Friday, March 27, 2009

thur march 26th: Progress

Progress
noun

-developmental activity in science, technology, etc., esp. with reference to the
commercial
opportunities created thereby or to the promotion of the material
well-being of the public
through the goods, techniques, or facilities created.

-advancement in general.

-growth or development; continuous improvement: He shows progress in his muscular coordination.

Could the recession be having progressive impact on the american lifestyle? Several social critics & trend forecasters say yes. Information gathered from several articles suggest the following

1. We're slowing down.
"Nightlife and the restaurant business have slowed down considerably, which is rough on everyone in the industry, but makes city life quieter. " (www.savvysugar.com)

2. Increased FDIC insurance
"Recent legislation increased the limit of FDIC insurance on all of our bank accounts from $100,000 to a pretty snazzy $250,000." (www.kirbyonfinance.com)

3. Reusing, recycling, making it last"Tony Framlkin, Anderson ford's general managing partner says...'Right now, people are more likely to repair a belt or something minor right away rather than wait because they plan on trading it in' " (cars are just one example: www.stjoenews.net )

I'd be interested to hear of other upsides you're seeing in your own lives....


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