10 Reasons Why Ordinary Hard-Working Americans Are About To Really Start Feeling The Squeeze (lawyers, premium)
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American families better get ready to tighten their belts again. There is every indication that we are all going to really start feeling the squeeze in the months ahead. The price of gas is starting to spike again. The price of food is moving north. Health insurance premium increases are being announced coast to coast and a whole slate of tax increases is scheduled to go into effect in 2011. Meanwhile, household incomes are down substantially all over the nation and the U.S. government is indicating that there will not be an increase in Social Security benefits for the upcoming year once again. So if the cost of most of the basic things in our monthly budgets is going up and our incomes are going down what does that mean? It means that average American families are about to be squeezed like nothing we have seen in decades.
American families better get ready to tighten their belts again. There is every indication that we are all going to really start feeling the squeeze in the months ahead. The price of gas is starting to spike again. The price of food is moving north. Health insurance premium increases are being announced coast to coast and a whole slate of tax increases is scheduled to go into effect in 2011. Meanwhile, household incomes are down substantially all over the nation and the U.S. government is indicating that there will not be an increase in Social Security benefits for the upcoming year once again. So if the cost of most of the basic things in our monthly budgets is going up and our incomes are going down what does that mean? It means that average American families are about to be squeezed like nothing we have seen in decades.
I remember my parents speaking of the depression era & some of the stories they told were heartbreaking.
Most of us are having a very rough time now, I just don't know what we will do if it gets substantially worse.
I have heard recently that people suffering from depression in this country has been steadily on the rise & I am sure the economy is one of the major factors.
Well folks best suck it in and start getting their financial houses in order.
It's much easier to weather a storm without a lot of debt hanging over your head.
Just wait..forclosuregate hasn't even gotten started.
This is another subprime in the making..forged notary seals and signatures and approved by lawyers.
AND..not mentioned yet is the mortgage bond market. What do you think backs those bonds ?
Well folks best suck it in and start getting their financial houses in order.
It's much easier to weather a storm without a lot of debt hanging over your head.
You are correct but, the bigger problem is millions that have lost everything from homes,jobs,small businesses,etc, are barely keeping food on the table now & are so buried already in debt, it is all they can do to keep a roof over their heads.
Getting out of debt is going to get much harder.
You are correct but, the bigger problem is millions that have lost everything from homes,jobs,small businesses,etc, are barely keeping food on the table now & are so buried already in debt, it is all they can do to keep a roof over their heads.
Getting out of debt is going to get much harder.
Democrats are ready to tax all right back into the "poor house" which will probably be in the form of forclosed McMansions instead of the work farms of the first Great Depression.
Half the way down is a chart of basic food stuff for 1 year, and the rise in price
wheat is up 75.4 % long list sugar, coffee, all the basic's
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