership development company - and founder of Citizens For Change.
--------------------
Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA. >> Back -- Page 1 2
Current rating:  5.0 out of 5.0 (5 total votes)
| 
