Ready to Draw Back? 'Recession has its blessings' says Harry Eyres

by leconcierge | August 23, 2008 at 09:14 am
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While acknowledging the negative effects of a recession on many lives, Harry Eyres in Yes, recession has its blessings (FT, August 23) notes that "the word “recession” implies drawing back, rather than proceeding ever onwards and upwards. Now we have a chance not just to stay put but to appreciate being where we are".

I agree with him that by racing through the days, we forgot the art of walking.
On my recent Wednesday visit to the Museum of the City of New York, I walked from the subway stop at 110 Street onto Malcolm X Boulevard, crossed Duke Ellington Circle and walked my way up to the museum along the northern tip of Central Park.
Even though we were in the big Apple, the pace of the afternoon felt much slower...


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René

Don't you get it? Recession makes your dollars worth more, not less. Inflation does just the opposite.

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