Two Sides of a Delightful Coin*
I'm done with the ranting for now. Partly because the end of the week is in sight so I can look forward to forty hours or so without thinking as much about this stuff. More importantly, my spittle-flecked monitor is due for a cleaning after the last two apoplectic posts. Many thanks for your kind comments and links as well as your indulgence.
Since we've covered some of the negative aspects of emerging class warfare resulting from all the fun on Wall Street, it's time to give a few blog inches to the positive aspects. Feel free to add your own in the comments.
- Bad economic times mean better customer service. Just as job market mobility in good times upgrades the 7-Eleven clerk to bank teller, people capable of logic, proactivity, and cheerfulness are likely to find themselves grateful for jobs dealing with the public. I for one look forward to much less frequent attempts at humor by cashiers who notice my name on the credit card.
- More affordable housing will be available for most people. Yes, it's unfortunate if you bought your house around the market peak and were hoping to turn a quick profit. (Must...not comment...on...moral hazard...of bailing out...overextended fools.) People who have been saving for a proper down payment, those looking to move up to a more expensive home, and most renters will be better off for the next few years.
- Entrepreneurship will flourish. Just as the death of an old growth tree allowing sunlight to reach the forest floor for the first time in decades prompts rapid new flora growth, financial dislocations will prompt more people to launch their own ventures. My prediction is that twenty years from now we'll look back to the closing years of this decade as the genesis of new growth industries much like what happened in the early 1980s. Creative destruction, despite the pain it creates, generally works.
- Some people will rediscover what matters most to them. That it's cliche makes it no less true.
- More hobos!
* If you're unsure about the reference in the title of this post, you need a little refresher here. It will make you feel better about the world.
Thoughtful Lance. Mirthful Lance. Two sides of a delightful coin.
5 Comments:
Lance and I have some cardboard at the ready for you, Babe.
saw this tonight and thought you would enjoy it....foodproof.com/blogs/view/post/bacon-man-435
also note the reference to bacon camp in the comments...wah?!
funny last week I was driving through BK and the cashier was a middle aged friendly man who seemed to have a brain and not be on drugs and I felt badly thinking wow, that sucks for him wondering about his pre-BK life but happy to have a better functioning cashier.
also for the record in some areas renters (those renting from as opposed to those renting to) are having a much worse time due to high foreclosures many are looking to rent so there's not much available and the landlords are charging crazy high prices knowing they can and not providing good service knowing they don't have to...
thanks nina. i'm both honored and slightly frightened that a short wooden and pork fat effigy made you think of me.
well its also partly the revulsion I know Denise would feel at the quantity of bacon...if I found a website dedicated to mayonnaise I'd probably give her a link knowing she'd hate it...
Nina, friends like you...so hard to find. I'm just too lucky for words.
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