Tag-Archive for » US recession «

Thursday, January 24th, 2008 | Author: Holly

Well I’m sad to say I probably won’t be getting any of the help that the government is giving out. I believe I made just under the $3000 limit last year. I think it’s something silly like 2900 or close to it that I made, but at least something is happening. I’m still not sure if it will help, but we will have to see.

It does look like people with children will be getting some extra help. People with children will now get an extra $300 per child, this will help my sister who has 3 kids. She also just had a baby so she will get a very large amount back for taxes. Hopefully she doesn’t waste it!

The bad part is that they are not going to be adding anything to unemployment or food stamps, but doing this has made the government rebate open to more people. I’m not sure what to think about this. I feel that the government really does need to do more, but at the same time I’m sure they are trying to watch their spending. There being responsible for once. I think I’m shocked!

If you want to read more about this story it’s on Yahoo! 

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Tuesday, January 22nd, 2008 | Author: Holly

After the last few days I have started to realize that the government still does not have a good idea of how bad it really is out there. The ideas they have will help some, but I think they will come too late to hold off anything. Michigan of course is the worst off state right now, so I may be seeing thing differently then others.

Right now here it is hard to find work, it’s even harder when you only have 2 years of work experience and your in school. It’s also hard when there are so many people who have years of experience looking for work. The auto plants are leaving and they are not coming back. It’s just not feasible in the world economy. Getting paid $30 an hour to push a button is ridicules and all it did was hurt the people who made minimum wage more. They couldn’t afford all the nice thing the auto workers could. Do I blame the workers, not really, I blame the union. The auto workers union has ruined Michigan and I for one am actually happy to see them leaving. It will make life better overall as people will actually be able to afford some things they couldn’t before. Of course this is all a few years down the road.

I don’t want people to think I hate all unions, I don’t some are not too bad, the auto union though is horrible and they have made it so that US auto companies can not compete. Thats all I’m saying. So what do you think, is the US going to have a long hard recession or do you think we will get out of it quickly?

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