Recession in My Life and Some Notes

We have heard from President-elect Barack Obama and others that we are in the greatest economic crisis since the Great Depression. A lot of people have found that hard to believe since we have been told by our grandparents and read in history books of the long soup-lines, food shortages, homelessness and genuine misery of that era. If you grew up in my family you would have heard of how the New Deal brought in by FDR saved the family from starvation and the works program was a blessing from on High.

Today we know that the economy is slowing and there is problems; but people are still dining out, children are still being spoiled rotten never hearing the word no ( and maybe now, thank God, these brats will hear it and somebody puts their foot down), the clubs are still full, and most people are still working. Many people are hurting don’t get my wrong; but this recession may be hard for many to see.

I am not one of those people having a hard time seeing this recession and its affect on the economy. I am back in St. Louis driving my cab and Fall business has been down about 50% from previous years. We have a good day here and there and can eek by; but most days business is very slow.

The reasons for this are numerous. In the day time the business is mostly taking working-class and poor people shopping, to work, and to medical appointments. These people have always been on tight budgets and now they are having to make every penny count and this often means taking public transportation instead of a cab, getting a ride, or just cutting out on trips.

Business in the day taking business travelers to offices and to and from the airport is also way down and this is because businesses are tightening the belt and cutting down on business travel and doing more conference calls and emailing in between downsizing.

Voucher accounts in the day time are also down as hospitals, charities, and businesses who utilize taxi service have to restrict the amount of vouchers they give out due to budget shortfalls.

The night business is down because the young people who fuel that business going clubbing and doing whatever it is that they do are victims of the credit crunch. For years they have went clubbing, bar-hopping, frolicking, and out to eat (not knowing how to cook for themselves). Now they can no longer afford that lifestyle; because they never really could, they just charged everything. While I may suffer from this maybe it will be good in the long run as cities across America will no longer have to see entire swaths of town being gobbled up by areas for young people to get drunk and meet fornication partners at. Most cities have way too many such establishments and most bring nothing but trouble so this aspect of the credit crunch may be a blessing in disguise.

As for me I will survive. When the money gets tight a cabbie has to do two things; develop side hustles in other businesses and when in the cab be on a mission. Being on a mission means driving long hours, making smart moves, knowing what is going on in town, and being ruthless towards the competition.

Before too long this bad economy will be in all of our lives and we will all have to deal with it in our own ways. And, despite what you may think, the decisions being made in Washington as to how to revive the economy will make an impact, good or bad.

Notes

P.S….Roy Jones needs to retire after taking that beating from Joe Calzaghe although I think a prime Roy would have won……a friend of mine teaches at an all-black school in DC and said the kids never say the pledge in the morning, but on Wednesday they all stood and said it cheerfully…anyone going to MANA?

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4 thoughts on “Recession in My Life and Some Notes

  1. As-Salaamu ‘alaikum,

    I’m an agency truck driver and there has been no work for the past two weeks (and only scant work since the end of Ramadan). Part of this is due to the fact that one of the biggest construction projects in London in recent years – the Westfield shopping mall – has opened and therefore needs no more of the electrical cable I used to deliver, but partly because the property market has crashed (after being on speed for the past decade), which means most people don’t need the tiles and timber either. I have been looking for ways out of the business for years, but “doing the knowledge” (i.e. becoming a London black cab driver) isn’t something I consider an option. I have booked an interview with a driving instructor training school for the coming week, which supposedly offers £600 per week if you work flat out. I have a big and relatively prosperous family so I am not desperately worried, rather I’m using it as an opportunity to get out of a dead-end and insecure line of work I’ve been in.

  2. As-salaamu-alaikum,

    May Allah reward all hard working family men and women out there today. In these times we have to be very keen on the trends in the market place. We can actually opt out of the recession if we want to . Its just a matter of having a serious mindset of sewing a different seed now so we can have a new harvest later, and positioning ourselves to build our own dreams and visions instead of being subjects to someone elses.
    I personaly seven years ago was blessed to be layed off which forced to find an opportunity that would allow me to work full time on my job and part time on my fortune. I became a Pre-paid Legal associate and with the help of successful muslim mentors build a business that spans from coast to coast, allowing me to help thousands of people to make an extra $500-1000 a month and beyond part time and a lifestyle that allows me not to have to worry about finances and be there for my friends and family whenever they need me.. If you are open to taking a look at a company that has just been listed by Forbes as one of the 200 best small companies in America for the 8th straight year, and leading the revolution in how legal services and identity protection is delivered call me @ 510-355-6359 or visit my web site @ http://www.prepaidlegal/hub/awishnoff. Much success to all, its time to be free and beneficial!

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