Town Hall for Hope [Update]

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Dave Ramsey’s event Town Hall for Hope last night was enlightening. If you missed it you can go here to see how you can watch the event. Dave spoke for about 30 minutes about what is really going on in the economy and then answered a lot of questions that you may be thinking.

I’d like to touch on a few of the highlights and information that Dave pointed out.

Government: One of Dave’s main points is that the government is not going to fix this situation. He provided a terrific historical background of how the economy and the government faced similar situations in the past and the government’s involvement is not the answer. One of my favorite quotes from Dave was this:

Bush tried to bail out stupid and now the current administration is trying to stimulate stupid.

Perspective: Dave Ramsey shared some statistics to put things into perspective. Here are a few:

Before we entered this ‘recession’ our unemployment rate was at 5%
The current unemployment rate is at 8.5%
That is a difference of 3.5%
A recent poll showed that 47% of Americans are afraid they may lose their job.
So only 3.5% of American’s have lost their jobs, but half of all Americans are AFRAID.

60% of foreclosures occurred in only five states.
50% of foreclosures occurred in 45 counties.
These foreclosures are happening in very specific areas.
Again – most Americans have a fear (which is coming from the media) that our economy is in a horrible state – and we are losing hope.

Dave’s Challenge:
For those of you who are struggling with Hope – here are three things you can do.

1. Get up and take action. When you get moving, a lot of good things happen. Much more than sitting on the couch watching Opera re-runs. Your best chance at success is you.

2. Don’t participate in loser talk. If you hang out with losers, you will become one. This may mean that you need to turn off the news.

3. We need to learn to give again. Find some ways to give. Something amazing happens to not only the recipient, but also you as the giver when you give of your time and money.

Town Hall for Hope Resources:

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