Sunday, March 8, 2009

The Economy is Melting Down

The Economy is Melting down.
People are losing jobs.
651,000 people lost their jobs in February.
600,000 people lost their jobs in January.
That is 2 whole cities out of work.
Allot of 401K's deflated.
Thousands of foreclosed homes.
Unemployment is at 8% and climbing.
Gasoline prices came down, but unemployment went up.
Some experts think we are heading into a depression.
Are you in debt?
Is your job or home in jeopardy?
How do you feel about the future?
Crime and violence is still increasing.
Too many people have been living deyond their means for too long.
The economy is influenced by our prosperity. If we fail, the economy will fail. If the economy fails, businesses that depend on it will fail. If the investment markets on Wall Street fails,then peoples retirement and 401k's will vanish.
When people have no retirement, they are forced to depend on federal aide or work.
Because so many people are already out of work, that will swell the unemployment rolls.
The cycle of financial failure is getting bigger and faster.
Unemployment has hit a 25 year high.
Nobody seems to agree how to solve this situation.
There is a crack in the world and it is growing.
Do you feel safe and secure?
Do you feel okay that your kids and grandkids will have a good or bad future?
How do you feel?

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