Saturday, September 5, 2009

Are We Looking At The Next Great Depression?

This is a very interesting clip that I think warrants a viewing.

Our government officials tell us that unemployment is at 9.7% right now. That is bad enough, but what about people that lost their jobs (that they had for many years) and are getting severance pay for awhile? They aren't considered unemployed yet because they haven't filed for unemployment.  What about them? What about people who are forced to take minimum wage jobs just to live, but it is not enough to cover their bills?

Scary to think about....but are we headed for the next Great Depression?

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