The Rotary Club of Everett
Meeting of July 7, 2020, 5,354 club meeting, President John Olson’s 1st meeting and 17th Virtual meeting.
President John lead us in the Pledge of Allegiance.
Heather Barnhart provided the Thought of the Day with a quote from Harold Kushner and why she joined Rotary. Rotary makes that Positive Difference.
VISITING ROTARIANS & GUESTS
No visiting Rotarians. Guests: Greg Lineberry introduced Emily Wicks, 38th District State Representative, Will McMahan introduced Shannon Marsh and Michael Spino, and George Bowden introduced Judge Okokolo.
ANNOUNCEMENTS
President John read a Scholarship Thank You not from Hannah Tran, scholarship recipient.
HAPPY DOLLARS
- Heather Barnhart - $48 birthday bucks
- Kelli Thode - $100 “bellringer” birthday bucks and son’s high school graduation and will be attending WSU. Go Cougs!
- Tammy Dunn - $100 “bellringer” birthday bucks and great time golfing over the weekend.
RAFFLE
Wick Temple updated us on the Raffle. We will continue the Raffle on the second Tuesday of the month. Purchase your raffle ticket through the
Donate Button on the website.
PROGRAM
The World in 2020 “What’s the data telling us?”
Sean Kelly introduced Chris Barnes, who was joining us from the state of Connecticut.
Trust & Confidence is key to economic recovery. The decreasing trust in institutions directly and negatively effects economic recovery. We do not believe in what the institutions say. We need faith in the institutions to function well and efficiently.
Over the last several months, personal savings rate has spiked to record high. April 2020 – 33%.
With the COVID 19 pandemic entire sections of the economy has shut down. To recover we need people to spend money. People need to feel comfortable to spend money.
Expected change by Economic Optimism. We need the people who are optimistic to lead the way in encouraging people to spend. By people purchasing items or spending money will help the economy to start moving.
Unemployment in May 2020 was close to 15%.
Chris talked about the symbols to watch for and about the election polls. The things that are currently happening in 2020 are negative and to turn things around, the trust and confidence in the institutions will need to be rebuilt.
CONCLUSION
President John thanked Chris for his presentation and stated a contribution in Chris’s name will be given to the Boys & Girls Club of Everett. John adjourned the meeting.
Rotary Opens Opportunities
Respectfully submitted,
Tammy Dunn
Photography submitted,
Tammy Dunn
Next Program:
Cars to Housing presented by Jim Dean, introduced by Nick Hansen