Years from now, one evening on a weekday, a child would return from school, throws his bag away on the sofa, and gets ready to join his friends in a game of cricket. His mother, who just sees all his moves, warns her laadla: "Padle beta nahin tho Recession ka shikhaar ban jaaayega". Her caveat would not have been baseless, she would have been a victim herself to the 'Recession 09'.
Not being an absolute believer of the Media, I was not very concerned when I read the news: It's Official: U.S in a Recession. I considered the genuineness of the news to be 30% and apportioned 70% to the media hype. Whenever I read the news saying: XYZ company about to costs by terminating jobs of 500, 1000, 2000 employees, I always wondered, how come I don't come across a single person who has lost his job recently. That gave me another reason to criticize Media, which I bet most of the people would do.
Not being an absolute believer of the Media, I was not very concerned when I read the news: It's Official: U.S in a Recession. I considered the genuineness of the news to be 30% and apportioned 70% to the media hype. Whenever I read the news saying: XYZ company about to costs by terminating jobs of 500, 1000, 2000 employees, I always wondered, how come I don't come across a single person who has lost his job recently. That gave me another reason to criticize Media, which I bet most of the people would do.
Days passed by as more unemployement hit the news. Every day I read the news, atleats one major company used to creep up the headlines. All throughout this phase I never encountered anyone who lost their job. One fine day, in July I believe, when the Networking giant Sprint / Nextel laid thousands of employees and that is when I encountered people hit by recession. There were recent graduates, experienced professionals, international immigrants with families .. everyone. They had to try umpteen ways to surf through the recession wave. 
While some had to lose their jobs, several had to wait and are still waiting to find one. I know people who have graduated in May 2008 and are still on the hunt. One of my friend had to go back to India as she was finding it tough to handle herself without a job here. She was a Graduate from Clemson and believe me she is so good at coding but she never found one that could suit her profile. A very close friend of mine was laid off even after his H-1 was sponsored and approved by his employer. And the one that awed me the most was, one of my friends was supposed to get wedded this November and the marriage was stalled because the groom had lost his job in the U.S and he could not travel to India because of Immigration problems.I know there would have been many others who are experiencing the heat, as a matter of fact, I am myself one of them. My dad always keeps asking me: "Hows the situation there? Has it been any better?" and I believe most of you would have been facing the same question from your dear ones. Do not lose hope brothers, the monster does not beam over us for too long and hope everyone would fall out of the wrath very soon.
