Some folks think that the wealthy are not feeling the pinch of the economic downturn, but that simply is not so.
Everyone feels the pain at the bottom of the business cycle.
There are many who criticize or even blame the wealthy for the hardships they are experiencing during these challenging times of our recession.
I'd recommend that folks re-consider this blame game or marginalizing of the rich.
Not long ago, I read an interesting question on the Internet written to an entrepreneur that ran a lawn cutting and landscaping business: "I live in a gated golfing community and my homeowners association is charging me $660 per month for our landscaping costs.
With the recession the way it is, that seems a little excessive.
Are you willing to give me a quote on doing all of our HOAs landscaping and I can walk it into the HOA residing president and present it.
Even if we can cut that cost by $50-60 per home, that would sure help a lot.
I know many here are retired and on fixed income, many have seen their portfolios decrease by 45-50% and they are hurting.
" Apparently, even those so-called wealthy folks in their gated communities are watching their costs and worried about their financial future and the economic recession.
Case in point - we are all in this together, so we must get through this together, Let's not point fingers or blame those who've worked all their life to get to where they are, because someday, you might be there too.
Think on this.