34 votes

It's Official: the Recession just became a Depression-Update

UPDATE 9/4/11: I have accepted a position in Appleton, WI. I will be working for a well-established major retailer serving the agricultural community. I've been away from N.E. Wisconsin/ U.P. for 27 years, first with department stores in Ohio, then a chain in PA, then a family shoe store chain in St Louis. I feel like I am circling around to my roots. Coming home.

I have been asked how I landed a job, at age 53, in just 6 weeks. Well, I'd like to say it's because I'm good, but the truth is that it was the willingness to move and a bit of luck. A headhunter saw my resume on Monster or CareerBuilder the day after I posted it, and he was working on a job opening that matched my experience. The rest just unfolded.

It is sometimes hard to remember that even in the worst economic times, there is work to be done. Maybe not in your preferred field. Maybe not in your town. Maybe not at the pay you would like. But someone out there needs you, wants you, and is looking for you.

I appreciated the outpouring of concern from DPers.

(original post)
I was told yesterday that I will be losing my job in about a month.

When my friends lost their jobs, I felt bad for them, and I did what I could to give them letters of recommendation and moral support. They mostly got back to work, but for some it took a couple of years. Some are still waiting. Such is the job market in the Recession.

But now I'm losing mine. Visions of bankruptcy, starvation, and homelessness haunt my mind. Losing a long term job is a real mind bender.

The Depression is in my mind. I know that, and I know I will shake myself out of it. I went through a patch of unemployment about twenty years ago and I got through it. But I was a young pup then. A scared new father. Today, my son is grown (he likes it here, so he doesn't want to leave, which is not all bad because I would feel bad if he hated it here) and I've got a couple of bucks in the bank. Not much more. I'm not going to starve...yet.

On the other hand, prospects in my industry, retail, are dim. Despite the happy news from Washington, lots of retailers are hanging on by their fingernails. They might be doing volume, but they ain't making no money. That's the payback for thirty years of retail overbuilding encouraged by low interest rates and municipalities jiggering the system so they can collect another dime in sales tax. Now there is no financing, no customers, no way to make payroll and rent, and no way out but bankruptcy and liquidation.

It's time to shift gears, I guess. Get out of reselling. Get into making stuff. I'm good at smoked salmon. I build some kick-butt wooden kayaks and canoes. I'm pretty good as a handyman, though I think every guy who ever lost a job has thought of that one. I'm also a pretty good talker. If I can convince a wild-eyed liberal to support Ron Paul, then I can sell proverbial ice cubes to proverbial Eskimos.

There, I'm starting to feel better. Ratchet up my backbone, put on my shirt and tie, and go do my job as best I can while I still have one, and at the same time work my contacts for job lead

The only question now is: will my boss notice before or after he starts driving that he has four flat tires?

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Thanks, everyone

I told the boss yesterday that I needed to tell everyone in the office what was happening. They were all going to learn it through scuttlebutt anyway, so I may as well get out in front of the story. I was shocked at how shocked everyone was. Spent a fair amount of time talking everyone down from the ledge.

In the telling and retelling of the story, the reality lost it's sting. I'm moving on. As an old boss of mine once said, "I was looking for a job when I got this one." Change requires a little creative destruction.

I've read quite a few personal stories here on the Daily Paul, and I've seen the outpouring of concern. Until I became the beneficiary of that concern, I didn't know how comforting it can be.

Thanks all. I think I'll be fine.

Qualifications : Some Grammar School; Riverboat Pilot.

In that you like to write the right & sell boats that float not matter which way is right, look at some to the promotional articles I wrote for newspapers. Promoted a wide array of stuff. Worthless mining stocks back in the 1860s.... Always sought out jobs that were enjoyable & didn't require much work.

Went to the hardware store to stock up on motivational tools. by Mark Twain, 07/18/2011

Mark Twain on Investing... 07/17/2011

Collected my best stories & related them to Dr Ron Paul's wisdom 07/16/2011

Or, how about the start of the Gilded Age?

