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Tuesday, June 7, 2011

New Hard Times


Michael from Norfolk wrote about how we are headed for the next great depression. My response follows. BTW, Michael is a very sharp guy and his blog is well worth following.


I'm no expert but as I see it, the people in government live fairly privileged lives. They have no idea what it's like to be living on less than a shoe string. They really don't care about how much people are struggling.
I find myself in the unlovely position of depending on others to be able to eat for the two weeks between paychecks because even though I work full time I'm having to pay back the 5 payday loans I found it necessary to obtain while doing a month's unpaid internship. My credit isn't good enough to qualify for a regular loan, and I maxed out my one credit card. I am what you call the "working poor." I am marginalized--I make too much money to qualify for food stamps or other public assistance, but by the time the mortgage is paid, I have nothing at this point. I literally consider suicide every day. For me (and I'm sure not the only one) the next great depression is already here.

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