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09-24-2008, 08:54 PM
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E +5.75 / S +1.0
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Join Date: Aug 2008
3,894 posts, read 1,044,778 times
Reputation: 1069
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Poll: How are you personally doing?
Funn thing about the economic crisis - most people I know from all backgrounds think they are doing fine. How about you?
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09-25-2008, 12:17 AM
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Senior Member
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Join Date: Jun 2007
1,580 posts, read 822,572 times
Reputation: 706
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Well, the business I work for is being hit really hard by price increases for raw materials. This means layoffs, and for me, a cut back in hours so severe that I won't be getting that health insurance I was hoping for unless I get a second/different job.
Oh well. Other than that I'm doing pretty well. I have a roof over my head.
ABQConvict
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09-25-2008, 09:22 AM
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E +5.75 / S +1.0
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Join Date: Aug 2008
3,894 posts, read 1,044,778 times
Reputation: 1069
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This is interesting, and consistent with the results of the same poll in the General Forum. Many people still feel that they are doing fine. I urge everyone to be cautious, but recognize that the media plays a large part in shaping our thoughts. Fear is rampant in the media right now.
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09-25-2008, 09:56 AM
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It's snowing...!! :-)
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Join Date: May 2006
Location: The Great Southwest
4,037 posts, read 3,070,609 times
Reputation: 916
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Quote:
Originally Posted by NewMexicanRepublican
This is interesting, and consistent with the results of the same poll in the General Forum. Many people still feel that they are doing fine. I urge everyone to be cautious, but recognize that the media plays a large part in shaping our thoughts. Fear is rampant in the media right now.
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I couldn't agree more. MSM is also oriented to the very liberal, and is working very hard to get certain candidates elected.
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09-25-2008, 09:56 AM
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Sex Pedi Tres
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Join Date: Dec 2006
Location: Southern New Mexico
9,954 posts, read 8,018,074 times
Reputation: 6020
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Well sadly we in the Apartment industry are Booming as more and more people get tossed from their homes with all this housing crap and mess we are in so our numbers are booming in our industry as they are moving into Apartments/Duplexes etc...but at the expense of many home purchasers losing getting the ax...
But again we are BOOMING !!
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09-25-2008, 10:15 AM
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Green please!
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Join Date: Jun 2008
Location: Burque!
3,019 posts, read 1,760,253 times
Reputation: 480
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I am doing well, but I'm in Houston... so we've been isolated from most of the housing decline. I don't think I'll have near as much job security in ABQ.
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09-25-2008, 11:07 AM
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Senior Member
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Join Date: Jul 2006
2,380 posts, read 1,361,173 times
Reputation: 1054
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I am doing very well, but I wish I could say the same for my retirement accounts. Bail out or no bail out, my investments will take a hit.
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09-25-2008, 11:12 AM
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Senior Member
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Join Date: May 2007
Location: Bella Vista, Ark
10,903 posts, read 5,396,872 times
Reputation: 1986
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Quote:
Originally Posted by NewMexicanRepublican
This is interesting, and consistent with the results of the same poll in the General Forum. Many people still feel that they are doing fine. I urge everyone to be cautious, but recognize that the media plays a large part in shaping our thoughts. Fear is rampant in the media right now.
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We can blame anyone or everyone, but the real blame in my book: the greedy lenders, the greedy purchasers and most the stupid media. I don't care if its Fox (my choice) or MSNBC.
Now, how are we doing? Luckily I guess, we don't have all that much money to worry about : we seem to be doing fine, no, I don't want to get the statement next month, but the following month who knows. It could be worse.
Nita 
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09-25-2008, 11:23 AM
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Senior Member
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Join Date: Jul 2006
2,380 posts, read 1,361,173 times
Reputation: 1054
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Quote:
Originally Posted by NewMexicanRepublican
This is interesting, and consistent with the results of the same poll in the General Forum. Many people still feel that they are doing fine. I urge everyone to be cautious, but recognize that the media plays a large part in shaping our thoughts. Fear is rampant in the media right now.
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No need for the media to spread fear, George W did a pretty good job of that last night.
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09-25-2008, 11:30 AM
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Senior Member
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Join Date: Jan 2007
Location: Londonderry, NH
12,480 posts, read 6,046,080 times
Reputation: 3955
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I posted this answer elsewhere:
We could be better and likely to get worse. Most credit paid off. Wage income effectively fixed and inflation is slowly, well not so slowly, eating up the disposable income. Vacations to new mexico and elsewhwere are canceled for foreseeable future because of increases in fuel and lodging costs.
We are not living nearly as well as we did during the late 90’s and we expect that our income will stay the same, or drop drastically if and when I retire, while inflation will continue to erode our ability to do anything more than keep working full time.
I do not know if this economy will accelerate or delay our retirement to New Mexico.
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