I just went from contractor status (4 years) to full time employee status with a 15% pay raise. Yay Me!
B>I don’t think we’re headed into a recession. But there’s no question we’re in a slow down and that’s why we acted with over $150 billion worth of pro-growth economic incentives, mainly money going into the hands of our consumers... The purpose is to encourage our consumers - to give ‘em money - to help deal with the adverse effect of the decline in housing values.</b>~~President George W. Bush, Feb 28, 2008
Take a step back and look; Our “downturns” “recessions” are boomtimes compared to every day life in most of the world. Many of our citizens can’t tell you when we’re in a recession. They’re too busy living.
“If we do enter a recession, what can be done about it?”
Not much. And I doubt that Ben Bernanke cares what anyone on this forum thinks. The more important question is: how will my family prosper in spite of it?
Or maybe
“Economic Darkness Before The Real Darkness?”