Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Internet Search
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
General Discussions
The Watercooler
Are you afraid of the economy on the skids? Are you affected?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="muttmeister" data-source="post: 197649" data-attributes="member: 135"><p>Right now this isn't affecting me too much: I have no big investments to lose; I'm retired so I don't have to worry about losing my job - my retirement pension is from the state and our state is not too bad off financially so I think the pension is as secure as anything can be; my house is paid for; my property taxes are low. I do have a lot of credit card debt that I am trying to pay down but as long as I have money coming in each month I can continue to pay it down. My biggest problem is gas (I live in a rural area so I have to travel many miles just to buy the basics and there is no such thing as public transportation here) and energy costs plus health insurance (I won't qualify for medicare for a little over 4 years. I currently have a plan that has a $2500 deductible so I would only use it for a serious illness and at that it pays only 80&#37; so if I got seriously ill it would throw me into bankruptcy even with the insurance).</p><p> </p><p>I do think that, in spite of all that, this thing is going to affect us all eventually. I'm not sure the other shoe has dropped yet and I'm not convinced that "they" know what to do about it. Not being political here - I just don't have much faith in either party or both together to get this fixed without a lot of pain for the general public. I think it will probably get worse before it gets better. </p><p> </p><p>I know there are a lot of things most of us can do to economize. But many of us are not willing to do it. Most Americans are very spoiled. Yesterday my mother (age 94) was talking about how she and her family got by during the depression in the 1930s. I don't think people would do those things now. We'd probably have an armed revolt if things got that bad. My generation and those who have followed have done without very little. Yes, some of us are poorer than others and we all know about using grocery coupons and going to GoodWill to shop but boiling potato peelings to make soup and going without a winter coat and freezing our feet in the snow is beyond most of us. I think the older generation may be stronger because of what they went through but I hope we don't have to go through the same things as I don't think people now are psychologically equipped to do it.</p></blockquote><p></p>
[QUOTE="muttmeister, post: 197649, member: 135"] Right now this isn't affecting me too much: I have no big investments to lose; I'm retired so I don't have to worry about losing my job - my retirement pension is from the state and our state is not too bad off financially so I think the pension is as secure as anything can be; my house is paid for; my property taxes are low. I do have a lot of credit card debt that I am trying to pay down but as long as I have money coming in each month I can continue to pay it down. My biggest problem is gas (I live in a rural area so I have to travel many miles just to buy the basics and there is no such thing as public transportation here) and energy costs plus health insurance (I won't qualify for medicare for a little over 4 years. I currently have a plan that has a $2500 deductible so I would only use it for a serious illness and at that it pays only 80% so if I got seriously ill it would throw me into bankruptcy even with the insurance). I do think that, in spite of all that, this thing is going to affect us all eventually. I'm not sure the other shoe has dropped yet and I'm not convinced that "they" know what to do about it. Not being political here - I just don't have much faith in either party or both together to get this fixed without a lot of pain for the general public. I think it will probably get worse before it gets better. I know there are a lot of things most of us can do to economize. But many of us are not willing to do it. Most Americans are very spoiled. Yesterday my mother (age 94) was talking about how she and her family got by during the depression in the 1930s. I don't think people would do those things now. We'd probably have an armed revolt if things got that bad. My generation and those who have followed have done without very little. Yes, some of us are poorer than others and we all know about using grocery coupons and going to GoodWill to shop but boiling potato peelings to make soup and going without a winter coat and freezing our feet in the snow is beyond most of us. I think the older generation may be stronger because of what they went through but I hope we don't have to go through the same things as I don't think people now are psychologically equipped to do it. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
General Discussions
The Watercooler
Are you afraid of the economy on the skids? Are you affected?
Top