Enduring The Economy -- Staying Afloat

Unfortunately, the 2009 outlook won’t spin, and we’re not going to try to paint a happy face on it, either. What we can offer, however, are some tips and a blueprint on how to emerge from the calendar year as a stronger, ongoing concern.

Andrew Paparozzi, vice president and chief economist for the NAPL, senses that the current slump will likely extend into 2010. It will take time to undo the past 10 years’ worth of leveraging credit and creating debt, both on Wall Street and Main Street. Unfortunately, we may not have bottomed out as of yet.