Thursday, September 25, 2008

Thursday 13 - Would Another Depression Be So Bad? - 9/25/08

With all of the turmoil about our economy, the calapse of huge corporations, and widespread layoffs, there is a lot of fear among the American people that we are in a recession and headed for worse. It made me ponder whether or not a depression would actually have an upside. My father's generation survived the Great Depression and the lessons they learned served them well their entire lives. Subsequent generations (including mine) have not experienced the hardships that built the character of our nation. My Thursday 13 this week are thirteen things that came to mind that might be benefits of another depression in America. Don't get me wrong, I am not saying a depression would be a good thing, I am just saying.............

1) An end to the entitlement mentality that permeates the American society.
2) A rallying together of families, neighbors, and communities in order to survive.
3) The end of farm subsidies and paying farmers not to grow crops.
4) A chance to let the rest of the world operate without our participation as our focus will be domestic.
5) The return of the work ethic into American society.
6) Narrowing of the gap between the haves and have-nots as everyone becomes a have-not.

7) People will learn do it yourself skills to become self-sufficient.
8) Oil producing nations will have a huge surplus as our needs for oil becomes greatly diminished. They would gladly exchange oil for food.
9) The return of the extended family.
10) The end of the debt based economy.
11) A reintroduction of basic values.
12) The illegal immigrants would go back home and there would be no jobs to outsource abroad.
13) There would be nothing of value for thieves to steal.

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