My longtime friend Steve brought up a good point as we discussed our job situations. He said he read that some companies may be using the current DEPRESSION (I hate that r-word, let's call things what they are) as an excuse to lay people off that they've been putting off because it would hurt morale.

The idea makes a lot of sense.

I've been privvy, unfortunately, to management waiting for an excuse to get rid of people in the past. It's a strategy that can backfire, but nobody likes confrontation, and waiting for an excuse is an easy way to avoid confrontation. Or to avoid having to fix problems you really don't want to deal with.

But that creates a problem. While one business is using economic depression as an excuse to cut staff, so are lots of others. That puts more people out of work. That means they have less money, and that means they spend less.

So your neighbors' former employees aren't patronizing you anymore, and your revenue drops. Welcome to the vicious circle. At some point, you probably end up laying off people you really never wanted to get rid of.

It kind of sounds like a conspiracy, but really it isn't. All it takes is a few people having that bad idea.

And there's no real way to prevent it. Everywhere I've ever worked, going all the way back to high school, I've seen people in management positions who had no business being there. And that won't change.

You can try to work in depression-proof industries, but is there such a thing? Everything's connected together.

You can do what I did and minimize the way a depression can affect you. With no mortgage and no car payment, I could support my family on very little.

Of course, economists wag their fingers at people like me. Part of the problem is that people like me aren't buying new cars because we realized there's nothing at all wrong with the cars we have. Bad Dave.

Then again, unlike some people, after I borrowed large amounts of money, I paid it back. And part of the reason for that was because I didn't sign on the dotted line until I did the math to figure out what life was going to be like with that mortgage payment and whether I was willing to live like that. If more people had actually paid attention to the amount of money at the end of the document--the amount that you're going to end up paying over the course of the mortgage--and been scared, then we'd be in a lot better shape than we are now.

I do think this depression is forcing us to be a little less materialistic. And I think materialism and conspicuous consumption was what sucked us into this hole to begin with.

And in the meantime, it's forcing some companies to look at themselves and make some hard decisions. Some aren't surviving. Some will be missed more than others.

It's affecting me a whole lot more now that I'm suddenly in the job pool with that other 7.2 percent. I'm sure I'll complain a lot more. I know it'll take a lot longer than I want for me to find employment because it already has. But I'll be OK. I'm Scottish. I'm scrappy and tough.

And I think in the long run our country will be OK. Maybe we'll even be better for it.