Are We Heading Into a Double Dip Recession?
Are we in Southwest Florida heading into a "Double Dip Recession" ? If you are an avid reader of this blog, and I know there are many of you because of the feedback I receive, you know that I believe we are no where close to the end of this recession/depression. I honestly do not believe that we are being given all of the information that we need to have a proper debate on the economy.
Maybe our elected officials are sparing us more bad news??? I don' t know. But, on the other hand, when you call the U.S. a democracy, and the definition of the words means: Rule By The People. I begin to get concerned when the people are mis-informed and ill-informed.
So what does this all mean? Well, it means that tough times are still ahead for South West Florida. There is no doubt about that. The questions floating around in my head are: When is our Leadership going to wake up and realize that you cannot spend this Country's way into prosperity. When is our State Leadership going to step up to the plate and look at Florida's Housing and Job problems. I don't care how bad the housing problem is down here. People who are unemployed cannot purchase houses.
So, we have a rather cyclical argument. The World economy is in turmoil, which clearly has a direct impact on the United States economy, which clearly has a direct impact on the local economy. However, until the jobs problem is fixed, our housing issues (which are huge) and market will keep limping along. Great.
When I first moved to South West Florida, I used to wake up and say: Ah, another day in Paradise. Now, my attitude has changed slightly. I wake up and say: How is Corporate America and the U.S. Government going to shaft the citizens of Southwest Florida today.
I still believe that America is the Greatest Country in the World, and I have not lost my faith in the people. I believe that I have lost my faith in our Government, and the way things get done or don't get done. That is a shame. What would our founding fathers think if they could see how we have totally distorted their vision? I'm sure they wouldn't be happy.
The Fourth of July celebrates our Independence, and I am going to do exactly that once I get out of the office today. I am going to have a great weekend with my family, and I am going to remind them of all the things this Country stands for. Hopefully, they will feel the way that I do, that this Country still has a chance of coming out of this economic disaster with a new attitude. Hopefully. When you see examples of the people coming together in Nashville after the floods, you know that being American runs in our veins. It's in our DNA. Let's see if we can find that place in all of us, and get back to our Roots.
This post was submitted by Carmen Dellutri, Esq., founder of The Dellutri Law Group, P.A. Currently, the firm has offices in Port Charlotte, Fort Myers, Naples and Sarasota. Mr. Dellutri also sits on the Board of American Board of Certification. Mr. Dellutri is also one of the founders of the Bankruptcy Law Network, Debt Law Network, Credit Law Network, and Mortgage Law Network. Mr. Dellutri also writes for the firm's personal injury litigation blog, www.faircreditreportingactblog.com and www.fairdebtcollectionpracticesactblog.com, and the firm's mortgage modification blog.
