Have We Recovered Yet? Well, Why Not???

By Si Dunn

It's getting ridiculous out there in World Recession Land.

Pollsters here and abroad are surveying the public on whether or not they expect President Obama to make a good speech to Congress tonight about the economic crisis. News flash: Some people do and some people don't expect the President to make a good speech tonight. And a few people have no opinion at all or just don't care. (Feel free to quote my unscientific but common-sense poll results.)

The Republicans already are attacking the speech before it has been given and lining up a multiracial presidential hopeful from Louisiana (that paragon of fiscal stability) to give the GOP "response." Can you say "Tax cuts"? How about: "Earmarks" and "Why weren't we consulted? We have a lot of good ideas, such as tax cuts...and more tax cuts. Oh, and tax cuts!"

Meanwhile, world economies seem to be in free fall. Their financial leaders are particularly worried about Citigroup and Bank of America and AIG, plus a few others. Meanwhile, everyday citizens here and in Great Britain, Ireland, Russia, China and elsewhere are blaming "greedy bankers" and "bank bonuses," because the rest of the mumbo-jumbo makes absolutely no sense to those of us who don't have MBAs and a few years' experience at investment banks and have just lost our jobs and life savings.

We can certainly imagine major investment fraudsters hanging from lampposts, but we can't figure out how to string up or shoot a "derivative."

Anyway, everything apparently hangs in the balance with President Obama's speech. The whole enchilada. Some people apparently hope he will come up with the magic formula that gets us back to "the good old days" by next Friday, or Monday at the latest.

Good luck with that. A good speech is just a good speech, unless it somehow generates a rallying cry that sweeps America and the world.

Look, no one is going to save us except ourselves. The recovery will have to come from the bottom up, because the top is in meltdown and total chaos and ruins.

Figure out what you can do today to help yourself, your family, your friends and your favorite small businesses stay afloat in these absurd times.

Spend some money. Save some money. Sell off some crap on eBay or Amazon. Unclutter your life. Get lean and mean. Take some classes. Learn some new things. Stay in touch, but don't let the bad news keep knocking you down.

The recovery starts with you, with me, with us. Let's get it started now.

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