The Great Depression

[kass_rants]

Okay. Listen up! I don't care what the media has been screaming about. This is NOT another Great Depression. I'm going to explain to you why.

Kass's Top Three Reasons Why This is Not Another Great DepressionThe Great Depression began with the crash of the stock market in October 1929 (the crashes are always in October...). Many investors

Comments

[tattycat]

We've been continuing on business as usual here. Most of our savings are in bonds, and so far the only real blip on the radar has been that my employer is changing insurance companies (rates went up by 25%?!?!)

I'm not sure how good of an economic indicator life funded by a private school is, but there we are.

[kass_rants]

I've never made a study of private schools, but my guess would be that they probably don't respond to economic conditions as quickly as other things. People who want their children to have a private education aren't shopping on price anyway. And one expects that that would make your job fairly secure.

[tattycat]

That's exactly the case. Yes, we're having some budget tightening this year-- they're no longer serving single-size packs of peanut butter in the cafeteria, there's no more cut fruit at meals, and sometimes, when we ask for stuff? They tell us no.

Can I take a moment and tell you how totally bizarro-world this sector is? We're having budget-tightening, which means we only have $115M for an operating budget instead of $120M. At a school of 400 students. Anybody who says the rich don't live differently is just deluded.

[kass_rants]

No kidding, eh!

Oh, to be that different... =)

[heidilea]

Bwa? I don't think the county I grew up had that much allocated to ALL the schools.

And their cutting peanut butter? Fwah!

[heidilea]

they're--pardon my poor grammar.

[kass_rants]

Heh. I don't think the STATE I grew up in did!

[tattycat]

Just the single-serving packets. They will still have serving jars of peanut butter.

*dies*