Monday morning's drive into work raised my level of humility and thankfulness five notches. It was announced that 70,000 people lost their jobs. The companies named were Starbucks, Microsoft, Caterpillar, General Electric, Texas Instruments and the list goes on. All of these companies are solid American companies that have been around for decades. How will people survive?
For the past two years, I've noticed numerous foreclosures in my neighborhood. A neighborhood which has less than 15 percent apartment buildings. These home are not dilapidated; most are in excellent condition. One day a family was living there; the next it was boarded up with no for sale sign on the lawn.
Last week, my manager call an impromptu meeting to talk about budget cuts. Only 80 percent of our current fiscal year '09 was funded. Travel and no money available for June 2009 salaries. There are only six people in my unit. Of course, I'm on the horn with family and friends taking polls and discussing fall back plans. I told my mom, I would work three jobs if need be. She laughed and said, "Would you do janitorial work?" I replied, "In a heartbeat." The truth of the matter is, a lot of people are hurting financially and can not find jobs in their trained professions or trades. The market is saturated with IT skilled individuals and if unemployment increases, it will be extremely difficult to find a position. What I also learned is that many of my friends/family are cutting back. People are being very careful about the way they spend money.
Discussion with DBF - People will have to become more creative in supporting themselves. It's not pretty working just to pay bills. This will be an opportunity for people to become stronger. Start your own business.
In several discussion, people have suggested that I could always sew for people. May be..., but that won't bring in enough revenue. It's time consuming and if folks are cutting back; the cut backs are usually those things that people can live without: vacations, fancy dinners, party, custom sewing. So what do we do to sustain ourselves in the face of a failing economy: Become more conscientious about spending on hobbies we love? Or take in sewing to earn extra money?
..., at the end of the day, I thought to myself, "Don't worry. God is my resource. I will survive; my family will survive. We knew it was a recession before it was announced."