A recession in upon us and it is more than just a temporary lull reduced economic activity, It is full blown. We all have had economic rough patches in our lives but I think none are going to be as remembered as the one that has yet to hit us. Okay It may not be another “Great Depression” but it will be bad and it will be soon. Insurance rates alone are climbing faster than my pay scale allows. That combined with food, gas and the overall increase in everyday things means I am bringing home less now that I was 6 years ago. That scares me to the bone. I heard this morning that on average one in every ten Americans is at least one month or more behind in their mortgage payments. One in ten!
Are my kids even going to be able to move out on their own? Will they get a chance to start living their adult lives with any kind of independence? Assuredly not, how can they? I know of a dozen people who have lost their homes and vehicles, not from a lack of trying but a lack of advantages. It just boggles my mind on how we can expect to live on a decreased income. I hear from those who are sitting pretty say things like “Well maybe they should get another job” or “They are probably wasting their money”. That angers me because I see the working class every day and it is not from a lack of trying. I see people bust backsides for an average take home of 70 bucks a day.
As Bette Davis said in All About Eve, “Fasten your seatbelts, it's going to be a bumpy night!”
Thursday, September 11, 2008
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