Tax Rebate Incentive Checks

[BarTopDancer]

KB and CPs posts are both way to long to quote, so scroll up for a refresher.

Originally Posted by Kevy Baby

This too shall pass.

Originally Posted by Cadaverous Pallor

True, after thousands of stores are shuttered, tens of thousands of jobs disappear...

In the mean time, the rental market has gone sky high, demand is rising as supply is waning because it's being flooded with people who are losing their homes. People in the real estate and lending industry are being laid off, as are people in the service industry. How many of those will be able to pay their rent or mortgage for longer than a month or two? Savings is at an all time low while debt is at an all time high in this country. Where are these people going to go when they can't make rent or their mortgage payment?

We also have a hiring freeze. People are being overworked, stressed out and the it trickles down in to effecting home life. Our clients are putting more pressure on their employees and ours to cut down on costs while expecting the same level of service they received before we laid off 25 people (small company, that's a lot). Two of our competitors are about to go under. I work in a specialized industry (my company, not my position). What will happen to those people?

It's easy to say you're (general, not just Kevy) affected by this. But we all are. We're all in this together. The choices that other people make about their finances will effect us all. If enough people choose to stop going to eat at the favorite hole in the wall around the corner it's going to go out of business. What will happen to those people? The trickle down effect from this mess scares me.