Fresh Loaf

Whereas, things worth remembering need names. Children, pets, generations, boats. If we didn’t name them, then we might forget ‘em.

Whereas, when this current recession — or “current economic crisis” — ends, we better have some way of distinguishing it from the other occasional economic dips this country’s seen.

Whereas, I, Thomas Wheatley, who as an employee of Creative Loafing enjoy a wide variety of useless trinkets in my vicinity, have the desire to award the commenter who provides the best name for the “current economic crisis” with a scribbled-on Sany Group hat snatched from an “economic development” announcement. Or a National Rife Association bumper sticker currently plastered on my cubicle wall. (Or maybe tickets to something? I don’t know, I can’t promise anything. I’ll have to check with our marketing department.)

Therefore, let it be resolved that I am sick and tired of referring to the “current economic crisis” as such, and would like to know what to call this damn catastrophe in which the country finds itself.

Please leave your suggestions in the comments. You can also e-mail me. Be sure to let me know how I can get back in touch with you.

(Many more silly boat photos at Media-Post)

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What do people mean when they say the nation is experiencing its worst economic downturn since the Great Depression?

Georgia’s unemployment rate just hit 8.1 percent, a 26-year high.

26-years ago, the country had barely begun to climb out of what was, at that point, the deepest recession since the Great Depression.

The job market in Georgia today is already as weak as it was during the early 1980s recession. But the current recession hasn’t bottomed-out yet. Unemployment is projected to rise until 2010.

If its a worse recession than we had from 1981-83, it’s the worst since the Great Depression.

Brother, can you spare $1.36*?

(*A 1931 dime, adjusted to its 2007 value via the Consumer Price Index)

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