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Indicators That the Economy Really Is Bad

Did you hear that Michael Jackson has died?! 😯 I've had some fun lately asking friends and family that question, acting as if I had just heard the shocking news for the first time myself. With the almost non-stop news coverage about him and his family, you'd have to be living in a cave not to know that MJ has passed away! I have seen the comic strip below online attributed to John Campbell and also unattributed several places and hope you'll enjoy it.

picture of news coverage

That sums up fairly well 95% of the news updates we hear after the death this world's "heros."

Did you hear that our economy is struggling?! 😯 As you well know, the news is full of stories of bankruptcies, layoffs, and gloomy forecasts, all the while struggling to make it look as if Obama is delivering the hope and change he promised instead of making things worse. But if you've been hit hard personally by the economy, you don't need news coverage to tell you so. Because many people have been affected personally or have loved ones affected, I have not been asking people in jest whether they've heard that heard that the economy is in trouble, as I do with the death of Michael Jackson. That said, though, I did have to chuckle at a list of indicators I received recently from an ivman reader who teaches business at my university.

You know the economy is really bad when....

CEO's are now playing miniature golf.

You got a pre-declined credit card in the mail.

You went to buy a toaster oven and they gave you a bank.

Even people who have nothing to do with the Obama administration aren't paying their taxes.

Officials from the Obama administration meet with small businesses — GE, Pfizer, Chrysler, Citigroup, and GM — to discuss the Stimulus Package.

Mothers in China are telling their children to clean their plates because children are starving in America.

McDonald's is selling the Quarter-Ouncer.

People in Beverly Hills have fired their nannies and are learning the names of their own children.

The most highly-paid job is now jury duty.

People in Africa are donating money to Americans.

Motel Six won't leave the light on for you.

The Mafia is laying off judges.

The bank returns your check marked as "Insufficient Funds" and you call them to ask if they meant you or themselves.


What are you or those close to you doing differently because of the current economy? I'm sure your personal belt-tightening is more serious than the list above. 🙂


"Self-interest is not necessarily selfishness." - Dr. Marty Marriott

=^..^= =^..^=

Things have gotten so bad that gold diggers are now marrying for love.

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12 Comments on “Indicators That the Economy Really Is Bad”

  1. #1 Michael
    on Jul 6th, 2009 at 8:40 am

    My wife and I aren’t doing anything that different because of the difficult economic times. We aren’t putting money into the stock market, though.

    I agree with you about the nonsense that often presents itself as continuous news coverage. The drivel and pointless interviews while we’re waiting for the next hollow news conference makes me feel like my brain cells are drying.

  2. #2 Lynnette
    on Jul 6th, 2009 at 9:39 am

    Yes, the news coverage is pointless, but someone without Christ entering eternal punishment is sobering.

  3. #3 Carrie
    on Jul 6th, 2009 at 5:37 pm

    Our family is very thankful that Steven has a better-paying job than before the downturn. So. . . And his check comes from the government (Army)!

    I don’t even own a TV, but am tired of all the coverage of MJ. Sure, he was a pop icon, but man, he was so confused! As Lynnette mentioned, his death is sobering.

    .-= Carrie’s most recent blog post … Psalm 138:8 =-.

  4. #4 Rob
    on Jul 6th, 2009 at 6:29 pm

    @Michael – You’re wise to avoid the stock market for now. Our retirement has been greatly diminished.

    @Lynnette and Carrie – MJ’s passing is sobering indeed, as it is when anyone leaves this earthly scene.

  5. #5 Tammy
    on Jul 7th, 2009 at 3:18 pm

    I for one am glad that the news has lots of Michael Jackson. I don’t have to hear about the economy that much — my husband has lost 4 jobs within 3 years. I also didn’t have to hear anything more about Jon and Kate. Your governor isn’t making as much news as before. MJ news was a way to escape reality but at the same time it was a sad reality. As Janet Jackson said we have have lost an icon but they lost a family member — a brother, son, and father.

    The other day I saw this on MSNB and put the quote on Facebook: Biden: “We misread how bad the economy was.”

