15 Good Things About The Bad Economy We're In

 

There is no denying that the economy is in a bad place and that we’re not quite sure when things are going to get better. This has created suffering of various degrees for many people across the United States. It is not a pretty picture. But there are two sides to every coin and it’s good to remember that not everything about this downward economic shift is bad.

 

Here is a look at fifteen things we could consider to be the “silver lining” of the bad economic cloud that’s been hanging over us:

 

1.      People are coming together to help one another out. One of the most profound things that has already begun to occur as a result of the change in the economy is that people are more concerned about the others in their community. When we aren’t wasting our energy trying to get more stuff and keep up with the Joneses, we start to realize that the Joneses are just people just like us and we begin to be kinder to them.

2.      Priorities are shifting. Individual, corporate and global priorities seem to be shifting a little bit as we adjust to the idea that money is important and necessary but it’s not the be-all-and-end-all of happiness.

3.      The environment is improving. People are naturally making changes to reduce their spending that result in positive effects on the environment. For example, putting on a sweater instead of turning on the heater saves you money and also saves the earth.

4.      Everyone is looking at jobs a little bit differently. For some people, this has been the perfect time to start looking for a job that they can be truly passionate about because there’s just no guarantee that they’re going to be able to keep the job that they don’t really like but which pays the bills. For other people, there has become a greater appreciation for just having a job, even one they complained a lot about in the past. These changing relationships that we have with our work may be difficult to go through but they are ultimately positive changes.

5.      Many people are stopping to smell the roses. We are noticing the small things in life again as a way of dealing with these big changes. And really, it’s the small things that matter.

6.      We are taking care of ourselves. As the economy has suffered, each of us has tried individually and collectively to find a way to make ourselves feel stable and okay and better. This means that we are taking better care of ourselves than before these changes occurred.

7.      People are equalized a little bit. People are certainly being impacted to different degrees by the economy’s change but most of us feel like we’re all kind of in the same boat. We are all losing something here; we are all feeling a little bit nervous and unsure. This helps to iron out the differences that exist between us and bonds us through our shared plight.

8.      Local businesses and organizations are benefiting. Yes, there are definitely some losses at the local level. However, there have also been some gains. People are sticking closer to home and this means that some local businesses and organizations are strengthened as a result of the economic downturn.

9.      We are becoming more creative. When you have a lot of money, you can do things habitually. When you don’t have a lot of money, you have to get creative about doing the things that you want to be doing. More creativity among people is always a good thing as far as I’m concerned.

10.  We are learning to make choices. We are asking ourselves what we really want to spend our money on. This is teaching us to make really basic choices about what matters to us on a daily basis. This increased ability to make better choices ultimately means that we are learning how to choose the kind of life we really want instead of accepting the one that has been handed to us in the past.

11.  We are relaxing more. Believe it or not, many people are relaxing more than they did in the past. For some, this is because the sheer stress of the situation has forced them to figure out ways to de-stress. For others, it is because they can’t afford to spend money on constant entertainment the way that they did in the past. Whatever the reason, people now are taking more walks, going to yoga classes and hanging out at board game nights with their friends.

12.  There is less waste. We are wasting less money. We are wasting less food. We are finding new uses for old things instead of just throwing them away. We are even wasting less time. We may have less but this also means that we waste less and that’s generally a positive thing.

13.  We are more grateful than in the past. People who stop to think of the things that they are thankful for each day are people who tend to be happier in their lives. More and more people are starting to do this because it has become increasingly important to us to count our blessings even as we acknowledge that we are going through a tough time filled with various types of loss.

14.  Everyone is doing a better job at the work that they do. People who are afraid of losing their jobs are going to make sure that they go above and beyond to do what needs to be done to stand out in their companies. This means that people are really giving their all which is something that we ought to feel good about doing when it comes to the jobs that we have chosen.

15.  We are recognizing our own strength. Going through any period of loss causes us each to deal with situations that we may feel like we aren’t capable of getting through. When we get through these things, we feel stronger than we did before and we recognize our own ability to take care of ourselves and our loved ones in a way we didn’t know we could before. The loss of economic stability is creating this on a big scale.

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Comments 30 comments

wwolfs 4 years ago

This is a great hub. Many times you will find good things that come from a bad situation if you really open your eyes and look. The list could be endless.

I believe that our great nation needed this too. The economy will grow stronger and will rebuild again.


chinemeremz profile image

chinemeremz 6 years ago

You are quite thoughtful you know. Being this observant on the psychological state of people's attitude towards this global recession is some thing of note. Though it is not really an American thing, as we on the other side of the globe are feeling it too. Nice article


Phone Excitement profile image

Phone Excitement 6 years ago

I really enjoyed your hub! Falls inline with some of the secrets to living. Life is short so you have to appreciate what you have.


KenWu profile image

KenWu 6 years ago from Malaysia

That's a great list of 15 things that we should look at now. It only becomes better if we look at it positively and the above are great start!


scheng1 6 years ago

I think you can also say that people are getting healthier. Without a permanent job, most people do not want to get sick.


