Posted on 09/20/2010 8:35:38 PM PDT by Frantzie
Patricia Reid is not in her 70s, an age when many Americans continue to work. She is not even in her 60s. She is just 57.
But four years after losing her job she cannot, in her darkest moments, escape a nagging thought: she may never work again.
College educated, with a degree in business administration, she is experienced, having worked for two decades as an internal auditor and analyst at Boeing before losing that job.
But that does not seem to matter, not for her and not for a growing number of people in their 50s and 60s who desperately want or need to work to pay for retirement and who are starting to worry that they may be discarded from the work force — forever
(Excerpt) Read more at finance.yahoo.com ...
I did not vote for hope and change, I was laid off, my sister was laid off too. The people who voted for that SOB in my office are still working.....
If they were over 45 in 2008, then they belong to the most anti Obama age groups, most of them voted against Obama. The Obama victory came from the 45 and younger set.
Well it is sad and all too real, for those that voted for the Democrats and those that didn’t.
What’s happening is companies are reacting to the economic conditions and slashing the workforce. Guess whose jobs get cut first? Those in their 50’s close to retirement, but still needing to work.
When companies hire - they hire the young. Infuriating.
not to sound heartless but its hard enough finding a job without fighting people who have twenty or thirty years more job experience than I do.
It’s an employer’s market.
We talked about this possibility right after the campaign, and it is extremely troubling to see this one coming true.
There will be no good answers for these people until we can get past Obamunism, and if they voted for Premier Hussein then this really is those chickens coming home to roost.
It’s a slaver’s market.
Same here. I have never seen the job market this bad.
Politics aside, this is the reason why we can’t raise the Social Security age any higher.
No one wants to hire a person over 50. Especially if you have one of those professional jobs like an engineer or a business manager.
The people in Congress trying to raise the age to help pay off their reckless spending don’t have to worry about this problem. Even if they lose their job, they have fat pensions and they dont have to wait until 67.
So how much longer will the masses of unemployed keep taking it?
Thank God were sending all of those jobs to China, so I can spend 50 cents less on a pack of pens and save a couple of bucks on a shirt.
Which explains the push to make citizens of illegals. We have aborted much of the replacement generation so that enough young Americans aren't "contributing" to the social security ponzi scheme. By adding illegals, current politicos hope to push the day of reckoning beyond their lifetimes.
It is very sad. The young voted for his but 65 and over
“Voters aged 18–29 voted for Obama by 66–32 percent while elderly voters backed McCain 53–45 percent.”
Baby boomers over 45 just barely went for McCain.
People who watch TV are idiots because all the TV 6 networks support Obama and the 911 Victory Mosque. All the 6 TV networks including Fox have investments and deals with the Saudis and they all are very pro-Islam.
Wow. Never work again? I am under 50 and don’t feel that way. I think that the economy will come back as it always does. Cycles happen. Goodness the 70’s were horrible and so were the early 80’s. The 90’s were the best of the U.S. which is why many feel this way.
If I could afford camouflage, then I would fight from the hills, or at least I would if there was a guerrilla outfit that would install some kind of lift to get up and down those hills.
I wonder why she didn’t start her own business immediately? When you think of America 100 years ago, it was full of small businessmen, also known as “farmers.”
Believe me, I’m not criticizing this woman — I haven’t walked in her shoes. But when laid off, she apparently took an extensive vacation, cashed in her retirement savings, etc. Obviously, she was planning on finding a job created by someone other than herself. And from the brief background in the article, one wonders why — it’s not like the business she’d likely set up would be one that required her to set up a factory or something else that required a big capital outlay. She’s clearly a brain worker. Plus she had the advantage of a practically free medical plan that keeps some workers from setting up their own business.
I’m truly wondering. Why is it that we are this way, that we don’t create more small businesses? And especially when we are young? Have you ever noticed that even recent college graduates are almost all looking for a “job” rather than to create a businesses for themselves? Colleges even brag about the number of “placements” their recent graduates have obtained rather than the number of businesses they created.
Someone has to create our jobs. If we don’t, who will?
As long as TV can keep brainwashing the idiot massses with ball games and reality TV. The elites control America through TV. It is ALL bad - ALL of it.
Demonizing O’Donnell, Boehner and Palin while making the muslim a saint. Fox’s biggest signle shareholder is not murdoch but the saudi king’s nephew.
Until people cable and sat TV then they probably win. They make almost no money off local free digital tv. Ad revenue but that is it.
Government now makes it even more difficult to start a business, and if you want health insurance as a business owner, good luck with all that.
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