Discussion Thread: Recession Realities

In comments, Shaker CassieC writes:

I was wondering if there could be a thread for shakers to share what this recession/depression/catastrophe is doing to them and their friends and loved ones. ... I've just been reading people's accounts here and there, on various threads, and I know how strong the pressure is not to tell these stories of personal difficulties in the US, because of our society's f-ed up code of personal success/failure, which makes it so difficult for the personal to be seen as a collective, legitimate phenomenon.

Here it is.

Commenting Guidelines: Commenters are strictly prohibited from criticizing each other, auditing other commenters' choices, questioning other commenters' circumstances, or offering advice, unless it is explicitly solicited. You are being invited to talk about your own experiences, not stand in judgment of anyone else's.

Must-Read: "BMW Layoffs Exemplify the Evisceration of the Middle Class"

BMW layoffs exemplify the evisceration of the middle class:

Every working American should be dismayed by — and afraid of — what BMW is doing.

These employees exemplified the best qualities of the American worker. They devoted their working lives to BMW, at a time when it was building and solidifying its U.S. beachhead. Their wages, with benefits, paid for a reasonable middle-class lifestyle if they managed it carefully. Throw in the job security they were encouraged to expect, and they had the confidence to make sacrifices and investments that contributed to the economy for the long term, like college education for the kids, an addition on the house, a new baby. Then one day they were handed a mass pink slip, effective in a matter of weeks.

The Corporation rules all. Just go read the whole thing.