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Premium Member
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Discussion Starter #1
I wonder if there is any correlation between forum members and their pessimistic vs. optimistic view of the future economy?

For example, are folks in this forum living in the very depressed states of Michigan and California more "glass is half empty" rather than "glass is half full"? Or those in Iceland, where the country went bankrupt months ago.

Wondering. What say you?
 

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Conservative
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1,388 Posts
Where I live it's really not that bad, there is work, most people are working. But it doesn't take a genius to figure out that the whole country is sinking into oblivion with all of the debt we have and no way to pay it back. We are all screwed on this.

I hardly give a thought to most other disaster scenarios, 2012, asteriod impacts, planet X, pandemics, ect. Our own government will bring on our demise, we will be a morally and fiscally bankrupt has been of a nation that will help bring down many economies throughout the world.

I can see no light at the end of the tunnel with this economy even though at the moment my wife and I have steady work and are fairly prosperous. The sh*tstorm is coming and coming fast and no one will be immune to it.
 

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the economy has not affected me that much cause im in the military and my wife has the same job she has always had, so we are making about the same as we always have, but it does concern me when i hear about the unfortunate times that have afected my fellow countrymen. even if there from the other side of the country cause $h!t runs down hill
 

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myheart'sinthehighlands
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726 Posts
I wonder if there is any correlation between forum members and their pessimistic vs. optimistic view of the future economy?

For example, are folks in this forum living in the very depressed states of Michigan and California more "glass is half empty" rather than "glass is half full"? Or those in Iceland, where the country went bankrupt months ago.

Wondering. What say you?
This is a very good point!

I have been asking folks around here how their jobs are holding out. No one Ive talked to will divulge that their jobs are going downhill. On the other hand the growing sections of foreclosures in our newspaper are telling.

You see, we have been in construction for 26 years. I believe our industry has been the hardest hit. Especially coming off the boom in our area of GA. My view is rather pessimistic.
 

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Noob
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I'm military also and stationed in Japan. I'm not really feeling much pain, my friends and Family from Commifornia do tell me of their hardships. My younger sister got out of the military honorably, and cannot get a job, even at Wal-mart. she is behind by two months on her bills, she couldn't even move into my vacant house rent free she is so broke. She just volunteered to go to Kuwait for 18 months with her reserve unit so she won't go bankrupt.
 

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The Over 40 Club
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I live in Michigan , the company that I worked for went out of business after I and been there 37 years, my wife had been there 17 years.

Because of the economy and our age we were unable to find full time jobs where we lived.

We had property in central Mi with a old cabin on it and decided to try our luck here.

We put our house downstate up for sale and after three years it still had not sold we started out at $174,000 and went down to $79,000.

We ended up losing that house, we spent most of our savings hanging on to it while trying to sell it.

The place we live now has the second highest unemployment rate in the state. But I did find a full time job,at one third the salary I was making, worked there two years, then I had a heart problem ended up in the hospital and was told that I could never go back to work again.

I lost my health insurance after 90 days , so neither my wife nor I are covered now.

We had been hard workers and savers so with the last of our money we tore down the cabin that was here and bought a year old display model double wide mobile home, and had it put on our 2 acres in the country.

I have applied for SS but it has been a year so far, I took a disability physical last week, and the Doctor talked to me for 9 min. and said were done now. So it will probably be a long time before I hear anything from that, and not even being asked to remove my shirt I can guess what the outcome from that will be.

Now we live on my small pension from 37 year job.

So yeah I guess that living in Michigan has tilted my view of the economy, but we are a blue state and people here don't want a change, Our Governor is from Canada so I guess her view is a little tilted too.

And to answer your question, my glass is empty , there are a few dregs in the bottom but they are to bitter to drink.

But I thank GOD every day for my place in the woods and for my stars at night.
 

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The Power of III
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We have about 9-12% unemployment in most of the counties around mine - but it seems that most people are going about business as usual - perhaps they just cannot cope with looking at the reality? It makes it seem almost surreal some days when I go about my errands and such - almost like living in a double-world if that makes sense? Knowing what I know and prep for, but still seeing all the tanning salon specials, kids having school car washes, people at the mall, in restaurants - makes me wonder how they are doing it - just turning a blind eye I guess. No one seems to want to talk about the economy, swine flu or anything.

In our homeschool support group there have been several families - most 1 wage-earner families- who have been hit with job loss and for most it has taken many months to find work. These are IT people, FedEx people, Chemists, etc.

Even those in the military I'm concerned about - because BO could decide to down-size our military forces - many who depend on it as a lifestyle could be without it. I know reservists who often depend on an "extra" couple of weeks in the summer over their usual 2-week AT to help them make ends meet - that are saying they can't get any extra assignments right now.

People I know who are "preppers" - we all seem to be waiting for the shoe to drop and most seem to hope that they recognize it quickly enough to know it for what it is.
 

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Cold Water Kayaker
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Where I live it's really not that bad, there is work, most people are working. But it doesn't take a genius to figure out that the whole country is sinking into oblivion with all of the debt we have and no way to pay it back.
Being from the same state but further South I concur with Northernmaine. What is actually hurting the state the most right now and which will impact the future downturns is the cool and rainy Spring and Summer. Maine relies a great deal on tourism and it's a bad year for that. Employment figures tie in with the Summer influx as well so that is down also.

