I’d like to believe that we will innovate ourselves out of this one whereby our new technologies will provide growth that usurps the losses. Perhaps the next big thing will be in renewable resources and goods/green products. Biotech or medical innovation.[/quote]
I certainly hope so golfgal.
Speaking of recession, I see a lot of angry consumers whenever I go out lately. On the gas pump where I bought gas yesterday someone wrote “Kill Bush” with a sharpie. At Vons there were a couple of guys in line in front of me who were checking and re-checking the receipt for their groceries and complaining about the cost of things… The price of eggs at the Vons near me has about doubled. Last time I got gas at Costco I saw people fighting in line. I saw on the news this doctor was arrested for a rage incident at the gas pump.
Watch yourselves people! Things are heating up. In hard times people are angry and will go postal.