Aug 2, 2009
So, the first month of 2009 is almost over and it seems that so far the new year has been nothing but bad economic news after bad economic news.
Last week, the folks at the US watched as big companies cut more than 100,000 jobs (with over 70,000 jobs lost on Monday alone), the stock market tumbled, and home prices continued its freefall. Congress played politics over the stimulus package (it passed the House strictly on party line votes) and – surprise – Wall Street continued giving billions in bonuses and perks ($87,784 for a rug, anyone?)
How’s 2009 been treating you? Did you lose your job? Have trouble making ends meet? What do you think needs to be done to fix the economy? Can the economy be fixed? I’d love to hear from you.