Saturday, September 4, 2010

Why The Recession Is Good For America

While I greatly sympathize with those who have lost their jobs, I too have seen a downturn in my business and a reduction of income during this downturn.  With that being said, despite all of the challenges people are facing, this recession has a silver lining and may actual prove to be helpful to America.

First, as a result of the Stimulus programs, Bailouts, and rampant Washington Spending, Americans are waking up and speaking out.  They are realizing that their so-called representatives no longer represent them.  This is why so many incumbents are being voted down in the primaries.  People are scrutinizing Washington and not liking what they see, and they are contacting their leaders to demand they stop the insanity and uncontrolled spending.  This has members of both parties scared.

Secondly, because of the recession, many lawmakers realize that they simply cannot pay for much of President Obama’s agenda.  Even though they will still try to ram it through either now or in a Lame Duck session, the money simply is not there.  While things like the Health Care Bill and Financial Overhaul have passed, much of their implementations have stalled.  Cap and Trade, and other expensive bills are in doubt of being passed because the money is not there for them.

Lastly, this has been the most far-reaching recession since the 1930’s.  Like then, people are now realizing what it really means to struggle.  They are being forced to step up and handle adversity.  They are learning the value of multiple skills and job cross training.  There is an old saying, “You learn more from losing.”  People are learning from their mistakes.  Despite their hardships they are moving forward and undoubtedly will be stronger for it.  Those who insist on relying on the Nanny State and not taking any steps to improve themselves will stay there until they decide to change.

In the end, people go broke in good times, and people get rich in bad times.  Through difficulties opportunities arise.  I think now is a time to look for the opportunities and stop looking for the bailouts.