America Inexperienced to Manage Recessions
America is inexperienced to manage Recessions.
Any country or political landscape which has tradition and history from 4000 to 2000 years, must have faced recession(s) in various types and at various level.
Economic recession, Epidemic recession, Draught should have torn the tradition and society into pieces. In spite of all types of recessions, the age old countries or tradition managed to survive and succeed.
Though recession is not new if you refer history, it is projected as new and something strange. Because the country facing recession severely is America. America is not older than 400 years in age. Except the two world wars and 9/11 it might not have undergone tough situations.
The American tradition is not more than 400 years old. The political landscape of America must have a long and deep tradition and history from its original inhabitants â€˜Red Indiansâ€™. But they were almost â€˜cleanedâ€™. The left out might be â€˜educatedâ€™ or â€˜modernizedâ€™. If any Red Indian left to live they might have lost their original tradition and history.
Since Recession is new to America, it booms the recession big.
Recession is always hitting all over the world from smaller section of people, industry, society to bigger. They are un-noticed and under noticed.
Recession is a world wide problem now, because it has hit United States of America. America has neither experience nor having deep rooted tradition to face any type of recession. The screaming â€˜recessionâ€™ states it clearly.
The leader should be most experienced, matured, ability to withstand under stress, skillful, must have risen from various down falls.
The world is allowing or driven to allow a â€˜kidâ€™ to lead. So recession becomes world problem.
When it is raining what people can do. Until it stops raining be patient, hide under shelter. No use of crying or fearing to face rain. It just raining let it stop.