safe, unless the government decides to stop public funding for indigent health care facilities...
I already was advised that my hours may be reduced soon from 40 to 25 & all benefits taken away (no more medical, etc.) With a family of 4 who depend on me, a terrible situation. Just writing this makes me feel like crying. How will I explain this to my wife and kids.
I feel your pain as we have experienced similar circumstances. Don't give up. I'll be thinking of you and the millions more of us that are there too.
There are alot of us in the same boat with you. All hours have been cut, people have been "let go" (Including my wife @ her job), x-mas bonus gone, overtime gone, etc... It is hard on us all, but we will persevere and make it through this.
I work in construction - my partner has lost his job already. My company was gone from 600 to 200 employees since June. Every day I am worried that I will loose my job. I only hope things start to turn around soon. The sooner Obama get into office the better
I work in construction and my partner has lost his job already.in the same field with the same company. Our company has gone from 600 to 200 employees since June. Every day I am worried that I will loose my job. I only hope things start to turn around soon. The sooner Obama get into office the better
I am completing my Masters degree in Psychology this year. I have two teenage girls and went back to school because the human service filed pays poorly unless you move up on an educational level. However, because many positions and agencies are either partially funded or run on grants I worry that there will be less opportunity for me by the summer.
I used some of my investments to pay for school so at least I don't owe on loans, however I will soon have one child entering college and will need to work. What is left of many of my investments I had set aside when working are at half their value. I worry for my daughters, what a mess they are inheriting.
We have been advised of a hiring freeze and are already looking at ways to cut out budget for employees here. Just within the last month we were commenting about the surrounding states and how we had seemed to hold on pretty well here in Kansas. Being in the center of the country pretty much we have been lucky up to that point in regards to the slowing economy, but as of December 1st we have been hit right between the eyes and are taking a hard hit. Our State budget is being hit very hard and funding for the schools are looking bleak. Those of us in public education are holding our own for the moment, but have been warned of more cuts coming soon which could result in lay-offs. Of course the Aircraft industry here has already take a huge hit and have already started laying off.
I collect delinquent taxes for a state government-----job security!!!!
I do hope your are thankful...not smug.
I think that a lot of folks are in denial. 40% who think their jobs are safe? I hope they're right but I wouldn't make plans for any big expenditures in the next year...
I feel like the Titanic is going down and I am holding on for dear life....
I have no savings, a big mortgage, a child with disabilites....
I am watching this situation very closely. I want to keep my hopes high, but with so much uncertainty this is very difficult to do.
No Christmas gifts this year. Just stay close to home and for dear sake hang on
I am a small builder; I have not built a home in 1.5 years, I have been able to pay the bills each month by spending my savings, now that my savings are gone, no work in the near future, where do I go from here? Next month, how does my family eat, how do I pay my mortgage?
Desperate American
Butch,
Been there and done that. Here's my suggestion. Go find a job at Wal Mart or a Grocery Store and put food on the table. That's what I did when my business failed in '95. Yeah, it was grim for awhile but you can fight to survive. Don't give up, pal ... you can get through it. No, there won't be any luxuries - but don't lay down to this.
- Max
I feel the same frustration. I am retired military. I retired in 2006 and the wife and I took 8 months (she left her job) to travel in our RV and work at parks and campgrounds to try and adjust to civilian life. We put the house up for sale in 2006 to get a smaller place, but its still not sold. In 2007 I took a low paying mid management job (11 months) but after 22 years of military it didn't work out. We started a business in 2007 with every bit of our savings and credit resourses. but it's now declining every month, not increasing. We spent all our savings and now will probably loose the house and the 160k we paid into it cash for renovations and down payment just to keep the business afloat, but probably the 150K in the business also. I know that my situation is better than a lot, at least we dont have kids at home to feed. and I do have medical coverage. but seeing 25 years of hard work and all the niceities around the home fading away is sad. We have never been unable to help our kids in the past and never missed a payment in over 20 years. Now we are down to 1 vehicle. Yes some of it is my own fault, but seriosly who would have thougth a home would not sell in over 2 years. We never had a house on the market 30 days before in our lives. I threw all the cards on the table to have the American Dream, Did my 22years of service, started a business and I guess my timeing was not so good. I (hopefully) have 20 years to catch back up for retirement age, but I really feel for the young couples and elderly - I honestly can't go to the local fast food restaurants anymore and see senior citizens wiping tables, it's just not right. Unemployment is over 9% in this county and it's a domino effect. Its a rolling S*&^Ball.
