These are responses in a post about Mortgage banks failing:
The shakeout continues.
3 posted on 11/26/2007 11:06:18 AM PST by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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To: Moonman62
As I watch the market lose on a regular basis.
And I see the dollar crumbling in value.
And I see my neighbors, nieces and nephews unable to find work or pay their bills.
I wait for freepers to come on here and tell me that the economy is in great shape. Off shoring didn’t hurt us a bit, and Walmart is still full of cheap crap.
4 posted on 11/26/2007 11:13:27 AM PST by brownsfan (America has "jumped the shark")
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To: brownsfan
And I see my neighbors, nieces and nephews unable to find work or pay their bills.
They cant find any work?
5 posted on 11/26/2007 11:26:07 AM PST by Michael Barnes
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To: brownsfan
neighbors, nieces and nephews unable to find work or pay their bills
Job market is still healthy. Unemployment is only 4 something percent.
6 posted on 11/26/2007 11:31:02 AM PST by what's up
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To: Michael Barnes
“They cant find any work?”
Generalizations are difficult. Each person has a different skill set, and different goals. My brother in law found work, in Arkansas. His family is in Ohio, but that’s a small sacrifice right? Heck, I bet some of the lesser qualified people looking for work can find jobs in Mexico and China, right?
Oh, there are jobs available, you can make $8/hr at WalMart. McDonald’s is always hiring. These jobs don’t replace lost jobs, and aren’t suitable for raising a family.
But you knew all that, right?
7 posted on 11/26/2007 11:35:26 AM PST by brownsfan (America has "jumped the shark")
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To: what's up
“Job market is still healthy. Unemployment is only 4 something percent.”
Emperically I tell you that’s wrong, at least in my world. In Northeast Ohio, the job market is weak. And the unemployment rate doesn’t tell the whole story. What about those who are under employed or gave up or ran out of unemployment benefits?
8 posted on 11/26/2007 11:37:46 AM PST by brownsfan (America has "jumped the shark")
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To: brownsfan
Unless they are 5-Star blithering morons, they could get jobs in Houston.
9 posted on 11/26/2007 11:38:11 AM PST by willgolfforfood
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To: brownsfan
I am an independent who sells cabinets and countertops to both homeowners and “flip house” investors. I know my phone ain’t ringing. My particular thing is less subject to competition from cheaper illegal labor than most other aspects of construction. Roofers, drywall, concrete and masonry guys have just closed down altogether. My bills are piling up. I do wonder, though, how much of this is “election year politics”. If Democrats have “given up hope of losing in Iraq”, maybe the economy will work as an issue. I do hold Bush at fault for his failure on immigration as part of the problem.
10 posted on 11/26/2007 11:39:47 AM PST by Emmett McCarthy
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To: brownsfan
at least in my world. In Northeast Ohio, the job market is weak
Yes, the 4% is nationwide. It would not apply in say Detroit or Maine for example where socialism reigns supreme. But in my state the unemployment rate is actually lower than the national average.
Overall we certainly do not have a Hoover-like economy. No way with a nation-wide 4% unemployment rate.
11 posted on 11/26/2007 11:44:45 AM PST by what's up
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To: brownsfan
“I wait for freepers to come on here and tell me that the economy is in great shape. Off shoring didn’t hurt us a bit, and Walmart is still full of cheap crap.”
I and my partner (both over 55 years old) got laid off from IBM back in May after I had transferred my last two accounts out of the country and have been trying to get a job ever since. It’s the first time I’ve ever been on unemployment and I don’t like it. I’m still searching but at 57 I think it’s going to take a while.
The economy sure is great though, isn’t it? :) .........
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