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First, what is a Recession? The Wikipedia definition of a Recession “is a recession is a decline in a country’s real gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.”

According to a recent article, people have lost nearly a quarter of a million jobs in the last three months and says this is the worst it has been. The Bush Administration hopes the economy the second half the year. The Government and the people are expecting the economy to resolve itself. Very optimistic but with rising gas &  milk prices and businesses outsourcing to other countries, there is no guarantee that it will.  Plus like stated in the article, this is the worst recession we have had. That is why I think that is why it is important that you own your own home based business in order to help rebuild the economy and raise jobs for those who have lost theirs.

Owning your own home based business you will not have to worry about job loss or your financial future. You would only be depending on yourself and not a job. Entrepreneurs and Capitalism is what helped make this country what it is today. :D

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