George Escol Sellers (1808-1899) from The Atlanta Constitution, September 8, 1901, p. A1

      THE GILDED AGE

The Gilded Age started out as a challenge by two wives sitting around a Hartford, Connecticut dining table in the spring of 1873. Olivia Clemens and Susan Warner challenged their husbands to write a "better" American novel. Samuel Clemens, "Mark Twain," already had two successful books in print published by the Hartford based American Publishing Company....

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

For those of you who need a

For those of you who need a job...I have a degree in nuclear and mechanical engineering and was making 70-80k per year in a state where that was good money before 2008. I got laid off and had to short sell my house and move into my travel trailer and retrench.

However, the trailer and my two cars were older and paid for. I finished another degree (two year associate in paralegal and considered criminal justice by my new employer.) I now have a supervisory position, but could almost guarantee work with my company for anyone with a clean drug screen, clean criminal history, and decent driving record. I of course cannot guarantee a job, but a job is a job with the worlds largest security firm. We are a Swedish firm, based now out of London, and in every continent except Antarctica. Yes, we may have "international" ties and could have undesirable "international" investors, but pay is pay...kind of reminds me of the gentlemen in Atlas Shrugged who just took a job in the "regular" world to get by.

I work for Securitas and have moved into lower management since the last election and make about half what I did during the last election. However, I am feeding my family and actually saving. If you are interested and need a job...we are everywhere in the U.S. and we always need good people. I have no gain except I want liberty lovers to eat and survive. I want more, but I will see if I can gain more. We all need to eat and survive. Maybe my new company can help.

www.securitasjobs.com

And yes, we actually own the famous or infamous Pinkerton Security Company in the U.S.A. also. We cover nearly 50% of U.S. nuclear facilities.

Bash away, but jobs are jobs in a depression and eating is eating. I hope that this can help feed some of you.

================
Who is John Galt? Vote ███ ███ 2012!

Don't know your circumstances

Don't know your circumstances beyond your description, so I don't want to be presumptuous. But have you ever considered the bar industry? Many of the classiest bars I have been to have more mature bartenders. You spoke of having a few bucks. Opening a bar is one of the cheapest startups for the best return. Nothing fancy. Just cool and somewhat clean. It's not much different than retail in its delivery. Talking to people. Listening. Giving people what they want. I left my job to open a bar with a friend almost 10 years ago. Not rich, but never regretting it. Don't know if its depression proof, but so far it has been recession proof. Good luck to you.

Go all out and start your own

Go all out and start your own business!!!

If you've got a few bucks saved up, now is the time to really become self sufficient. There's no other way, in my view.

You have a background in retail...you know what sells.

The canoe/kayak business is not in high demand...BUT that could be a GREAT side business to help you make a few extra bucks. Just set up a website - take pictures of your canoes and kayaks and sell them online. IT'S EASY to build a website, I actually just drove by a new business the other day that specializes in how to set up a website.

Back to retail....

Regardless of how bad the economy is, people will always need food, clothing and shoes.

Just ask yourself, who are the suppliers? What companies sell the products you want to sell? Just ask questions, it's not difficult to start your own business.

You can setup a website for free...but you're probably better off purchasing your own domain name.

An internet website offers (basically) FREE RENT.
And your audience would be world wide.....

No matter where your business location actually resides, if your product is superior to what's on the market, and you offer your product at a reasonable price...you will be very successful.

Make a good product, and they will come.

Build it better....and they will buy it.

Never be afraid to ask simple questions.

