Mar 27 2009
Recession And The Fall Of Our Economy
Around three years ago my dad passed away and last march 29th my mom left me, but they are in a much better place then we are right now. We have unemployment at all-time high levels and state budgets are being strapped even more. The unemployment figures are not really accurate as they do not portray all the people who have given up on trying to find work. Where I live which is in Ohio finding a good paying job is almost non-existent. What has happen to the United States? Why have we gone down so hard so fast? There are many different theories on why this has happen and no point of rehashing old news anyway.
We need to fix the problems we have right now and that burden is on President Obama and he may have broad shoulders, but not widen enough to fix this problem that we have. Jobs are vanishing and being replaced with lower paying jobs. Businesses that we always shopped at are closing up right and left. Car dealerships that you use to visit now are closing their doors as well. Yes it is bad, but sometimes I do not think people really realize how bad it is.
Homes are being foreclosed at a record rate and it does not look like that will end anytime soon. Plans are in the works to help stem them, but unless you bring good paying jobs foreclosures will keep happening and the American Dream of owning a home is fast slipping away from people. Now all is not gloom and doom as their is one thing that we all know we are a society that never gives up and we will weather this storm as well. The real question is when will this storm end and how many people will lose everything before it does end. Only time will tell, but this recession has taken tools on families, businesses and yes even kids. Let’s pray this nightmare ends soon so we can enjoy life instead of waiting for the next axe to fall.
