September 19, 2008
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Economy
I know there’ve been a lot of people up in arms about the economy and how the government is handling it. I don’t know everything about the economy, and I don’t pretend to know. But I do now that the US government is handling this very badly. The money shouldn’t be going to the banks that have the CEO’s that make millions, 1% of the population. The money should be going to the everyday consumer that can’t afford to keep up with their mortgage payments. It should be going to the people that are getting their homes forclosed on so maybe they can just barely get by…then the banks wouldn’t be in such trouble… To the people that work hard for a living and have to struggle every day to make ends meet.
Whatever. So, I make $13.50/hr. When I work just 40 hours in a week with no lost time and no overtime, my paycheck is $469.97. When I work OT, I get time and a half. I worked 4.5 hours of OT last week…guess how much my paycheck is this week…. $462.84. So you know what I get for trying to make a little more money for bills? $-7. WTF. So my OT money went to AIG and whatever other banks that the government is bailing out. I guess I should just bend right over and stay there because the government likes to rape people. I think thousands of people should storm the steps of congress, turn around, drop trou, and bend over…with messages to the government written on their asses. What a picture that would make!! While it would be briefly comical, it would be the sad truth. I believe it wasn’t all that long ago that “the experts” were on TV saying how the worst was over and there’s nothing to fear and blah blah blah. It was only a few months ago, if I’m not mistaken. I knew then that they were essentially full of shit. I knew back then that things were going to get worse. And they are. And they will probably get worse for awhile. I truly don’t think the economy has hit bottom yet.
The housing market continues to get worse, and more and more homes are getting forclosed every day. I think it’s because no one raises wages, and inflation continues to go up, the cost of living goes up, but everyone still makes the same monies. Plus, no one has fixed mortgages rates, so when those go, they have to pay more money…that they don’t have because they have to buy milk (which has gone up more than a dollar in the last year or two if I’m not mistaken) and bread for their families.
