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learningboutinv

12/07/08 12:39 PM

#66278 RE: omandan #66243

OT - Omandan, I recently had 4 friends that got laid off. It's scary out there. One, was on a business trip trying to drum up more business the week of Thanksgiving. They called him, told him to fly back that same day so they could lay him off. Then his wife gets a call right after T-giving on that Monday and was laid off. I fortunately have been lucky and found a job after applying to 30 jobs with one call back after 2 months of searching in the Seattle Area. (Been busy ever since with work/long hours but am happy that at least I am employed.)

So I've only been in lurk mode.

GLENO34

12/07/08 12:57 PM

#66279 RE: omandan #66243

Dan,
I was out of work for a few months severa lyears ago and it is hard to explain the feeling in your gut..I guess fear is the best way to describe it tho..Most working people are just one paycheck away from bankruptcy..From the looks of the situation, we are in for a long downturn..It took us about 8 years to get to these lofty heights and I just don't think we can turn around in just a few months..?? Maybe Yobama will do some magic but how can we just keep increasing out debt and have the system survive.?? Really scary..However the young people will pull us through this..My kids have no worries about this at all..