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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Saturday, September 17, 2016

The Law of Unintended Consequences

Even though my heart starts palpitating and my stomach churns when I think about what the future would be if Donald Trump should be elected in November, I still find these fleeting thoughts streaking across my brain.

One such thought is that tourism to the U.S. will probably drop significantly.  Many states that enjoy the income derived from tourism will be hurt. Trump has promised to be the “law and order” President, that he can stop the killings in Chicago in a week, and that all undocumented aliens who are criminals will be deported immediately.  Oh, and he wants to stop all Muslims coming into the country.  So, if I were planning to come to the U.S. to see the Grand Canyon, I would cancel my plans.  These tourists would imagine storm-troopers patrolling the streets. Every person would be carrying a concealed weapon ready to shoot them and their children for the least imagined infraction.  And, heaven forbid, if these tourists happen to be blessed with black hair and brown eyes, they might be swept up in one of Trump’s “deportation force” roundups.

There would be no leaders of civilized countries abroad who would meet with Donald Trump.  They could never believe anything he said because he changes his mind within 24 hours.  He believes everything is negotiable, and they definitely do not.  Democracy, human rights, protecting the environment, responsible economic policies - those are never negotiable.  I am sure, however, that Kim Jong-un, Vladimir Putin, Joseph Kabila, Nursultan Nazarbaev, and every other dictator would be happy to welcome Trump to their country.  Heaven help us.

Make America Great Again is code for “let’s go back to those good old days when minorities knew their place (as servants), the television shows didn’t have any of those disgusting gay people in them, everyone drove one of those gas-guzzling monsters turned out in Detroit and nobody worried about letting the water run while you brushed your teeth.”  He implies that America is not now “great,” although he also says that we have to stop all those millions of people trying to get here.  So, I imagine discrimination will flourish again.  Laws protecting people will be reversed.  Hatred and bigotry will reign.  New York, California, Colorado, Oregon, Washington, and pretty much all of the states in the northeast would attempt to secede from the union.


Those are just a few wild ideas.  Do you have any?  Share them with us.     

Monday, August 02, 2010

This Mess Has Got Me Depressed

Depression is not a word that generally applies to me. My marriage is good, my children are healthy, my grandchildren are perfect in every way, my life is busy and filled with laughter and happiness. So why do I feel depressed?

It's this economy and what it's done to people - and I mean people I know and love - not some "people." First, though, is the fact that I am sad about the death of Ron's sister, Betty, in Florida. She was a victim of old age. After selling their home in Myrtle Beach, she and her husband, Frank, moved to St. Petersburg and bought a condo in a high-rise by the water. They were fine for several years, then Frank got a diagnosis of lung cancer and died within two years. And those last two years were extremely hard on his wife, since she never left his side except to go grocery shopping.

After Frank died, we all thought Betty would move to California to live with their daughter. But the timing was off. The housing bubble had just burst and the condo that had been worth $400K was now unmarketable. She had it on the market off and on for two years, and wouldn't come down to a price that might have drawn buyers, saying "I'm not going to give it away." So she stayed there, waiting . .. waiting.. . waiting. Then she got an infection that spread to the plastic valve in her heart and then she was terminal. She wasn't strong enough to survive the heart surgery to replace the valve and antibiotics can't work on plastic. So, after two months of pain and suffering and (although it's not important, probably a bill of about half a million) she passed away.

There are so many "if only's" in that story, it just makes me sad. Now her kids will sell the condo for $150K and that will be that.

And my daughter's mother-in-law is facing foreclosure on her condo, she's walking away from her car lease, and declaring bankruptcy. My friend and her husband are walking away from their house that three years ago they were thrilled with, but now see as a really bad investment since it's worth about half what they paid for it. They found out this weekend that about 5 or 6 of their neighbors are going to do the same thing. My son refinanced his house to pay off his ex-wife to get her out of his life, and was hoping and praying that the market would recover before the loan adjusted so that he could either sell it or refi it again into a 30-year fixed. But no. He's going to try to short sale it.

I feel like I'm on an island and the tide is coming in. Where can we move? I can't bear to watch what's coming - I don't think the worst is over.

And forget about the kids that are looking for jobs!