Where is this economic crisis we keep hearing about?

I had occasion to drive to Portland and back on Monday and Tuesday. Our destination was in the northwest industrial district. My overall impression of the trip was “where is this economic crisis we keep hearing about?”. I read that Oregon’s unemployment rate just hit 10% but you would never know it by the number of trucks on the road. The industrial district was busy. New high rise buildings are being built in downtown Portland. So where is this economic crisis we keep hearing about?

My niece had her car sideswiped by a hit and run driver a few weeks ago. She needs a new car. She is a bartender and can’t verify her tips (or they don’t count or some such) so her credit union won’t lend to her . Gramma cosigns and they still won’t lend to her. So gramma takes the money out of her money market account and finances the car.

Oh, so that must be what they are talking about.

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