recession

This is the time of year when many people find themselves picking paper angels off of trees and striking out to buy for a child who will otherwise go without holiday presents. It is a time when we pack shoe boxes with toys, drop new toys in collection bins, send money to local charities and deliver non-perishable food to the food bank. This is supposed to be a big time of year for non-profits.

Sadly, the toy collection bins I saw while out this morning were empty. They were empty when we entered the store and empty when we left. I've heard and read reports of local food banks with empty shelves. Last week when our family made a delivery to the local Christmas Bureau we saw a sign posted outside saying they were not taking anymore applications. There simply aren't enough donations to help everyone in need.

OK let's review. Last Spring, Bush said their was no recession. This summer, 'a few bumps in the road' - this fall, "Stormy weather", now, well their might be a depression, but my tax break will fix it.
My opinion of these changes reflect that there is indeed a serious recession and possible depression occurring, but our news media doesn't cover the issues.
At least BBC has covered the newest element of our spiraling economy - Bush's own 'Hoovervilles' are here.