Cure for the recession

My family quit TV more than a year ago. Painless, but we spend both quality real time together, and get many more things done that really matter. An ocasional rented movie (one a week maybe) is all we go for. The snow is coming down here in central MN at about 3 inches/hr. very pretty. (and I do not need or have to go anywhere) I might play with making upmamsetmof chains for my (antique 1972) snow blower. JimN
 
Sure, just stick your head in the sand and all the bad things will go away. Thats what helped to start this mess..no body would recognize it when we were getting into trouble. --No job, no problem just put your food and gas bill on your charge card--
 
If people would quit watching the idiot box and get back to work or go shopping, the country would be better off. We don't have to participate in the recession.

Things get worse when people spend too much time watching the news and moaning about how bad things are. In that regard, perception is reality.
 
I think he means that if we would put the time we now spend kamping in front of the tube to a better more productive use, we would be far more able to work our way out of this (not created here) mess. Buy local materials, no QVC, and people interacting in reality not having psudo reality dripped in. JimN
 
I'd add talk radio and NPR to that too. I've always been a huge fan of talk radio during the week,NPR on the weekends. I listened to talk for about a half hour the day after the election,then turned it off. Wasn't productive. My mood has improved about 500%. Not to say I'll never listen again,just pointless now.
 
I don't know that anybody was burrying their head in the sand,but too many paople have been,not literally,but figuratively selling Amway or playing the lotto for too many years. Thinking that all they had to do was risk a little money and somebody else would make it pay off 500 fold for them in the end. Max out the credit cards,spend everything else you make on a mortgage payment and payments on 2 new cars,put literally a couple of dollars a week in an investment account and when retirement comes,they'll be worth a fortune. If nothing else,there's going to be a generation who know now that living a little more modestly and putting their money someplace SAFE,instead of gambling it,might be a good plan.
 
Thats all very cute and witty but I'll be happy to try that. Will my checkbook recover from the "cutbacks" made at my company early in the month if I turn off the TV???
 
Kick all deadbeats out of all federal programs that can't tend to their CRP weeds! Stop spending all that federal tax money on any political waste! Make a few heads roll of some fat cat greedy businessmen that have caused it all.
 
Start buying American made products. In areas where there high welfare and unemployment checks being sent out AND there are also employers looking to fill job vacancies, well, social services and unemployment office need to be setting up interview's for the recipients of the checks and if the dont show up for the interview's or accept a job that is offered, well, then they do not recieve any more checks. In the mean time the rest of us need to continue saving our income and then when debts are eliminated we can start buying, for cash, thus more people will be buying stuff because they can pay cash and wont have to worry about repaying.
 
If the NEWS COMPANYS would SHUT THE HEL! UP. Things would get better. Not go away, but get better. The economy needs money being spent, used, moved. When everyone is in the "gloom and doom mode" they dont spend. that obviously slows the economy. When you dont spend money, your neighboor's company isnt selling as much, so thier employees arnt spending as much. In turn, your company isnt selling as much cause your neighboor isnt spending money on your products...

And about the stock market....yeah alot of people, including me, lost money. lots of money. You wernt b!thcing when you were making money were you???? Part of playing the game...life goes on....TURN OFF THE TV!!!!!!!!!
 
Yep, turning off the TV is gonna bring all those lost jobs back. Turning off the TV is gonna put that money back in those 401(k)'s, too. AND it's gonna put the money in your checking account to pay your mortgage and utilities. It's also gonna bring back those crops you lost in the flooding.

That's the answer to ALL our problems. Thank you for your wisdom.
 
How do you get local news in your area?

I've been considering dropping Satelite TV. Too much advertising, paid for prog's, infomercials, shopping channels, and more sports since Murdoch took over.
 
Dang, dont get ticked off. I was trying to make a point without saying a lot.

If you understand how the economy works, almost everything we do is based on confidence in the system. The talking heads constantly telling how bad things are and how we are all going under, is what started this whole slide. Loss of confidence cause by panic. It's all mental. If everyone turned off the TV for a month, things would get back to normal. I know that is not practical or will not happen, but it's something to think about.

If you read old accounts of recessions or depressions back in the 1800's the refer to them as "the panic".

I remember back in the mid 80's when Bill Clinton was running against Bush 1. The news media did the same thing. They talked the country into a mild recession to bash Bush. They did the same thing this time, but it got out of control on them.

A loss of confidence. What makes a piece of paper a $20 bill? The confidence in the system that it can be excanged for something that is worth $20. A debit card, nothing of value is given, but the store has confidence in the system than when they run your card, $20 will end up in their till.

If all folks hear is doom and gloom, they suck it up and quit spending.

Dont yell at me, I dont think you thought it through what I was trying to make a point of.


Gene
 
The point I'm making is, turning off the TV isn't going to bring ANY jobs back.

It's not going to put all that lost money back into anyone's retirement fund.

It's not going to make the mortgage payment for the guy who lost his job.

And it's not going to pay his utilities or groceries while he's looking for another job.

In other words, turning off the TV, despite your claims to the contrary, WON'T be a "cure for the recession." That bell's already been rung, and you can't un-ring it.
 
Yep,there's a local station who's stock in trade is panic. EVERYTHING is emergency and crisis on the news on that channel. Even the WEATHER. No joke,it rained tuesday,straight down,light rain. All the schools were cancelled because that channel predicted a winter storm. I had a township meeting that day. The supervisor called me and cancelled it. Said the weather forcast was too bad to risk it. They have "consultants" telling them what sells and what gets people to tune in to the next newscast. Make'em panic and they'll stay tuned.
 
The stock market went down cause people lost confidence.

People lost their jobs because other folks were not buying their products or services. Those former cutomers got spooked by the steady dose of doom and gloom being fed to them 24 hours,every day

401k's?, I just increased the % of my check that goes into it. Sure I have lost money, on paper.
look at a chart of the Dow Jones starting back at it's conception. I am taking a gamble, but I have confidence it will come back, in the mean time I am buying more shares of the fund for less.

I know some folks that had retired are probably hurting. So are those that lost jobs.

It all starts with loss of confidence. And the talking heads love bad news and I blame them for a big part of what is happening now.


Gene
 
The best way to get rid of a recession is to give taxpayers their money back, or just hand out money to everyone like a bailout......Turning off the TV works too. The News is just abundant bias crap.
 
By the way, I got your point and agree. Overall shutting of the TV is the best thing we can do for our kids and our health. The media is a political machine. The media figured out what they can do way back when Orson Wells told his little story about the martians. Well, I wonder what or whom will be the next martian?
 
Far too many people have lived well beyond their means for lots of years and its finally caught up with them.When they get their debt paid down they will start buying again and things will slowly pick up.

Nearly half the people have such a lousy credit score that they cant buy anything.I wish it was as simple as turning off the TV.I rarely watch it myself.I have a great credit score but I'm not buying anything as theres nothing that I need right now.
 
The ecconomy is all about 'confidence'.

Turn off the TV and go on with life without the constant wailing on TV 24 hour news channels about how bad we have it....

And a lot of confidence comes back, and the ecconomy gets better.

Right now you can turn on TV & in 15 minutes get a real total dose of just how bad & aweful & gloom & doom every person has it, no hope at all.... Blah!

Add in a few people might watch too much TV & not contribute anything to the ecconomy - would help if they shut off the tV & did something.... ;)

His post made perfect sense to me.

--->Paul
 
It will all work out in the end. I have said for the last 10 years that the only thing that would strighten things out would be a complete fall and rebuild from that but how can you rebuild with no manufacturing jobs . a service job doesn't do much at min wage.
 

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