Picking up the thread.....

Quite a bit has transpired since my last post. In a historic election, America elected its first black President. The economy has been wrecked by an earthquake of volcanic propotions. And in his first few months of office, the new President has had to make many momentous decisions that will decide not only the fate of his Presidency, but also that of the economy. In short, much water has flown under the bridge. 

There is not much consensus among economists as to the right course of action. You have economists on the right calling for tax cuts as opposed to government spending to boost the economy. And you have an equal number on the left calling for government action to avert a full blown depression. When economists can't agree on the right solution, then it is fair to say no one really knows how this is all going to turn out in the end. 

It is not uncommon these days to begin and end every conversation discussing the state of the economy and the adverse impact it has had on jobs and even the technology sector that I am a part of. This is a bad time to be out of a job and everybody is trying to cling on to the ones they have. BusinessWeek has an article of how slackers everywhere are suddenly working harder than never before.

One thing for sure is that this is going to get worse before it gets better.