I make video games. Our business is exploding right now. When people don't want to go out on town, don't want to go on vacations, and don't want to blow money on expensive luxuries, there are still a few markets that are well-off. I'm lucky to be a part of one of them.
"Had a job in a prison, 'secure' job with the state, at least until May, when they said I didn't rate.
After nearly 20 years, we don't need you no more-so hit the bricks and don't stop at the door!"
1 of 701 prison jobs eliminated! Governor doesn't want to raise taxes and my guess is round 2 of eliminations is coming up!
Lucky I had enough time/age to retire but others didn't. Only 'secure' job is being an inmate!
All my life I have trusted in my Lord JESUS CHRIST and He has never failed me. While I am concerned about my future I choose not to worry because Jesus has promised to take care of me. I live for HIM by faith. For me it will be okay always.
You let us know how that works out for you. The people I own money to (Mortgage, Car payment, etc...) only take CASH.
TR_966
Owned several businesses and nearly lost 2 of them to foreclosure and bankruptcy. My God supplied all of the CASH I needed to keep the collectors at bay. I have never taken bankruptcy and have managed to pay all of my bills although several lawers and finanacial planners said I should throw in the towel. A miracle I survived financially? Myself and several others (all professionals) say that it was. Philippians 4:19
Please keep your religious beliefs to yourself. May Allah protect you and yours.
bdorgle Truly a terrible thing to say to a believer. Allah is just the name of some god. It is not the true living god. Cultist!!!
I worried about losing my job. I want to ask that who (persident? commerce? treasure? bank?) is the most responsibility for finacial crisis which lead to many people losing the jobs and home and benefits? Don't you think the most responsibility leaders should resign? Because of their failure or worst policy,many of people losing their jobs, homes, benefits, so they should also give up their benefits, such as retirement benefits, etc..
Each day the office seems to get quieter - and I'm so lucky to have a desk to be at! I was cut from a job in October and managed to get re-hired at a office that I had worked for last year, but left when my hours got cut to 24 a week, and then the job after cut their staff after I was there for 3 months - but the phone is not ringing for hours and there is only so much busy work.... and I work in insurance, no phones ringing is not a good sign. I am scared
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Saw this coming. Sold my house in San Francisco in 2005 for an obscene profit, relocated, bought a house paid in full, shed all debt, put a wad of cash in the bank. Self employed (medical software), $2M revenues, 30% profit, 6 employees, 90% sales international. Having our best year ever. Angry about tax burden (2nd highest in the world). Thinking of backing-off, maybe retiring early. Why should my success and hard work be punished?
If you invest wisely you can defer much of that tax "burden" that you're whining about. (If you can gloat and whine at the same time, there is something fundamentally wrong with you.)
I am a self employed computer consultant for small businesses. So far clients are still sending their monthly support payments but receivables are starting to push beyond 30 days. Hourly work has dropped off considerably in the last month. Two clients have called for computer assistance with employee layoffs. I have saved cash and should be able to ride out the storm. Cheap oil and energy maybe the ticket out of this mess as it was the straw that broke the camels back when oil was $140/barrel. I have faith in Obama but it will take time.
schlitz Pres. Bush got that cheap oil for us from the Saudies. If it stayes to low, for to long....the oil drillers will be loosing their jobs.
The only good thing about cheap oil is that it hurts Obama's buddy Ahmadenajad. Remember they are friends in arms because of their Muslim bond through Kenya.
My job is fairly safe, but my wife's company could not make payroll this pay period; I would be surprised if her job lasts through the end of the month. Since so many families need two incomes to make ends meet, the current 6.7% unemployment rate is hitting a much higher percentage of families. No wonder 1 in 10 mortgages age behind by 1 month or more or are in foreclosure.
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But that doesn't mean that everything is hunky dory. Republicans are the party that destoyed america.