Recession 2008
There are three categories of citizenship that are typically referred to as Lower, Middle, and Upper. However, the Great Recession has identified a new economic class. Which class you fall into is up to you.
The Lower Class
shouted about the “Great Depression” of 2008. They preached the gloom and doom of unemployment and the “crash of Wall Street”, even though many in the lower class have no ties to the market.
The Lower Class listened to the media hype and accepted it as truth – and the self-fulfilling prophecy caused them to be right.
The Middle Class
felt the job losses and reduced values of their homes. The Middle Class heard news of the woes in the market and found what they were looking for:
- A drop in their net worth
- Lower home values
- An increase in unemployment
They were right too.
The Upper Class
noticed the drop in values of investments, real estate, and unemployment numbers. Fortunately many in the Upper Class remained in the Upper Class because they had the means to weather the storm and come out the other end OK.
They were also right.
The Other Class (a new class of Americans)
chose to ignore the media hype, worked hard, tightened their belts, found extra jobs or started a small business in order to make it through rough times.
They acted and reacted to their own situation. THEY MOST CERTAINLY WERE RIGHT!
What class will you join?
Don’t listen to the gossip of the Lower Class or continue to live in the Middle Class. Get out there and be the Other Class now so you can survive as many in the Upper Class did.
I work hard, make smarter decisions, and turn off the TV in order to feed my brain (read a book).
All that attention I had spent on Paris Hilton or Marilyn Manson has NO BEARING on my life today. How about yours?
Justin Lukasavige says
So true Steve! I love being in The Other Class. I have no idea what happened and didn’t rely on other people to tell me what to do; I just made it happen.
RAsburry says
Add one more proud, new member to The Other Class!
Alex says
Wow, I really love that last bit, “All that attention I had spent on Paris Hilton or Marilyn Manson has NO BEARING on my life today. How about yours?”
That’s such a great way to explain it! Who’s heard about Brittney Spears in the last 10 months? And yet for all of 2008, she was all anyone would talk about! Now if you mention her it’s barley a blip on the radar.
Great stuff!