December 07, 2010 12:09:07 PM
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Meredith

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What Recession?

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It's Complicated

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My New Normal

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I am somewhat embarrassed to admit that I cannot relate to most of our nation's economic woes. The worst thing that happened to me financially over the past three years was a slight dip in some investments held in my name, which have since essentially recovered any prior-year losses. My parents have graciously increased my allowance (yes, I still get discretionary spending money from the family), and I have a great job (financial services industry) right out of grad school. It's like there never was a recession. I am submitting this statement at the risk of sounding like a terrible person because I think it highlights the awful truth that this recession has hit hardest those who could least afford to handle it. Not an original point, but an important one, especially in light of the recent decision to extend tax cuts to the wealthiest few (though I'm not sure this is necessarily a problem nor that the expiration of said cuts would be a solution). I wish I knew the answer to this question: how can we fairly close the gap? I'm looking forward to contributing my own time and money to solving this problem.
Sincerely,
Meredith

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Pelham, New York