According to several recent news reports, the recession the American economy has been wallowing in for the past several quarters is over. Estimates of the annual growth rate for the US economy during the third quarter of 2009 are about 3.5 percent. Credit is being given to various government stimulus measures, such as Cash for Clunkers, tax credits for home buyers, and Audacious HopeTM.
In other news, during a recent Church meeting I attended, we were informed that the past month has been the single biggest drain on fast offering donations on record for the Stake.1 Additionally, every Ward Council meeting I’ve been in for the past several months has had unemployment or other financial struggles as a major agenda item. So, a couple of questions.
1. Even if the recession is, statistically speaking, over, how are things looking for you or in your ward?
2. What form of counter-cyclical policies has your ward (or neighborhood!) been implementing during the recession? What successes have you seen? What could be done better?
The time is now yours to share your feelings on this subject.
1. I don’t really know whether it was “for all time” or not. The idea conveyed to us was just that it was a distribution of historic proportion for our Stake.