The Double Dip Recession Hits Home

Here at the drafty doublewide we got some bad news - my hubby lost his job. This is the second job he's lost since the economic mess began. The first job he lost after being at the same company for ten years. He was fortunate to find a new job (but making less money) in a fairly short time after that, but now, he is out job hunting again. The double dip recession has hit home.
So, like many other people in the same position, we ask, "now what?"

I am starting to question where the jobs really are. I'm not really one for conspiracy theories, but I'm beginning to wonder if the economic crisis is worse than we are being told. When you start to see "for sale" signs and "auction" signs, and abandoned homes in your own area, you start to wonder what's going on.
I was reading today about people over 50 having difficulty finding jobs; some people say no one wants to hire older workers, because they can get young workers cheaper. But then I read the other day that only 55.3% of young people ages 16-29 are employed in this country. So, the older people aren't getting jobs and it's being blamed on the young workers - but wait! - only 55.3% of the young people are working! I'm not a mathematician, but it seems the numbers just don't work out.

Another statistic I was reading about the other day was the poverty level here in the U.S. According to what I read, one-third of people in the U.S. are living in poverty. One-third! That means when you see three people in the grocery store, on the street, at church - the possibility exists that one of them is living in poverty. Depending on where you spot those three people, all three may be living in poverty. 
But maybe they don't look it - not yet. When you first lose your job, or have to work at less pay, you might still show the outward signs of your former prosperity - you still have nice clothes, you still have a nice car, your house is in good repair. But in a couple of years, will the signs of economic decline be more visible in those we see everyday? The clothes look a little more tattered because they can't afford to buy new ones. The car looks a little old, but they can't afford a new one. The house is starting to look a little run down, but they can't afford repairs.  

It's sad.

So tonight I'm asking the same question many other people are probably asking, "now what?"

3 comments:

  1. I wish I knew, but as always..we are in the "Waiting" Position too.

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  2. I believe the we all have to be more resourceful in our actions both as workers and consumers. An irony to consider is that we shop for better prices from stores who support big industry which take away from lower and middle class, thereby forcing us to shop for lesser prices at big industry. America produced more than 50% of the worlds goods 50 years ago, and now...

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  3. It's like being caught in a big web.

    Mark B. your comment reminds me of a debate I had with someone some years ago about buying cheap shoes at big stores. It is bad that the people making the shoes only make $1 per day. But a lot of people here in the US can't afford more expensive shoes. So the poor here have to buy the shoes; the poor overseas have to make them. For a lot of people $1 per day is better than nothing.

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