    If he had asked me I could have told him.

  6. #6 Roy Hooper
    on Jul 7th, 2009 at 3:31 pm

    Hey Rob!

    We’re building a chicken tractor (a chicken coop on wheels that can be moved about the yard) and will soon have 3,4, or 5 chickens. It’s all about being self-sufficient and preparing for the economic meltdown. Hey Rob, should I get a gun and a year’s worth of canned goods too? Seriously, we are getting chickens b/c some kind person is giving us some from their brood. We just need to build the “coop”. Have plans, so off to Lowe’s we go!


  7. #7 Rob
    on Jul 7th, 2009 at 4:37 pm

    @Tammy – MJ’s passing certainly did upstage a lot of the other news the media was drooling over. My solution was to avoid the news as much as possible. Sorry to hear about all your husband’s job woes. It’s definitely tough out there right now!

    @Roy – Wow! You’re our second friend here in town to get chickens recently! We know where to turn if/when we need eggs in the future. 🙂 As far as greater self-sufficiency is concerned, one thing we did was to double the size of our garden this year. The Lord sent a special blessing in that we have a “volunteer” butternut squash growing in our compost heap, and it’s loaded with squash! I had already planted butternut squash, but this was an unexpected bonus for us!

  8. #8 Dave
    on Jul 7th, 2009 at 5:08 pm

    One of my favorite recession jokes:

    “AIG says they’re trying to raise more money by selling their big office building in New York. It’s 66 stories! And not one of them is the truth.” –Jay Leno

    .-= Dave’s most recent blog post … Venus de Milo the Streaking Leper =-.

  9. #9 Heather
    on Jul 8th, 2009 at 7:59 am

    Thanks for the laughs over the economy. It was great to feel like laughing, not crying! 🙂 I’ve been learning a lot about our Lord’s promises to care for His children; when my hours got scaled back at work (I got two days of work last week), He has never been at a loss to provide. The world worries over what it will eat, what it will drink, what it will wear for clothing. They eagerly seek these things, but my Father in heaven knows I need all these things. But if I seek first His kingdom and His righteousness, and all these things — all these very legitimate needs — will be added to me.

    And the Lord gave me five days of work this week. 🙂

  10. #10 Rob
    on Jul 8th, 2009 at 10:01 am

    @Dave – That’s a good one by Leno. Thanks for sharing.

    @Heather – I’m happy to hear that you were able to laugh at this post. Someone wrote to say that, with the current level of unemployment, some might not find the post humorous. Ironically, an e-mail arriving at exactly the same time said, “I like this one!” I have always found it therapeutic to laugh at least a little at difficult things you cannot change. A good sense of humor can carry us through a lot of the difficulties of this life. Even better is a quiet confidence in the Lord, as expressed by your comment. My son-in-law’s position as an assistant manager is not secure at all. Yet as a believer, he is much more calm than his manager who doesn’t know the Lord. Thanks for a testimony to God’s grace and provision in hard times!

  11. #11 Rebecca
    on Jul 17th, 2009 at 1:50 am

    Thanks for the humor! The Motel 6 one reminded me of something that happened in my family a few months ago. It was getting late as we returned from my sister’s college graduation a few states away. We weren’t planning on spending the night on the road, but my husband and I knew we were too bushed to travel on home safely with our 3 children. We stopped at a Motel 6, but since money has been very tight lately, we realized we didn’t have enough to stay there. I started crying, but our 4-year-old piped up, “That’s okay, Mommy. If we can’t stay at motel number 6, then we can stay at motel number 3.” (Believing such a motel would be less expensive.) We all started laughing and continued on. We were able to spend the night in what our children called “motel number 8” on down the road. 🙂

    I’m learning more about trusting my God each day.

  12. #12 Rob
    on Jul 17th, 2009 at 9:24 am

    @Rebecca – That’s a great story! Thank you for sharing it. I’m wondering … if Motel 3 would be less expensive, where did you come up with the money for Motel 8? 😉