Teacher, pastor, author and father Voddie Baucham addresses this question in his post “Is An Economic Downturn A Good Reason to Stop Having Kids?”
“The news has not been encouraging lately. Between job losses, bankruptcies, and government takeovers, it is hard to be optimistic about the future from a financial standpoint. Even China appears [...]
Here’s another slice of perspective for ya’.
May 5 (Bloomberg) — South Africa’s unemployment rate, the highest of 62 countries tracked by Bloomberg, rose in the first quarter as the economy probably entered a recession for the first time in 17 years.
The jobless rate increased to 23.5 percent from 21.9 percent in the previous three months, [...]
From day one, all I have been hearing coming out of D.C. is how we Americans must learn to share the load during this recession. Here are the most recent major layoff announcements as of today:
Circuit City – 34,000 (entire workforce)
Caterpillar – 20,000
Pfizer – 19,000
Alcoa 13,500
Sprint Nextel – 8,000
Home Depot – 7,000
Intel – 5-6,000
Eaton – [...]
I don’t care what you call it.
David Axelrod, Obama’s chief political adviser, along with campaign media adviser Jim Margolis, are encouraging lawmakers to use the word “recovery” instead of recession, and “investment” instead of “infrastructure.” Those recommendations came from focus-group research indicating that such framing would make the package more appealing to voters.
The Obama [...]
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