How is the US economy doing from your personal perspective?
Posted on February 22nd, 2010 by admin
YOU
Your mortgage payments your rent your property tax your wages your dollars purchasing power
How is your town doing ? Is it printing "script"
Do you live in or around Detroit or another auto maker’s town? How is the local industry in your town or city ? The people I know who work for the auto sector have been laid off or had their hours severely reduced . I haven’t been to the towns which were dependent on the auto sector yet but I hear things are tough and getting worse
I live in one of the major cities in Canada
I don’t think that we have been hit as hard as the US has — but I believe it is coming — Maybe I am wrong
I am not impressed by the food prices — it has gone up by nickels and dimes here and there — But it is beginning to add up and change the totals at the end of the bill
The papers are not filled with jobs any more and although the TV just got finished telling me Auto sales were up I don’t believe them
I am beginning to notice empty buildings and the sold and moved out car lots are among them ( I like to believe what I see instead of the people on TV ) No it isn’t a lot — no it isn’t the doom and gloom all is lost feeling — but it is all there none the less
Condo sales continue to grow — at least condo building continue to be built (and what a scam that is)
The price of beer is outrageous — But I have been saying that for 15 yrs plus now so that might mean I am a Scottish / Canadian from rural Ontario
You’re lucky because the prices of everything here has gone up by dollars. Companies would be raising the prices even higher if they weren’t nor getting their products and raw materials from China more than ever. Stores are closing everywhere. My purchasing power is at least 40% lower because of it!
February 22nd, 2010 at 8:44 am
The economy is going downhill. I don’t know if it’s going to worst in the future.
References :
February 22nd, 2010 at 9:27 am
You’re lucky because the prices of everything here has gone up by dollars. Companies would be raising the prices even higher if they weren’t nor getting their products and raw materials from China more than ever. Stores are closing everywhere. My purchasing power is at least 40% lower because of it!
References :
February 22nd, 2010 at 9:45 am
the economy is terrible but to the democrats it is just so good. just about everyone i know is layed off or the company shut down. food is going up. most of the houses are in foreclosure. the paper has a large list everyday of them. and anything they say is doing good is lies. nothing is going good. lies and deny.the country is going down hill at record speed.
References :
February 22nd, 2010 at 10:20 am
Thanks to our former president, George Bush, who wasn’t paying attention while the rich elite recklessly gambled our country away, my local economy is in the tank.
I work for a family owned precision machined parts manufacturer. They have not had to lay off workers for at least 25 years. They have layoff off about 25% of our work force so far and new orders are coming in at a trickle when they used to flood in.
It’s bad. Everybody keeps saying it’s hit bottom. Let’s hope.
References :
February 22nd, 2010 at 11:02 am
I work for Chrysler. Been eatin mac n cheese for four weeks straight. You tell me!
References :