From Deseret News archives:
Crises tested resilience of Utah throughout '07
It also was a year that reinforced the need to be prepared for the unexpected.
Utahns needed resilience to bounce back from a senseless and random mass murder at Trolley Square in February. No one ever will understand why 18-year-old Sulejman Talovic decided he needed to open fire on people two days before Valentine's Day. He killed five and wounded four, and he left an entire metro area in shock.
From that tragedy, however, came stories of heroism and compassion, and of a genuine outpouring of love toward the victims and their families. In the modern United States, a mass shooting is, unfortunately, not uncommon. This year alone, the Trolley Square crime was eclipsed nationally by a shooting at Virginia Tech, in which a gunman killed 32. People have begun to understand that the unexpected in daily life can sometimes be the unthinkable.
Speaking of the economy, a year ago we lauded 2006 as the year when Utah's economy heated up to record levels. Fortunately, that pace continued in 2007, with unemployment remaining extremely low, wages rising and the housing market staying relatively strong. This was significant news, considering much of the rest of the nation was struck by the blunt force of a subprime loan scandal that sent real estate values plunging and foreclosures soaring.
Home sales slowed considerably in Utah, but the latest reports show real estate here continues to appreciate, just as the economy continues to grow. But if people are wise, they will take a lesson from their less fortunate neighbors elsewhere and make smart financial choices. Those should include getting out of debt and living within one's means. No one knows how long the good times will roll in Utah, but there is no defense to bad times quite as effective as prudence and savings.
Recent comments
The judgment about economy is a numbers gig. It's not very...
Joe Moe | Dec. 31, 2007 at 9:44 a.m.
"Soaring economy" for whom?
Dick Cheney's Halliburton?
Lynn...
Anonymous | Dec. 31, 2007 at 7:34 a.m.
Prudence gets out of debt. Prudence does not save any significant...
Prudence | Dec. 31, 2007 at 6:52 a.m.
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877 - Cougars beat Utes in overtime
477 - Max Hall issues apology
269 - Hall's pain reflects self-betrayal
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65
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