More Bad news

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JenMac 2yrs+
What the hell is happening? There was no reason for this at all.. . . not that there ever is.
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hhusted 2yrs+
This city has become too much of a pressure cooker. Please are starting to explode.
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uptowngirl 2yrs+
@Everyone I also think the recession has a lot to do with it... life in this city is getting tougher.
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NeverSleeps 2yrs+
I don't know - this doesn't seem like such an ordeal. They say that last year the city hit the record low for murders since they began keeping track in 1962. So if that number goes up, it looks like things are increasing when maybe last year was just a freakishly quiet murder year. Murders are still way down and this city is still a relatively safe one compared to many others.
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hhusted 2yrs+
@Uptowngirl: Any time you put people in a horrible situation, coupled with low or no income, you have a bad situation. And people are reacting to it.
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uptowngirl 2yrs+
@NeverSleeps You are right, but the news out of NYC is not very good is it? everyone seems to be talking about a double dip..
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JenMac 2yrs+
@neversleeps: I think that would be a great album title: Freakishly quiet murder year. If only I were in a band.
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NYC is a safe place, I think - or would like to this. The media has a habit of sensationalizing news - as horrible as this is, it is a relatively isolated event. And considering how huge this city is, its relatively low crime levels are quite impressive...
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NeverSleeps 2yrs+
@JenMac Ha! My friends and I are always coming up with awesome band names, as well. Too bad I can't play any instrument at all.

@ajadedidealist I agree.
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Uraniumfish 2yrs+
I don't know what the city statistics are like, but it seems in the past month I've heard of a number of people getting new jobs. Maybe it's just my friends, but not everybody seems to be in such a terrible situation economically.
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BroadwayBK 2yrs+
I've actually had a lot of friends get jobs lately, too.... Maybe the recession is easing up?
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Uraniumfish 2yrs+
In the case of one friend, she used to work in finance but suddenly now has a creative job. It just seems some things are shifting, one industry shrinking while another grows.
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uptowngirl 2yrs+
@BroadwayBK and Uraniumfish that's good to hear for the news networks only talk about the doom and the gloom and little else.
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uptowngirl 2yrs+
@Uraniumfish You maybe right Crain's Business reckons Wall Street is shrinking

http://mycrains.crainsnewyork.com/in_the_markets/2010/09/get-ready-new-york-for-a-really-really-small-wall-street.php
While a noodle factory in Brooklyn is raking in the moolah so as to speak, when the going gets tough everyone eats ramen apparently
http://www.crainsnewyork.com/article/20100908/SMALLBIZ/100909896
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Uraniumfish 2yrs+
@uptowngirl Yeah, arts jobs of all kinds are also booming, apparently people want their entertainment so as not to think about their woes...
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Haha, @uptowngirl! Ramen is certainly the impoverished-student's dining option of choice. Can't say I'm a huge fan, ut desperate times - guys!
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uptowngirl 2yrs+
@Uraniumfish That's good to know,I guess any kind of employment is needed to pull the economy out of the rut that it is in.
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Uraniumfish 2yrs+
@uptowngirl Seems like flexibility is important. My friend is obviously talented enough to land a creative job, though there are lots of people in finance who don't have that kind of range and can only work in finance.
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hhusted 2yrs+
The news always like to talk about the bad stuff. They rarely talk about anything good, although there are occasions when they will speak about something good. The job market is picking up. I get leads everyday and noticed more writing jobs are coming in more now than ever before.
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uptowngirl 2yrs+
@Everyone Its high time that the Economy turned around .. seriously I am sick of feeling like a pauper on my travels to Asia where the economies are booming and everyone seems affluent.
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NeverSleeps 2yrs+
@uptowngirl I actually really enjoy the occasional bowl of ramen. It's not something you want to dine exclusively on, though - it's not exactly filling and doesn't meet all of the dietary needs...

