Wednesday, January 14, 2009

Buzz word = Economy

I know there is a lot of truth to it, but how annoying is it when crazy stuff gets blamed on "the economy"?

One of the most ridiculously pathetic stories I heard on "E" (that's probably my first mistake, getting my "news" from the "Entertainment News Channel"), was that they were having to scale down in Hollywood on the gifts given to celebs at the awards shows. That's terrible! Whatever will the celebrities do when they have to accept a $100.00 dog tag necklace instead of the $x000+ bling they're used to getting? And what do you mean there won't be any designer sunglasses? You mean they'll have to be photog'd in their giant sunglasses from last season unless they buy their own? No way!

It's the economy, the report said. I see. That's awful. I teared up at the thought of the fewer number of brand new Jimmy Choo(s), or the celebs having to pull out a dress they may have worn before (gasp!), or...

Ok, you get the point. Thing is, I know not all the celebs are so shallow and are not in it for the freebies, getting all dressed up for the red carpet, the shoes (no, that would be me! LOL), etc. I know there are some that do the job cuz they love it and the money's great too...but, I imagine there are just as many if not more that looked into those goodie bags at the awards show and secretly said to themselves "WHAT? That's IT?"

Then, they rolled out in their slick ride to their crib (j/k)...

Seriously, though, unemployment is up to 7.5% and underemployment is up to 6.4%. THAT is sad.

They say that if we start selling houses, that would boost the economy. Hmmm. Who wants to jump first? The reported unemployed and underemployed are struggling not to lose their houses and, if they do, their houses will flood the market with even more foreclosures...sending the housing market even further into the hole. So, no one is selling because their houses are not "worth anything", no one is buying because the job market is crashing and it's all a big circle.

So what's anyone's ideas on how to fix it?

From what I understand, we're in our 12th or 13th recession in documented history...so we'll come out of it...but how? What worked before? Can it work again?

I'm part of the 6.4% underemployed, seeking more work....a career. I need to help my family, save my house...but, you know, "the economy"...

So, I watch E and get entertained.

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