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Has the economic downturn had any effect on your overall mood?

Asked at Massachusetts Street on October 16, 2008

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Photo of John Elias

“It’s definitely made me take another look at my portfolio to make sure it’s a little more conservative. I wouldn’t go as far as to say it’s made me depressed, but I’m very concerned.”

Photo of Rosa Salazar

“I try not to think about it, because what am I going to do? Yesterday I was looking at how much our retirement fund has dropped, but it doesn’t do me any good to worry about that. I think I just have to keep living and try to be happy with what I have.”

Photo of Jose Valez

“Well, I’m not from this country, but it’s made me feel like if the U.S. can fall economically, then it begs the question what country can’t fall. It’s really made me aware of how fragile everything is.”

Photo of Kelly Agnelli

“I would say no, but then again I’ve made it a point not to look at my mutual fund statement. It came in the mail, and I just filed it away.”

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Comments

zettapixel 6 years, 2 months ago

The economic downturn really hasn't affected me very much. If anything, it's allowed me to invest in stocks that I might not otherwise have invested in, because they're so cheap right now!

nobody1793 6 years, 2 months ago

If flat screen tvs get dirt cheap this holiday season, I'll think about it. Otherwise no. I had a solid financial plan to begin with.

H_Lecter 6 years, 2 months ago

Funny you should ask. I was just about to recreate Sylvia Plath's final scene and thought I would read the paper first. The irony really cheered me up after reading the OTS question.

craigers 6 years, 2 months ago

Not really. First of all, I know it will rebound and return after some economic adjustments have been made and consumer confidence returns. However, I have delayed participating in my company's 401K and I haven't lost anything. I will start this year though so I can benefit from the upswing in the market going forward.

chapdaddy 6 years, 2 months ago

I saw gas for $2.59 this am. It's dropping........

trinity 6 years, 2 months ago

tob i can hook you up with the Yahtzee paraphernalia due to a couple of broken Yahtzee games/missing parts/etc; but it's gonna cost ya. some MREs and a couple bottles of booze for a pad of score sheets? ;)

ms_canada 6 years, 2 months ago

Oh yeh!! My mood turns decidedly angrier. Are there not people out there who are supposed to guard against this sort of thing happening? Why did no one in power see this coming? John McCain constantly talks about greed on Wall St. and in Washington. Is he not in Washington? I am concerned about my children and grandchildren. Will there be jobs for them? Will they be able to afford a house? Stuff like that.

sgtwolverine 6 years, 2 months ago

R_I, I was looking for an Arby's for almost two hours; eventually my low fuel light came on and I had to stop, so I went to Wendy's instead. I don't recall exactly how long it was until I saw an Arby's off the highway, but I think it was another 20 minutes or so.

sgtwolverine 6 years, 2 months ago

My mood moves independent of the national economy. In fact, I think my mood is tied much more to Michigan football than it is to the economy. And compared to this Michigan football season, the economy is looking good!

notajayhawk 6 years, 2 months ago

chapdaddy (Anonymous) says: "I saw gas for $2.59 this am. It's dropping::.."I filled up on my way home from work this evening for $2.39.***Has the 'downturn' affected my mood? Yes, I have found the endless parade of folks running around saying the sky is falling to be quite amusing.

sunflower_sue 6 years, 2 months ago

R_I, I think that was actually from the FedEx guy. He has been asking me about you...;)

sgtwolverine 6 years, 2 months ago

Sue, definitely the roast beef. Definitely.