Zoo's Right

Figure out what you like, what your passion is and go for it. In my business I talk to quite a few small business and sole proprietorship business owners. I know quite a few guys who were in your position a number of years ago when Steelcase, life saver and others closed their facilities here. When i see them now I hear, "I was never so scared when I was layed off, now I can say I have never been happier" What are they doing? Mobile home & travel trailer repair, building custom camera equipment, car wash & detail shop, second hand-antique store, antique car restoration, wood working outdoor furniture, Dog kennel & doggie daycare, coffee shop, custom signs, organic farm produce (hes working on a aquaponic greenhouse system now), office cleaning, landscape, raising kosher cattle, water damage restoration, electrician, original oil on canvas painting, blueberry farm, used rare and antique book store, computer graphics design. Each one I know personally and they were working for a large company and either just quit, or got let go and are happier working in their own small business. Ron, you were just given an opportunity, have fun.

The recession killed our business

We couldn't compete with the Big Guys anymore.

I'm depressed too. Especially when I wear my RP button and people ask me, "Who's Ron Paul?" I mean... REALLY?

Mathew 5:9 Blessed are the peacemakers: for they shall be called the children of God.

Many folks do find a sudden

Many folks do find a sudden layoff the best time to pursue their dreams. I'd think about it seriously.

It's a scarry thought

The worst thing you can ever do is let your fear overtake you and cloud your mind.

Also,

Never ever let your pride get in the way. Help will not come unless you ask for it.

Hang in there buddy. No one has security of employment. We are all facing many fears to some extent. It is just a matter of how you address those challenges.

The future belongs to the risk takers!

Dex

For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

Amen to that... Just imagine

Amen to that...

Just imagine if a huge segment of 18-22 year olds started taking out loans to start their own businesses instead of taking out loans to finance their college tuition.

The money I spent on my, "college education," could have been spent on the business I own today at a much earlier time.....

I wouldn't have the student loan debt, and I'd be about 5 years ahead of where my business is at now had I not wasted my money on a piece of paper that means NOTHING.

Never be afraid to ask simple questions.

Have you noticed it?

There really are two distinct societies now.
Those who have jobs
and
Those who don't.

I get the impression that most of those who have jobs don't give a rip about those who don't. I think they're the ones who get those poll calls & want to raise taxes & support Obamao.

In Nevada, our legislature meets every two years. The session closed about a month ago, & you should have heard the howls when they were discussing cutting state employee salaries. These people SCRREAMED over 10%. For those of us out here in the real world, a 10% cut would be a blessing; cause to dance & open the champagne. If only we were so LUCKY to only have to cut back 10%.

Anyway, I'm hoping that when the division in haves & have nots gets big enough that the riots start. Anyone get those e-mails showing all the CRAP that could be easily cut to trim the budget? State & federal gov'ts suck.

I feel for you

It is amazing how in a matter of minutes your life can be turned upside down. I wish you well with whatever field you decide you may want to try. I have been in sales my entire life and certainty is never a guarantee. I enjoyed your post (especially the last line) and will leave you with one of my favorite quotes that always gives me courage and inspiration.
"IT IS NEVER TOO LATE TO BE WHAT YOU MIGHT HAVE BEEN." - GEORGE ELIOT

Here is my favorite quote- "WHAT WOULD YOU ATTEMPT TO DO IF YOU KNEW YOU COULD NOT FAIL?"- UNKNOWN

I feel both could be said about Dr. Paul and he has my utmost support for President.

Ron Paul 2012! For Liberty! For our Future!

plug

Shameless plug here, but I run a company that helps people find new jobs - essentially we find jobs that fit your profile and then apply to them on your behalf. I'd waive the setup fee for anyone coming from Daily Paul.

Google JobWaltz

Certainly

Send us an email here - http://jobwaltz.com/contact-us-3/

Don't forget to mention Daily Paul.

Good luck out there Ron!

Good luck out there Ron!

Stay positive and keep us posted...

you never know when there might be an opportunity arise within the DP community.

You are a wonderful writer!

Hopefully you can employ that in any new ventures! Good Luck!

A Famous Quote...

"Anytime is a good time if you but know what to do with it".

Saw the cracks in the wall 10 years ago and got the heck out of the advertising biz. Now I garden and sell used auto parts.

