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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (80238)9/24/2011 11:03:07 AM
From: Ilaine  Respond to of 217764
 
I did hear on the radio yesterday that the Federal government is telling federal employees in charge of purchasing to shop at Costco.



To: Ilaine who wrote (80238)9/29/2011 6:51:34 AM
From: elmatador  Respond to of 217764
 
America today, if you are able to keep your home from being foreclosed and you are able to put food on the table and clothes on the backs of your family then you are doing pretty good

17 Ways American Families Are Getting Pulverized By This Economy


Michael Snyder, The Economic Collapse | Sep. 28, 2011, 1:16 PM | 15,428 | 16

How in the world does the average American family survive in this economy

The median household income is a little bit less than $50,000 a year right now. So let's call that about $4000 a month. But before any of that money gets spent, you have to take out at least $1000 in taxes. That leaves about $3000 a month to pay all the bills with.

Click here to see how families are getting slammed >

With that $3000 you have to pay the mortgage (or rent), make the car payments, make the student loan payments, pay for power and water, pay for health insurance, pay for home insurance, pay for car insurance, pay the phone bill, pay the Internet bill and pay the cable bill. On top of all that, every member of the family needs three meals a day and the cars need to be filled up with gasoline or they won't go anywhere. Of course I haven't even mentioned expenses that don't happen every month such as car repairs or new shoes.

No wonder so many families are feeling so financially stressed!

The truth is that American families are getting squeezed harder than they have been in ages. The number of good jobs is declining, incomes are going down, and the cost of living just keeps going up.

Most American families are living in a state of almost constant financial stress. Way too many parents are spending way too many sleepless nights wondering how in the world they will be able to keep their heads above water for another month.

Very few families seem to have "extra money" for stuff these days. Yeah, there are the "privileged few", but most people are really struggling to get by.

In Read more: theeconomiccollapseblog.com