I've been through two, but this is the first one that's really kicked my butt. Financially, I'm feeling the pinch. My company believes in noncompetitive salaries and lots of stock; said stock is down 85%. But I don't think the financial picture is the biggest part of my malaise.
I'm seeing how enormous and pervasive are the effects of luck. I see it in who got laid off in my office -- not that the choice wasn't inevitable when the time came, but that it was all timing, and that if the ax had fallen earlier or later it would have been different people. I see it in who doesn't ever need to work again: I have two friends who got big buckets of stock from the same company near the top of the bubble, and one got his certificate from the transfer agent noticeably earlier than the other did, so he doesn't ever need to work again and the other guy might maybe buy a car with his stock some day. I have friends who worked very hard for the wrong companies, or for the right companies at the wrong time. I could go on. Most of us could, I suspect.
Luck.
We don't like to think about luck having such a big effect. Successful people would prefer to credit their success to hard work, intelligence, or persistence. Our culture tends to say that people with those qualities are "good people" and they "deserve" success. We wouldn't put the word "luck" in the same sentence with "deserve". On the flip side, I'm sure not-so-successful people would like to think that if they just keep working hard, they'll get a commensurate reward. It's better than hopeless fatalism, right?
And, to be fair, success is definitely influenced by hard work, intelligence, gumption, and a whole host of other qualities. But luck seems to outvote them all. It's almost taboo to mention it, but that doesn't change the situation.
So that's a big part of my malaise.
There's also some survivor guilt in there, I'm sure. And there's some anger at the revisionist history I see going on in my office: the people who got laid off are being talked about as if they were really poor performers, and I know in some cases that's just not true. Perhaps the people who stayed are trying to feel good about having escaped the cuts. Whatever the motivation, it still bothers me.
But the big part is me whining, yet again, as I have been whining since I was little: LIFE SHOULD BE FAIR!