[quote=DWCAP]
This recession is hitting some people VERY hard, and others are not even being touched. If anything, they are better off as prices are plummeting for many of the goods they consume. The media, in its desire to sell stories, is reporting on those who are getting clobbered. They always do this.
[/quote]
ITA with this. And this was true during the depression. My grandfather made a fortune during the depression, speculating on various things. He lost it later. But there are going to be people making money, even in a recession.
There are currently major job hits in sectors like construction, architecture, banking, retail sales, auto sales. But there are other industries that are just fine. It sucks if you’re in one of the hard hit sectors.