No F.E.A.R of a recession. Personally, I think we were living in one for a while - before anyone acknowledged it.

I think it's the FEAR (i.e. false evidence appearing real) of how much longer the economic situation will be, and what the result will inevitably be that is the true question. And no, I don't fear it.

I'm not at all. I have a secure job, and live in the DC area where housing prices need to fall for my wife and I to get into the market. If we decide not to buy, then I'll pour my money into biotech at the trough, and put it into a house when we want to. Biotech is finally ready for long-term investment and I don't need a house if I'm uncertain about it. If a recession is going to deepen, I say, live more frugal and make the most of the time to invest in the future innovators.

Not afraid of recession. If that's all we get, we should be thankful.

NAFTA + CAFTA + 2 extended wars + outsourcing + 12million invaders = TheAmericanDream?

Jeffrey Immelt (that took over for Welch) at GE made the comment a few years ago that he was running a global company. I sent a note to his PR folks reminding him that GE was an American company and that he and his board of directors lived in America....

Vote while you still can...

I'm in Michigan. We're ahead of the curve here, already entrenched in a recession. I fear less for myself than others, because I know it's going to be much worse. Credit will continue to tighten until all the damage from years of too much and too easy credit has been shaken out of the system. We are going to have to consider bail-outs to banks in the very near-term. (See http://riskmoment.com/ralm/2008/02/13/uncategorized/shift-risk-to-uncle-...) Until we get this cleared up, while juggling increasing inflation due to rising fuel prices, it's going to be a tough slog.

We have nothing to fear but fear itself... the more afraid people are the worse it will be.

On the "afraid scale," I'm at about a five (out of ten). It's hard for me to interpret what's really happening out there.

We are a start up competing with giants, I like a recession right now, We are lean mean and nimble and the giants we are competing with are big, slow and confused. Bring it on!!!

I was really worried until I heard about the economic stimulus package. Now, knowing that I’m about to receive a windfall of free cash in the form of a tax rebate check, I think I’ll invest half and live off of the rest for the next 20 years.

All kidding aside, I’m not that worried. It’s not the first recession and it definitely won’t be the last.

in the short-term, not worried because the recession doesn't impact me directly, but in the long term, it affects everybody.

Living in the Bay Area is pretty expensive as it is. I hope the "R" word scares people enough to truly start partnering with others, networking in your neighborhood, identify thought leaders and mentors that are close to you.