Flap Doodle 6 years, 2 months ago

Lemur wool hit another record high on the Swiss markets.Spiced ham is down around the globe.

tangential_reasoners_anonymous 6 years, 2 months ago

Can't tell. The stone has fallen out of my mood ring.

preebo 6 years, 2 months ago

"Financially, things have never been better for my family. If people would just get off their butts and work they would not be in such dire straights. Quit looking for welfare handouts."B3 seems to subscribe to the Phil Gramm school of Economics. See, the real issue is that we are in a mental recession. Remember, Phil Gramm and B3 believe we are a "nation of whiners." This whole issue is a result of laziness and welfare handouts. See, everyone?!? B3 says this crisis is your fault. We should be ashamed of ourselves. Or at the very least ashamed of B3.

sunflower_sue 6 years, 2 months ago

sgt, is it the roast beef, or the curly fries that you crave? "I got to assume that a four year old is smarter than a two year old." -TOBYes, they get smarter and smarter. Then, during the teen years, they know absolutely everything!Deja, does your 4 yr old ask 6,498,757 a day...or have you stopped keeping count? Aren't they great at that age? Huh? Huh? Aren't they? Aren't they? Look at me! Looooook at me! Moooooommmmmmm!!!!!!!

Deja Coffin 6 years, 2 months ago

it hasn't really effected my mood. Although I have been thinking about a part-time job. Not because I'm in some sort of money crisis but because talking to 4 year olds and 1 year olds all day is slowly making me lose my sanity. My biggest discussions this week were "why bananas don't belong in toy boxs" and "why finger painting is okay but foot painting is not". Any suggestions for part-time jobs?

bad_dog 6 years, 2 months ago

Yikes, R_I, if Sue's correct you better start reloading!

schula 6 years, 2 months ago

Deja: In the past week, I have seen that Rod's Hallmark, Michael's and Hobby Lobby are hiring. Hope this helps.

Corey Keizer 6 years, 2 months ago

I hear Pork Bellies and Frozen Concentrated Orange Juice are good investments right now.

jumpin_catfish 6 years, 2 months ago

Why worry Obama will fix it all, the TV said so.

Flap Doodle 6 years, 2 months ago

I'm taking the lemurs off-shore next week. Do you have any idea how hard it is to find PFDs for lemurs?

sgtwolverine 6 years, 2 months ago

I traveled to Alabama earlier this week, and I saw gas for $2.59 in Ohio; it was in the high $2.90s in Montgomery ($2.97-ish), and it's in the $2.80s here in the Ann Arbor area.Also, generally unrelated but still worth knowing: if you're traveling I-65 through Kentucky, be prepared not to see an Arby's for most of the state of Kentucky.

Deja Coffin 6 years, 2 months ago

TOB, not elitist just not a fan of scrubbing paint off the floor. We do make ghost on black paper with their feet for Halloween but that's about it for foot painting. No matter how controlled you think the environment is, a 4 year old will prove you wrong everytime. Schula, that's prefect, that way I can not only work part-time for sanity but also fuel my craft addiction! Foam visors for everyone!R_I, not completely, I did the whole full-time work and full-time mother thing for awhile but then realized that my kids were missing me as bad as I was missing them and my employees were bigger babies then the two I had at home. I just thought about a part-time job for a break and maybe a little extra Christmas money but who knows if I'll actually pursue it. Might cut into my commenting time on ljworld.

samsnewplace 6 years, 2 months ago

Alot of families right now are struggling economically, and they are working and working hard. There are companies going out of business daily and people who have years invested, leave with almost nothing. America the land of opportunity? If you are employed, count your blessings and hope to heck you are not laid-off. Raises are almost a thing of the past, forget about a cost of living adjustment....yes the cost of living will rise but just grin and bear it because you won't get a penny. But again, be thankful you have that job and hope the bills don't rise above what you are paid because one day they will and then you work 24/7 and then what? I don't shop except for essentials like food, I don't have luxuries, I don't waste money, I work hard and have less and less to show for it. Does it affect me, you would have to be rich for it not to affect you!

acg 6 years, 2 months ago

Okay, so the "look at me, look at me, look at me mom" is normal? I thought my 3 year old was just really needy and an attention freak. Phew, that makes me feel a bit better. As for the gas prices, it's nice that they're coming down but doesn't anyone see a correlation between the gas prices all of a sudden dropping and an election just a few weeks away? A little too convenient for me. There's no reason to be in a bad mood about the economy. I'm going to do like the dude on the daily show said the other night. We're going to invest in things you can eat and things you can use to kill things you can eat. It'll all be groovy in the end. Viva la revolution! LOL!

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