Cassidella profile image

Cassidella 6 years ago

Hi Kathryn, I love it when anyone puts a positive spin on things that are otherwise negative. This hub is a pick-me-up and just makes you feel better!


Dunn Eggink profile image

Dunn Eggink 7 years ago from Kingston, New York

Brilliant. You really picked out some good points. I'm definitely seeing this economic earthquake as the beginning of a shift in lifestyles and values. Friends and neighbors will take on a whole new meaning. Necessity is giving birth to inventions of ways to appreciate what we do have.


Toronto12 profile image

Toronto12 7 years ago from Toronto

Recessions are a regular part of the business cycle, and they cleanse the market of marginal producers, and leave the companies that deserve to be operated stronger in the end.


JennifersJumpers profile image

JennifersJumpers 7 years ago

Nice hub. I went to Wal-Mart the other day looking for a game of checker so I could teach my nephew how to play. They are sold out! I guess families are spending more time together.


Ashley Joy profile image

Ashley Joy 7 years ago

Nice positive hub on where we are right now. What I see is more families actually spending time together; having game night, preparing their own meals, and coming together to be stronger families.


AshleyVictoria profile image

AshleyVictoria 7 years ago from Los Angeles

Priorities are shifting indeed - the idea of family is returning since families have the time to spend together, and it's a beautiful thing! My wish is that when the economy is back in full swing, everyone remembers how they feel now and doesn't revert back to their old ways of greed and little family time.


danjutsu profile image

danjutsu 7 years ago from UK

All very true. When times are hard we do indeed count our blessings. If it gets any worse, peace may actually break out!!


multimastery 7 years ago

Well hey this is one positive way to look at it ~ Wonderful Hub!


tinkerer profile image

tinkerer 7 years ago from Portland Oregon

Always look on the bright side of life. Or at the very least, make a lot of lemonaide out of those lemons. Good job.


Direxmd profile image

Direxmd 7 years ago from Sonoma County, California

I like this article a lot, it makes me feel optimistic :)


retirementhelp profile image

retirementhelp 7 years ago

Great Hub! We will come out of this and one of the ways is to look at the good things that have already come from all of this. Awesome job!!


Susan M 7 years ago

This is a wonderful hub! Having a positive outlook in this economy is certainly helpful and I agree with all of what you have to say. Our family has definitely slowed our lives down to accommodate the shift our economy has taken and this is not a bad thing. Simpler is invariably more meaningful and much less stressful.


Amy G 7 years ago

I like it! And I agree...I like the way people are deciding to live a bit simpler than before, and money has taken on the importance it used to have; when people saved it and made decent choices. Nice hub!


bgpappa profile image

bgpappa 7 years ago from Sacramento, California

Great Hub.


Peppermint Thrift profile image

Peppermint Thrift 7 years ago

This is a great hub! I, too, have noticed more people being kinder and helping each other out and if this is what it takes to get us to that point then, yeah, it's not all that bad. I've been surviving on a meager income and use available resources to get by - and in a weird way, it's fun to creatively manage where your finances are spent.


earnestshub profile image

earnestshub 7 years ago from Melbourne Australia

A very positive hub, we can sure use it.


Ms Chievous profile image

Ms Chievous 7 years ago from Wv

Thank you for a refreshing look at life! We could all use more positive energy in our life


Dottie1 profile image

Dottie1 7 years ago from MA, USA

Here are listed 15 good reasons to celebrate and be grateful. Nice hub.


cflynn profile image

cflynn 7 years ago from Ireland

great hub especially agree with no 10...its been kind of like spring clean for how we spend, and a real eyeopener to some bad financiall habits.


mdvaldosta profile image

mdvaldosta 7 years ago from Valdosta, GA

I think you hit all your points spot on, and it's a refreshing way to look at things nowadays.


midnightbliss profile image

midnightbliss 7 years ago from Hermosa Beach

nice hub and brilliant views. Its always viewing things in a different perspective.


tourmaline2777 profile image

tourmaline2777 7 years ago from Chicago

Great answer to this request! I have definitely learned to relax more even though my situation is not the best! And wasting much less!


Wanderlust profile image

Wanderlust 7 years ago from New York City

Always look on the bright side of life! I agree that there are certain positive recession consequences. For example, just to add to your list, thanks to the financial crisis worldwide and stronger US dollar, for Americans many foreign destinations have become more affordable than they were just a few month ago. With recent depreciation of British currency about 30%, traveling to London looks very appealing right now.

http://hubpages.com/travel/Affordable-Travel-Reces...


hot dorkage profile image

hot dorkage 7 years ago from Oregon, USA

I have always thought that having great riches isolates people from eachother

One thinks one's money puts them out of reach of certain human problems, but one finds oneself there all alone. All the other rich guys are on top their little mountain alone too.


tylermj23 profile image

tylermj23 7 years ago from Roanoke, VA

I really enjoyed your views on what good can come out of a bad economy, and I agree totally. I personally like number 11 that people are relaxing more because I really think it is true that they are even though you'd think everone would be stressing. The bad economy has allowed people to appreciate the things that money cant do for us. Overall, a fantastic hub, and I look forward to reading more of your hubs in the future!

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