{"id":1735,"date":"2008-09-19T15:40:36","date_gmt":"2008-09-19T20:40:36","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/2008\/09\/psychological-recession\/"},"modified":"2008-09-19T15:36:51","modified_gmt":"2008-09-19T20:36:51","slug":"psychological-recession","status":"publish","type":"post","link":"http:\/\/selectmetrix.com\/blogs\/2008\/09\/psychological-recession\/","title":{"rendered":"Psychological Recession"},"content":{"rendered":"<p>I&#8217;m not one to head into a weekend with a downer of a post, but <a target=\"_blank\" href=\"http:\/\/money.cnn.com\/2008\/09\/17\/news\/economy\/colvin_recession.fortune\/index.htm\">this article from CNNMoney.com<\/a> is fascinating.\u00a0 The author is explaining how the US economy is not in a recession.\u00a0 The twists begin early with this stat:<\/p>\n<blockquote><p>After all, most of the CFOs questioned in a recent poll agree that the U.S. is in a recession; among the general public, 76% said the U.S. was in a recession six months ago, and other polling suggests most people believe things have grown worse since then.<\/p><\/blockquote>\n<p>I have seen this belief firsthand which always catches me off-guard.\u00a0 I have even heard people talking of another depression.\u00a0 I suppose it could be possible, but this strikes me as hyperbole.<\/p>\n<p>But there is an answer:<\/p>\n<blockquote><p>A more profound reason that people believe we are in a recession can&#8217;t be found in the GDP tables at all. It&#8217;s in their minds, what psychologist and author Judith M. Bardwick calls the psychological recession &#8211; &#8220;an emotional state in which people feel extremely vulnerable and afraid for their futures.&#8221;<\/p><\/blockquote>\n<p>Read the entire thing &#8211; it may cheer you up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m not one to head into a weekend with a downer of a post, but this article from CNNMoney.com is fascinating.\u00a0 The author is explaining how the US economy is not in a recession.\u00a0 The twists begin early with this stat: After all, most of the CFOs questioned in a recent poll agree that the U.S. is in a recession; among the general public, 76% said the U.S. was in a recession six months ago, and other polling suggests most people believe things have grown worse since then. I have seen this belief firsthand which always catches me off-guard.\u00a0 I have even heard people talking of another depression.\u00a0 I suppose&hellip; <a class=\"read-more\" href=\"http:\/\/selectmetrix.com\/blogs\/2008\/09\/psychological-recession\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5,24],"tags":[1010,1008,1009],"class_list":["post-1735","post","type-post","status-publish","format-standard","hentry","category-trends","category-worklife-balance","tag-economic-recession","tag-pyschological-recession","tag-recession-fear"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-rZ","jetpack-related-posts":[{"id":1389,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/01\/bright-spots-in-a-bad-economy\/","url_meta":{"origin":1735,"position":0},"title":"Bright Spots In A Bad Economy","author":"Derrick Moe","date":"January 24, 2008","format":false,"excerpt":"Yahoo HotJobs has a story out today titled Recession-Proof Jobs in 2008.\u00a0 First, I love this old media trick: Economists at Merrill Lynch and Morgan Stanley say the U.S. is heading for its first-blown recession in 16 years, and a recent CNN poll found that 57 percent of the public\u2026","rel":"","context":"In &quot;Trends&quot;","block_context":{"text":"Trends","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/trends\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1933,"url":"http:\/\/selectmetrix.com\/blogs\/2009\/03\/the-recession-dictionary\/","url_meta":{"origin":1735,"position":1},"title":"The Recession Dictionary","author":"Derrick Moe","date":"March 9, 2009","format":false,"excerpt":"This current economy is giving life to a handful of new words tied to the recession according to this abcnews.com story.\u00a0 Some of the words are making it into the online site of the major dictionaries.\u00a0 Thankfully they are not putting the words into the printed version\u2026yet.\u00a0 Does anyone still\u2026","rel":"","context":"In &quot;Communication&quot;","block_context":{"text":"Communication","link":"http:\/\/selectmetrix.com\/blogs\/category\/communication\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1414,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/02\/whats-hot-in-a-recession\/","url_meta":{"origin":1735,"position":2},"title":"What&#8217;s Hot In A Recession","author":"Derrick Moe","date":"February 11, 2008","format":false,"excerpt":"More stories are appearing that address \"recession-proof jobs\" in response to our slowing economy.\u00a0 Timely titles for sure, but one position is always recession-proof and that is sales; specifically successful sales. Case in point, Job Hunting in a Recession from The Wall Street Journal: Target critical posts. \"The safest jobs\u2026","rel":"","context":"In &quot;Hiring Salespeople&quot;","block_context":{"text":"Hiring Salespeople","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/hiring-salespeople\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1760,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/10\/recession-thriving-industries\/","url_meta":{"origin":1735,"position":3},"title":"Recession-Thriving Industries","author":"Derrick Moe","date":"October 22, 2008","format":false,"excerpt":"Ok, that title probably caught your eye.\u00a0 This information is from the JustSell.com daily email: Some of the sales news is good news. According to the Bureau of Labor Statistics, the following industries actually thrive during recessions: rental real estate discount retailers DIY industry for hardware, supplies education and training\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1474,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/03\/benefits-of-a-recession\/","url_meta":{"origin":1735,"position":4},"title":"Benefits Of A Recession","author":"Derrick Moe","date":"March 18, 2008","format":false,"excerpt":"BusinessWeek.com offers up a provocative article about the slowing economy - The Upside of Recession.\u00a0\u00a0 Interesting opening: Pop quiz, hot shot: What do MTV, Trader Joe's, and the iPod have in common? Yes, of course, they're all now ubiquitous and make our lives much more agreeable. But to us, the\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"http:\/\/selectmetrix.com\/blogs\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2453,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/10\/a-great-headline\/","url_meta":{"origin":1735,"position":5},"title":"A Great Headline","author":"Derrick Moe","date":"October 26, 2010","format":false,"excerpt":"From Forbes.com: How To Handle Post-Recession Job Stress Post-Recession?\u00a0 I think most people are still dealing with Recession Job Stress.\u00a0 It gets worse: The worst of the waves of layoffs may be over, but countless American workers who still have their jobs are unhappy at them, overloaded with increased responsibilities,\u2026","rel":"","context":"In &quot;Anecdotes&quot;","block_context":{"text":"Anecdotes","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/anecdotes\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=1735"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1735\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=1735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=1735"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=1735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. 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