State Of The Nation

The definition of a Recession is an economic state in which the rate at which individuals and institutions begin to curtail spending. The Country stagnates.

Now back to English, I was watching a panel of bankers and economist debate over whether we are in a recession or not. No one could agree.

But in my opinion all they have to do is look around. People are not spending as much as they used to because no one feels secure in their places of employment.

And when spending goes down the economy goes down because people have to be terminated in order for companies to maintain profits.

This is especially unfortunate for minorities because they are usually the last ones hired and the first one fired.

The best way for minorities to survive recession is to go into the medical or hospital trained feilds.

People will always get sick.

One Love, One Nation, One World.