@everyone Isn't the news saying that the recession is over? I occasionally hear comments leaning in that direction.
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Uraniumfish 2yrs+
@NeverSleeps Yes, apparently the recession is Officially Over. I think I saw an article just today about it but can't seem to find it now. Not an expert on these things, but I don't see the real estate market getting back to its usual hijinx just yet.
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uptowngirl 2yrs+
@Uraniumfish I just did a check on the real estate site trulia.com and sale prices are slowly inching up but they are no way near their 2007 highs. You have to see the ridiculous prices in Hong Kong though, a million US would buy you a small cubby hole here. Its shocking to see how affluent this city is.
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uptowngirl 2yrs+
@Everyone I know many people are proclaiming that the recession is officially over but a recent article in the New York Times states things are really bad especially for older workers who haven't yet hit the Social security age but have lost their jobs and don't have any hope of finding one. Does life in NYC or in the US for that matter end at 50?
http://www.nytimes.com/2010/09/20/business/economy/20older.html?src=busln
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My mom is in her late fifties and having loads of a hard time finding another job - people can be extraordinarily age-ist, especially in a youth-obsessed culture like New York City's.
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BroadwayBK 2yrs+
I saw something that declared the recession officially over...last summer!!!! http://abcnews.go.com/Business/wireStory?id=11681510
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uptowngirl 2yrs+
@ajadedidealist You think people in finance would have learned their lesson, most of this mess was caused by brash, young bankers who were willing to take any amount of risk to make money. Its pathetic that experience, maturity and other such qualities are not valued here as they are in other countries around the world. What are people in their 50's supposed to do? shrivel up and die? or they are expected to have made millions so that they can retire at that age? its just ridiculous this obsession with youth
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Uraniumfish 2yrs+
Yeah, sad as it is, it's a lot easier to bounce back and be flexible enough to change careers when you're young.
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uptowngirl 2yrs+
@Everyone was watching CNBC last night and Warren Buffet came on to say that we are still in a recession and will be here for quite a while. Most depressing when you hear the supreme investment guru talk so.
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Uraniumfish 2yrs+
@uptowngirl yeah, why am I not surprised. My own reporting of the Recession is Over news was intended as ironic. I don't think things are bleak for people who are flexible and highly skilled, but there's a huge segment of jobs that have disappeared and not that many new jobs being created. It seems to amount to an expected unemployment rate for quite a while. So the picture of the good ole American work ethic starts to crumble when the number of jobs and the number of workers simply doesn't add up. That's also why I'm in favor of a welfare system: if a country can't provide 100% jobs for all people, then it certainly needs to make sure that the people at the lowest rung are at least fed.
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NeverSleeps 2yrs+
It doesn't seem like the recession is over - I'm not seeing any shocking changes or even very many small ones. When Gourmet magazine comes back on racks, then the recession is over. I just hate that the GOP is taking advantage of the sour economic times to blame the Democrats. Um, hello, how'd we get into this mess again?
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Uraniumfish 2yrs+
Every President gets blamed for the lousy economic policies of his forbears. That's somehow a staple of American politics. It works in the opposite scenario too: during boom times it's the sitting president who gets credit even though he wasn't the one who had anything to do with instituting good policies. American voters have this weird amnesia that makes them incapable of understanding this simple long-term/ short-term logic.
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NeverSleeps 2yrs+
Oh well. It all started on Wall Street anyway. But, oh, let's give those guys some more money that they can whine all the way to the bank with.
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uptowngirl 2yrs+
I have been following a particular debate on the NY times which refers to unhappiness of the rich in the US over the expiring of the Bush tax cuts. Really makes for interesting reading , there is so much anger amongst the people nowadays here in the US and really we have made such as mess of the economy ..we only have to look towards the North to see how the Canadians do it- they have great public schools ,good health care and pay almost the same amount of taxes as we do.
http://community.nytimes.com/comments/www.nytimes.com/2010/09/20/opinion/20krugman.html
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Which goes to show, @uptowngirl - it's not "socialism" (which is not a dirty word!) but "good planning." A sensible budget is the key - not extremism in any direction!
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uptowngirl 2yrs+
@Everyone here's another analysis on how the recession has affected New Yorkers.
http://www.dnainfo.com/20101006/manhattan/new-yorkers-wallets-shrink-for-first-time-70-years-report
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Uraniumfish 2yrs+
Weird. Yet another friend of mine has a new, swank job. And last night, rather randomly, I was offered a job from an acquaintance. Not the highest paid ever, but respectable. I see a lot of economic effects of the recession around me, and yet there are these odd events that seem to go against the evidence. Don't know what to make of it.
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Congratulations, @uraniumfish! What kind of job is it? Are you planning to take it? I wonder if the recession is actually helping freelancers. I only started working full-time about eighteen-months ago as a freelancer, so I can't really say, but certainly it's been more straightfoward than I imagined; perhaps because so many people aren't hiring in-house writers?
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Uraniumfish 2yrs+
@ajadeidealist This would be a full time gig, so I'm hesitant. If the money were better I might jump at the chance, but it's only a "meh" salary. He said he could wait a month or two to hire someone so I may keep it in mind if things get tight.
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