03 Nov Donations Down As Americans Feel the Debt Pinch
More Americans are feeling the pain caused by the economy. Despite what you hear on your local news or national news, America is still in a recession. I really don’t care what the White House or CNN says about the economy. I listen to my clients, and what they are saying isn’t good.
I read an article this weekend which spoke about Charitable Donations being dramatically reduced due to the economy. It made me stop and think for a moment about what is really going on in America. We have received our wake up call, and it was more like a cannon going off next to the bed. Many organizations rely on end of year donations to stuff their coffers for the next year of operations. Unfortunately, the dollars won’t be rolling in this year as they have in the past.
On the next page of the newspaper, there was an article on corporate earnings and how profits have exceeded analysts predictions. Where do these guys live? What are they reading? I don’t know, but I can tell you this. Things aren’t good in Southwest Florida. My clients are losing jobs, walking away from homes and praying they don’t get sick because they don’t have health care. People aren’t talking about retirement plans any more, unless they are talking about liquidating them. People are talking about survival.
So, the question in my mind is: Where is this disconnect coming from? Are we supposed to believe that everything is ok now? Somehow the Government has solved all of our problems and now they are talking about raising taxes on the rich to pay for everyone’s health care?
The People of Southwest Florida are telling me that they don’t want any handouts. They want the Government to stop Bankrupting our Country. They want the Government to Stop Helping, as they see one of the biggest problems with the recovery is the Government’s help.
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