In these times of economic distress.

United States
April 5, 2009 9:21pm CST
We are in a recession but the truth is that it has a different meaning to different people. For those who are looking to buy a home...it is truly a buyers market, however not good if you're trying to sell. There are so many foreclusures everywhere which is a steady sign that people are struggling to make it. Whether it be that they have been layed off, or completely lost their job due to downsizing, work for a corporation who goes completely under because they are not getting enough business...pretty much anything that inhibits the loss of income can be very stressful and it creates a ripple effect. When one isn't making money, they aren't spending money, therefore many more companies suffer. I myself can attest to the fact that living on a budget is more important than ever. The cost of living is not going down...it's steadily increasing, but the job market is slowly going down the drain. I hate to be so blunt about it, but the truth is that alot of companies are in just as much financial as I am, therefore they are also not as willing to pay people what they are really worth.
1 person likes this
5 responses
• China
6 Apr 09
I work in a school.The economic crisis make little influence about me.But many of my friends looking for works is very hard.Both the chance and the wage are very little.It's so pity that the economic crisis take a hard life to the whole world people.Wish the economic restore as soon as possible.
@ktosea (2027)
• China
6 Apr 09
true,to some one they have nothing to worry even we are in the recession but to others they have to struggle more to survive in the world.the job market is still going dwon the drain and more and more people become jobless.it's really sucks but we have to struggle for ourselves
@TazRes (827)
• United States
6 Apr 09
This is true, and I'm feeling it myself - I use to not have headaches...and now i have them often, and I know it's from thinking of how to pay bills.
@nympha687 (940)
• United States
6 Apr 09
You are right. Living on tight budget is particluarly hurting not only to the family m,embers but to the whole nation as well. Less spending means less cash inflow. No water or wind to turn the mills.
@stephcjh (32328)
• United States
6 Apr 09
That is very true. It is such a mess. I feel so sorry for everyone who is struggling to make ends meet and who have already lost their jobs and homes. We live on a budget too and it takes every penny to make it all work out.