Wednesday, May 12, 2010

Recession - Spain Knows

Today I noticed that many of the television stations were airing a Spanish political leader speaking to the Parlaiment and the words across the bottom of the screen had one that stood out to my English-only mind: "Deficit"

I knew that something big was happening today, but not sure what exactly. Well, I got my answer about an hour ago when Silvia came home from work. Alberto was making lunch and she announced to us that "well, today is the day of not-so-good news...we are losing 5% pay for the month of June." She and Alberto are both high school and university teachers, so state funded obviously. This means, technically, a 10% cut for their household. She joked that her brother (also a teacher) might have to pass up his nicer clothes and trips this summer, but right about then, Alberto brought out a bottle of vino tinto. "You drink if it´s good news, you drink if it´s bad news" he said. I now am currently very relaxed after a couple glasses of vino with my lunch. Alberto made a very traditional meal of chickpeas, boiled cabbage, various meats and chorizo for us for lunch. Him, Silvia and I talked about how similar the economic situation is here as well as in the US. Silvia said something that rings a bell..."all the bank presidents are living well, the government gives them plenty of money..." I felt like I was home again.


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