Does anyone have a dollar stretcher I could borrow or could I pick from your money tree? Isn’t this something that most of us are wishing for right now. Unemployment rates are at an all time high and it seems that cutbacks and instability are have become a permanent part of our thinking.
I have often wondered how it would be to live in a country that gets hit by bombs on a regular bases or where there is fighting in the streets. What is the mindset of those that live there? How do they survive from day to day? I know this is an analogy that is dealing with life and death but I think most of us can apply it to our outlook of our job stability. It’s called conditioning.
Times have changed. Not too long ago the mindset of most Americans was that you would get a stable job and could stay with that company until you retire, if you wanted to. You would have a retirement and insurance waiting for you at the end of that duty. Not so today, there are very few companies left that would fit this model and so we have gradually had to shift our paradigm in a new direction. We now have become conditioned to know that we can’t rely on a job anymore. We have to think and plan now like someone that lives in a country like I mentioned above. We have to think outside of the box, plan more and make escape routes for when war breaks out or when we hear the bomb siren going off. We may even travel lighter now and not grow roots as deep because we may not be staying in one location. For most of us life has changed. It’s not doom and gloom it’s just life and we survive.
We lean more on each other. We lend a helping hand and we gain a stronger appreciation and love for fellow human beings.
Britain's budget gap narrowest since financial crisis
23 Apr 2014 | 8:42 am
By David Milliken and William Schomberg LONDON (Reuters) - Britain's hefty budget deficit has fallen to its lowest since the financial crisis, official data showed on Wednesday, helping the government argue it is delivering on a key economic pledge a year before a national election. The Bank of England, meanwhile, indicated it was not hurrying to raise interest rates, even if its members are somewhat divided about the economic outlook. The deficit in the 2013-14 tax year fell to 6.6 percent of gross domestic product from 7.4 percent in 2012-13 - in line with recent government plans. It was the smallest shortfall since 2007-08, though well above that of most other advanced economies - including the 3 percent expected of European Union countries - partly a reflection of how much the government used to rely on massive revenues from banking and housing before the financial crisis.
Europe recovery shows signs of strengthening
23 Apr 2014 | 8:40 am
FRANKFURT, Germany (AP) — A closely watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum.
Slovenian government vulnerable to leadership challenge
23 Apr 2014 | 8:30 am
By Marja Novak LJUBLJANA (Reuters) - Slovenia's coalition government, which averted an international bailout last year, could collapse on Friday if Prime Minister Alenka Bratusek loses the leadership of her party, Positive Slovenia. The center-left Positive Slovenia will elect a leader late on Friday and Bratusek has indicated that she will quit the government if her challenger Zoran Jankovic, the party's founder and mayor of Ljubljana, becomes the new head. "I can hardly imagine that I could lead the government without having the support of my own party," Bratusek told reporters earlier this week. A government collapse and early elections would slow efforts to make Slovenia's economy more productive and could hurt sovereign bonds, whose yields have fallen back to their 2007 level in the past month as investors regained confidence in the government's budget management.
Stock futures little changed ahead of open
23 Apr 2014 | 8:28 am
U.S. stock futures barely budged in pre-market trading Wednesday as positive earnings news from U.S. companies was offset by a disappointing economic report from China.
Hole in Afghan budget stirs unease as West starts packing bags
23 Apr 2014 | 7:44 am
By Jeremy Laurence and Mirwais Harooni KABUL (Reuters) - A $375 million hole in the Afghan budget is threatening public projects and civil servants' salaries, officials say, putting the aid-dependent economy under stress just as Afghanistan awaits a new leader and foreign troops prepare to go home. U.S., U.N. and Afghan finance ministry officials have discussed ways to resolve what they say has become a critical situation for the budget, with civil projects most at risk as international assistance starts to taper off. "If the political situation of the country does not become normal and businesses do not start again soon this problem will become even more worrying," Alhaj Muhammad Aqa, director general of the treasury at the finance ministry, told Reuters on Wednesday. "We will not only face problems in paying salaries of employees but we will have difficulties in other issues too." Funding for security will not be affected, as costs are met by foreign governments which recognize that any chance of stability in Afghanistan rests on quelling the Taliban insurgency.
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