Swirling uncertainty surrounds this day of Thanksgiving, just as it did when European settlers celebrated their first meager harvest in America in 1621.

The settlers had no more inkling of their future than present-day Americans but they celebrated nonetheless, sharing what they had, accepting the generosity of the native people who had harvest traditions of their own and looking ahead with optimism.

The message of the holiday becomes all the more intense when times are hard, deepened by a more thoughtful accounting of blessings and advantages. It is with this earnest appreciation that islanders mark Thanksgiving 2008.

Hawaii has seen a smaller measure of the economic trouble that has thrown the nation and the world into instability. Government revenues have fallen as tourism declines, leading to tightened budgets for state and county operations. Equity losses and foreclosures have increased. Unemployment and business failures also have risen as wary consumers hold on to their money.

While there is some relief that the state hasn't been hit as hard as others, the fear that the worst is yet to come leaves many on edge. But for now, there is reason for some measure of confidence.

Hawaii's banks remain strong, with some even posting record profits. A combination of lessons learned from previous economic downturns and sound lending practices influenced by conservative cultures have kept island financial institutions above the flood of red ink.

Resort and housing development hasn't turned tail even as the retail industry struggles to maintain footing. Construction losses have been largely minimal and military spending continues to be robust.

For all the good news, however, many people in the islands are under strain. More are homeless or stand on the brink of losing shelter. Food banks are having trouble meeting the needs of the hungry. Aid from charitable organizations also is being exhausted.

The most fortunate among us will sit down today at splendid tables abundant with the customary turkey, dressing, mashed potatoes and pumpkin pie as well as the foods representing the mix of cultures here, such as kim chee, rice, sweet bread, lup cheong and puto.

It will be a meal to share with family and friends, and if a bit of sharing is extended beyond familiar faces, the holiday will have a greater power. More will have a reason to be thankful.