Depression or Recession?

According to the experts, there is an old joke among economists that states: "a recession is when your neighbor loses his job, and a depression is when you lose your job."

However, the difference between the two terms is not very well understood for one simple reason: There is not a universally agreed upon definition. If you ask 100 different economists to define the terms recession and depression, you would get at least 100 different answers.

A good rule of thumb for determining the difference between a recession and a depression is to look at the changes in GNP. A depression is any economic downturn where real GDP declines by more than 10 percent. A recession is an economic downturn that is less severe.

Our country is in recession and going towards a depression. But there is still hope for the average person to overcome both, its called USANA. By starting your own business, you can surpass the recession. Why you should start a business Today and Recession Proof Your Income?

In a recent issue of Success Magazine, it describes "The Great Migration",
where people are leaving behind their dependence on big companies and seeking independence by starting their own business. Millions of Americans are embracing entrepreneurship by running their own small businesses, through independent contracting or direct selling.

MAKE A RESIDUAL OR PASSIVE INCOME: In a job, you trade your hours for dollars. In a Direct Selling business, you can leverage your time with the efforts of others on your team. Economist, Paul Zane Pilzer, author of The Next Millionaires says, "I like the honesty about direct selling because it openly tells people the way to get rich is residual income: Get paid tomorrow for something you did yesterday- and let it accumulate."

Many people fail to become rich because they value a steady paycheck rather than going through the learning process of becoming financially smarter. The No. 1 thing people can do to increase their wealth is to start a part-time business.

So start your own business today! Join USANA and be part of this recession proof income making machine that will revolutionize your life. Click here to join. Whant to use the products first, then click here.

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