Friday, January 30, 2009

The horrible Economy

I have to say, the economy is really beginning to scare me. More and more people are losing their jobs. Less and less businesses are hiring. People that have been at their jobs for 15+ years are being told that they are just not needed anymore. These people lose the only job they may have ever had only to find out that they can't find a job anywhere else! Unemployment rates have skyrocketed. Unemployment benefits are far lower than what their paychecks were. Something is better than nothing but it's hard to be able to survive on HALF of what you were making! Now the government is cutting back on funding for assistance. Utilities are becoming less lenient with their customers. Prices for everything have shot up. The price of food is ridiculous! The only thing that helps is that gas prices have gone back down. $1.80 a gallon is a lot better than $4.00 a gallon!

How are people supposed to survive when they can't find a job? Can't afford rent? Food? Utilities? I just heard on the news yesterday that even animal shelters are reporting an increase in surrendered animals because pet owners can't even afford to feed their beloved pets. A lot of people are going to end up homeless because of this. I'm going to school right now trying to better myself but now I'm scared that I wont even be able to find a job in my field!

How is this country going to get out of this economic crisis? Why is our government more worried about helping people in OTHER countries than helping US?? I heard on the news a few days ago that they are expecting the economy to turn around by the end of the year. It's only January. What are people supposed to do for the rest of the 11 months?? I truly do hope that Obama follows through with his promises. We need a change but we need it NOW.

I also feel that a lot of businesses are taking advantage of people by raising prices. The company my mother works for has had two price increases in the past year. The owner was quoted as saying, "we don't NEED to raise our prices.. but why not if we can get away with it?". Just another case of the rich getting richer and the poor getting poorer!


Freda said...

The economy is scaring me half to death! Its not easy in my line of work!!
Love reading the blog, and I have nominated you for an award!
Stop by my blog to pick it up.

LWM said...

This is, unfortunately, the result of the American dream...

Anonymous said...

I lost my job in November. It took until two days ago for them to process my unemployment claim. If I wasn't a single guy with few obligations -- ie; If I were married and had kids, and a stay at home wife -- I'd be completely screwed.

It's scary.

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