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Moneyguy1 Moneyguy1 is offline
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Join Date: Sep 2001
Location: Tucson AZ USA
Posts: 8,228
Yeah..got one in mechanical engineering too...

That and a buck just might get me a cup of coffee.....

But, I would do it all over again....

The combo did allow me to semi-retire with some dignity.

It was interesting, though. Got the engineering degree, went into aerospace, got dumped out of projects three times in two years, rehired, no security. Went back to night school, looked around, went to work for local govt and ran a pt real estate business. Got to the point where I would take a bit of security over the glory of rocket building...

How does this fit into the thread subject? Although a long time ago to many of you guys, it was during the same kind of international unrest and division as today. Employment differed from area to area, some areas were in good shape, my old home town of Rochester NY was beginning a long downward spiral with companies large and small either failing or moving away. Pfaudlers, Graflex, Stromberg Carlson, Wollensak, and the machine shops/small business that supplied them. I see it again, and it depends on where you are located and what you are involved in whether or not you see the economy as growing, stagnant, or even in decline. Most of us tend to be regional in our thinking.

In order to survive, I had to relocate.

Additionally, the current economic news is not good for future planning. Personal savings/investment has fallen to 2.2%, the lowest I can ever remember, and personal debt is at or near an all time high. Many folks figure, with interest rates still low, it is a good time to hock the family jewels, so things are bought on time. Many work from payday to payday, hoping that nuthin bad happens.


Some interesting definitions:

Recession: When your neighbor is out of work

Depression: When you are out of work
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Bob S. former owner of a 1984 silver 944
Old 06-29-2004, 01:13 PM
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