thank you...
Posted on 04/17/2009 6:21:04 PM PDT by FromLori
(CBS) Since the recession began at the end of 2007, jobs in this country have been vanishing at an alarming rate - more than 11,000 a day.
More than 13 million Americans are now officially unemployed, and as CBS News correspondent Sandra Hughes reports, that's putting some in an unfamiliar and difficult position: turning to the government for help.
Andrew Balzer never thought he would be standing in line for food stamps.
After working in the corporate world as a staff recruiter, he was laid off in November. He had a six-figure income. Now he has a case worker.
(Excerpt) Read more at cbsnews.com ...
Er, what about saving?
I have never made a big salary, but if I lost my job I would have enough money to live.
You miss the point...this IS the goal for socialist liberals...
The article is celebration....not lamentation...
I feel bad for the family, but it appears as if they had no money in savings. He was laid off six months ago and he is six months behind in his house payments. That means even with a six figure salary he was living pay check to pay check.
Most of these jobs were lost since September 2008. The jobs that have been lost are all in the productive sector of the economy. The government jobs are continuing to grow. Our economy is slowly being destroyed and people don't realize it. They think that this is just some kind of slowdown in the business cycle. America is being turned into a third world dictatorship.
Most of these jobs were lost since September 2008. The jobs that have been lost are all in the productive sector of the economy. The government jobs are continuing to grow. Our economy is slowly being destroyed and people don't realize it. They think that this is just some kind of slowdown in the business cycle. America is being turned into a third world dictatorship.
thank you...
Wake up. That is how 90% of America lives, regardless of income level. Paycheck to paycheck.
His House Payment is/was $3100 a month????
That’s a big payment. On the topic at hand my company is evaluting every quarter and is laying folks off. We are losing money and they are doing everything they can to trim. A new bridge in town does nothing. Obama sucks
I have no idea how people even sleep at night, knowing they’re just a couple of paychecks away from being out on the street. I’d stroke out, I really think I would. I had a bout of income loss, six months’ worth, finally got a job, late summer of last year. I know some of what this guy’s going through, but I had savings to fall back upon.
My husband’s company is doing the same....has been laying people off for a year.....my husband is now probably getting close to being on a list....likely by year end, 1st quarter 2010, but, by then there will be hardly anyone left...I find the prognostications of things getting better VERY doubtful. Maybe in 2011....
Umm, let's do the math here. He was laid off less than 6 months ago, but he's now 6 months behind on his mortgage. So obviously, he was in way over his head BEFORE he got laid off.
There are a lot of places where a $3100 monthly payment, even on a house that you put 20% down on, won't get you much. But this family clearly suffers from financial irresponsibility that goes back a lot further than the layoff date. And frankly, they have no business having 4 children, if they're unable or unwilling to support them while living within their means. Now they're sending the bill to those of us who do live and reproduce within our means.
YEP....Liberals WHOLE SCHTICK is creating havoc, and then sweeping in to RESCUE the affected....when will people wake up? Rhetorical question.
My team is close and my salary comes from a different pool than some. That makes me very vulnerable. I have had my mortgage for 6 months yet have 18 payments in reserve. That is Gods doing and my refusal to take on more debt. I pray this family gets back on their feet and gets a serious financial goal.
You don’t want to know what our house payment is...
If this recession has done anything it has proven that government will not and cannot adjust to shrinking revenues which might lessen the burden on the populace. The burden stays in place and in some cases may increase but it's your problem to deal with, not theirs.
Fund our bloated asses even though we may have created the incentives that led to the problem in the first place. What a rip-off.
I guess he should have saved something from that six figure salary. I don’t feel sorry for him for spending every dime he made!
“He’s already six months behind on his $3,100 mortgage, and one of his two cars has been repossessed.”
Andrew Balzer, account manager for Sharf, Woodward & Associates, an information technology (IT) recruiting firm in Sherman Oaks, California.
I think God is getting even with the guy for naming his daughters Brandi, Bailey, Shasta and Skylar.
If he has another, she will no doubt be named Buffy.
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