Things are not all roses in Maine but it seems it's a lot worse in places like the Rust Belt.
 

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To the Liberty Tree!
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In MA my family has not been directly affected. I know people who are hitting hard times but Mr Bug is actually having a banner sales year. I have a pessimistic view on the economy simply because I see what is coming. All the extra money that Mr Bug will be bringing home is going to help us prepare... he may not know it, but it is.
 

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Frozen Patriot
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664 Posts
Lived in AK my whole life 40+yrs. Tourism is definitely down here, which is OK with me. less looky loos on the road, summers can get kinda crowded in the hot spots.

Economy is still very strong here, construction of new homes has slowed some but the real estate market is still doing good.

Lots of jobs, mostly seasonal, fishing is strong with record numbers of salmon being caught by commercial boats, strong runs of reds, kings were kinda weak and we'll see how strong the silvers are as they are just starting to show. I'm in Environmental remediation and there seems to be tons of jobs bidding and being performed.

We have a large military presence here that seems to be going strong. Oil, Oil, Oil.....lots of that going strong here with no slow down in sight. The price of fuel here seems to be about average but probably higher than what folks outside are paying. looks like we'll still be getting our dividend checks this year which is good, probably around the 1K mark for everyone.

Anyways, its hot as Hades here today and I'm loving it....winter will be here soon enough...

DS
 

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Also in Alaska. We're not seeing too many effects of it just yet, but we certainly know it's coming, and are watching the lower 48 for signs of what may pass. Of course we're all a bit paranoid up here to begin with, so might be a more pessimistic group than others, but we also have a preparedness oriented lifestyle, so who knows how it'll affect us here.

Either way, I don't know too many people who are optimistic about things right now.
 

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American fearmaker
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Central Illinois is starting to see some problems with unemployment and what we call "The Chicago Trickledown Effect." Chicago socialism/Richard Daley/Chicago Corruption and such creates a backlash downstate that will effect us in a bad way. For example, when Chicago financially hurts all the corrupt Democrats from up there try to drain/loot/rob the finances of the state government in Springfield, Illinois. Never fails. Because of stupidity in Chicago, downstate people are supposed to repeatedly use state government funds to bail out the idiots who run Chicago. State level money that could be legitimately used to improve highways, bridges, water systems in and around Chicago, gets flushed away into the corruption up there. So until we drive just about every Democrat from elected office, our nation is going to suffer for their stupidity. Trouble is I'm not sure that the Republicans can do anything practical either. Just about every government has too many make-do jobs that we should be eliminating in order to streamline our finances and use our tax dollars in a more effective manner. But we probably will never get around to doing that so we're gooned until after the next American revolution....
 

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Lubbock, Texas is way the hell away from everything else.

We are the last to feel the good times and the last to feel the bad times.

By watching what is happening on the east coast and what is happening on the west coast, we here in Lubbock can tell what is coming down the turnpike.

The problem is that most people in positions of authority can not see what is front of them. Then you have the special interest who genearly do not care for anyone but them selves and their next FIX of public dollars.

I went to a council meeting trying to get the city fathers to at least wait a while but they are so afraid that later they will not be any money for bond purchasers.

My Daddy always told me.

"The problem with broughing money is that you need it twice as bad when you are paying it back".

Later
wayne
 

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Its starting to be felt here where I live. More layoffs, the oil riggers have all left, more empty stores, LOTS of cars and trucks for sale, and work slowing down for many folks. And I won't be getting any money until around October- since we get paid once a month. Sucks!
 

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I live in California and my outlook has not changed yet.
I have always had pessimism for the long range prospects of this spend and figure it out later economy. Even when we were doing stupid well here I knew it was a farce.
It's just going to get worse as well.
We are 12% of the US population here and 30% of the total welfare recipients.
The idiots who run this state(if you can call what they do running it) cannot or will not cut where needed or divert funds as it is.
Once the banks close the doors on the IOUs those welfare recipients are gonna go bats***.
 

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radioactive
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765 Posts
I have a little different perspective than most here,cause I drive a truck,and deliver all the things that people use every day. And I can tell you for a fact that products are not moving.Another 450 small trucking companies went out of business the first 3 months of this year,and there is lots of talk about more companies shutting down.For the first time in 40 years,there are more drivers than jobs. I used to clear a consistent $2500 per week, and now my average is closer to $800. Retail sales are way lower than what the media is telling people. About the only things moving in volume are food and paper products. Lowes and Home Depot are still closing distribution centers. And as soon as oil goes up,so does fuel,but when oil drops,the fuel never goes all the way back down to where it was.
On the bright side,I am still a class A industrial maintenace mechanic,with certificates in 4-20 milliamp signal control,pumps and systems,variable speed motor control,air handling and vacuum systems,gearbox and conveyor systems, a liscensed boiler operator,certified TIG and stick welder with pressure vessel certification. And I have experience with ammonia refridgeration. I think I can find a job,but I really like what I am doing now. It just makes me angry that all of this economic crap has been caused by greed,corruption and lust for power by the crooks at the top who already have most of the money,but still want more.
 

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I live in kansas, have land and the dirt is black as tar, have a great job, so personally things are good.I live in farm country and we have not felt much here. I am concerned about the future, I see more and more people holding their " will work for food " signs. I see more and more businesses closing. My Business is a want business not a need business.
 
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