This experience will tough'n you up. Am looking to buy a canoe a soon as I reach my summer goal. Send me a yell when you start to build your fleets.

Any laid off web coders out there ( shameless plug ) need some quick & easy help on a growing venture.

Ramblin Randy

*Waves*

*Waves*

Good Luck Pal

Maintain that optimism, it will get you anywhere you want to be. Like Randy Pausch said, "brick walls are there for a reason. The brick walls aren't there to keep us out. The brick walls are there to give us a chance to show how badly we want something."

Maybe go back to your roots and work with your hands like you said. Or invest in yourself and pick up another trade that you never had time for. Maybe you want to become an entrepreneur, even in this economy, investors are out there!

I'm not sure if you have watched Randy's Last Lecture, but here it is; it may give you some direction.

Go out with your boots on

http://youtu.be/ji5_MqicxSo

"The true patriot is motivated by a sense of responsibility and out of self interest for himself, his family, and the future of his country to resist government abuse of power. He rejects the notion that patriotism means obedience to the state."RP

reedr3v's picture

Wow. Thank you. My life just came to

a stop as I took time out to hear the Lecture. Now to those brick walls!

Randy Pauch is one of my favorites

Thanks for reminding me about him. I'll have to dust off the old book and get an inspiration recharge.

Definition

The difference between a recession and a depression?
"A recession is when YOU lose your job.
A depression is when "I" lose my job."
It's always worse when it hits home.
My job is on the line too...just waiting.
Sounds like you do have some abilities and talents to pull from temporarily (which is more than many have.)Good luck.

Definition Expanded

A recession is when YOUR NEIGHBOR loses their job.
A depression is when "I" lose my job.
A cry'n shame is when MY SPOUSE loses their job. (humor)

Ramblin Randy

tasmlab's picture

Get your 156 weeks of benefits

Please sign up for your 155 or 200 (or whatever) weeks of unemployment insurance. You and your employer paid for it. There's no reason only banks and military companies get to consume your tax dollars. Call it restitution.

But still be philosophically and economically opposed to them :-)

Curious, how many people would purchase private unemployment insurance if the government didn't provide any?

Currently consuming: Gatto: "Underground history of education..", FDR; Wii U; NEP Football

Savings would do

If the market weren't squeezed so hard, employers could (and would) pay more, and employees would spend and save more.

I spent a couple of years doing the starving novelist routine before returning to retail. My savings were my unenjoyment insurance.

I agree, there is no shame or guilt in seeking and consuming unenjoyment "benefits" from the state, anymore than there is guilt attached to walking on the sidewalk -- even though both support systems are primarily financed with money extracted forcefully from innocent strangers.

dynamite anthrax supreme court white house tea party jihad
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West of 89
a novel of another america
https://www.smashwords.com/books/view/161155#longdescr

And remember that the squeeze

And remember that the squeeze comes from government spending, financed by taxation, borrowing, and Fed counterfeiting.

Government spending: The government buys stuff and hires people in competition with the private sector. The stuff and labor time is diverted from consumer consumption, capital formation, and the production of more stuff and services.

Taxation directly steals stuff from the private sector. (Later spending or distribution of the stuff doesn't come near to putting it back, despite the claims of "multiplier effect" {which would also have applied to it if it HADN'T been taxed away}.)

Borrowing both sucks it out by competing with private borrowers (both making less available and driving up the price) and must eventually be paid back, with interest, from taxes. So the private sector gets hit twice.

And Fed counterfeiting sucks value out of all assets that are dollar-denominated (like paychecks, bonds, mortgages, bank accounts, and the money in workers' pockets), transferring it to the government and/or whomever else gets the new money from the Fed first.

(Of course what the government spends the stolen money on is often creating more roadblocks for the private sector or taking more potential workers out of the game.)

= = = =
"Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job."

That means: For each job "created or saved" about five were destroyed.

Wit abounds.

Knows no bounds. Thanks.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Hmm...

The Second Great Depression started back in 2008...