My point is that it's better to have "some" income coming in than none. I work in real estate so you don't have to tell me about the middle class losing their homes. We have been living outside our paychecks for too long and now the bills are due. To survive we will have to change our lifestyles. The fat cat bailouts should be in jail, but they aren't and continuing to be angry about that is not going to fix middle class America. Becoming more dependent upon the gov't is not the answer. A lot of us will have to give up things our parents worked a lifetime for. IMO we have gotten too much too soon and lost the value of ourselves along the way.
Annie
of VA
@
Jan 27, 2009 19:53:33 PM
what will happen?
you wrote:
"If not, McDonald's and other fast food chains still hire reliable people who don't mind working"
the only problem is that they don't pay enough to make a house payment!!
what will happen when all of these families begin to lose their houses? will the govt give THEM a bailout? the fat cats who got the bailout aren't losing their homes!.
jtc
of NC
@
Jan 26, 2009 21:58:57 PM
Wyeth cuts prior to Pfizer deal/Home Depot
My brother had been with Wyeth since they were A H Robins ... make that 32 years, a young 20 year old who worked his way up from the mail room, obtained a good education and is now a young 52 year old who hasn't interviewed in those 32 years except within the org. Yes, it is hard, but my brother believes God is in control and that he will be working again.
The last thing this country needs is more government control. We may all have to learn to use a shovel again to dig ourselves out of this mess. Greed brought us here IMHO.
My "legally" blind brother-in-law has worked for Home Depot in their garden dept for several years and probably has more seniority than any other employee in the area. He's been cut back to 2 day a week.
I'm still working because our small office has not filled in openings for more than the past year. Hopefully, we'll survive. If not, McDonald's and other fast food chains still hire reliable people who don't mind working.
Annie
of VA
@
Jan 26, 2009 21:13:11 PM
it is a tough thing to lose a job, and it is painful to hear of anyone losing their livelihood - i can speak from my own experience - i am amazed you think that our government needs to bail us out - wow! what an awful idea - although this is painful for our nation, these are the times that new companies emerge - these are small businesses - these businesses create an economy that is prosperous - people discover talents that they never had or use - they use these talents to make money while leading a more fulfilling life - don't give up hope - now is the time to get creative - letting the crooks in washington "take care of us" is absolutely a horrible thought!
of GA
@
Jan 26, 2009 17:09:32 PM
Home Depot - CA
My uncle was affected by the "slashing" of jobs. He was employed at a Home Depot in CA and found out this morning at 10am that Friday would be his last day. I do understand that each company that is experiencing layoffs to try to make sure their company can stay afloat during this recession. It is just really to bad that American families are suffering in the way of worrying how they will be able to care for their families. Everyone is suffering and it will only get worse before it gets any better.
When will things get better and how are people who have worked for the same company for years supposed to find a good paying job to support their family when there are only so many vacant jobs out there?
What is congress doing to help these families out?
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
Annie of VA @ Jan 27, 2009 19:53:33 PM
jtc of NC @ Jan 26, 2009 21:58:57 PM
Annie of VA @ Jan 26, 2009 21:13:11 PM
of GA @ Jan 26, 2009 17:09:32 PM
Christy Duncan of OK @ Jan 26, 2009 15:56:55 PM
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