Bloggeron

If you are a consumer who might be trying to keep your head above water, then don’t feel too bad because you aren’t alone in today’s economy. With all the lost jobs, homes and their nest eggs are being clobbered because they have to take this money to try to keep their homes and eat. Many are just trying to keep the wolves from their doors.

There had been nearly a half a million people who filed for new unemployment benefits in this last week alone. With a staggering 760,000 people out of work and the government expecting that number to keep climbing, they are saying that the jobless rate could go past 6.3 percent when job loss statistics come out this Friday. This is a lot of people trying to just keep their heads above water.

Not only are we as consumers trying to keep our heads above water, our bigger companies are trying to do the same thing, and most of them are trying to go through the government to get help to keep their companies afloat, where as we don’t have that clout to be able to ask. So we will have to do whatever we can to stay afloat.

You will probably see more families moving in together to try to make ends meet, as the more income that can be brought into the family, the better off you might think you will be. This also has several bad points, too, as some homes aren’t equipped for this many people because of the lack of rooms. With this many people in the same house, the tension will keep getting worse between husband and wife or daughter-in-laws and son-in-laws with his or her parents.

With all of these companies laying off people and with the future not looking any better, this will likely cause more people to lose their jobs because we just don’t have the extra money to buy some of the things that we really need to. We don’t really need a new car or a big screen television. Sure, they are nice and would be great to have, but most consumers will be looking for just plain bargains. They will be looking for only the things that they really need and can’t do without like the water in their homes, their lights and gas, and of course their food, which will be the cheapest that they can find and that is within their budgets.

With a new president coming into office he is really going to be hit with all of these problems, and let’s hope that he can help turn this country around.