If you’ve turned on the TV, flipped through a magazine, or listened to the radio at any point in the last three years I’m sure you’ve noticed America is falling apart. Unemployment is up. The Stock Market is down. The world is coming to an end. But for the Ninja household, and I’m sure many others, we’ve escaped the doom and gloom unscathed.
In fact, we’ve kicked some major butt during this depressed economy. I managed to pay off $28,000 of student loan debt, put $20,000 in savings, and contribute over $30,000 to my retirement accounts all since I graduated college in May 2007. Yeah, 2007, you know, right when the markets took a turn for the worst.
While I wont argue that the last three years have been extremely difficult for some groups of people (eg auto workers in Detroit), I would like to remind the majority of Americans that they need not participate in (or at least be completely disabled by) the recession.
Yes unemployment is at 9%, one of the highest points in recent history, but guess what. That means there is an EMPLOYMENT rate of 91%. That means 9 out of 10 people that want to work, can. It’s all about perspective.
Don’t get me wrong, I know there are good/honest/hardworking people out there that can’t seem to catch a break. There’s always two sides to every story. That’s why I’ll end today’s post here and leave you with three simple questions…
How have you fared the last three years?
How have you prospered during this time?
How have you been hurt?
Update: Apparently this post has been perceived as arrogant by a few readers. The intention was not to brag and say I am better than anyone else, cause let’s face it, I’m not. It was simply to show that I have not been affected by the recession. Since I have been fortunate enough to survive the economic crisis, I wanted to see if others had as well. That was the primary purpose of the post; to see how people have fared through the recession.
I’m not dumb. I see the news. I know people are suffering. Some because they are lazy and use the recession as an excuse to wallow in self pity, and others that are working their tail off to try and find employment, but haven’t had any luck. If me sharing my personal success is considered arrogant, I don’t know why I don’t get the same angry comments on Net Worth updates when I have an increase.