Much of the growth was fueled by a "robust" RE market the past 6 years. Now it is coming apart like the proverbial house of cards. Well actually mortgage defaults going up has been in the news for at least a year, things are just coming to a head now.
Coupled with reduced domestic funding available to finance this war for oil, lots of municipalities have had to cut way back. I am an LPN. I work for my state. The facility I work at has lost about 10% of the staff due to cuts. Other facilities have experienced similar situations.
I work four 10 hour shifts. It is hard work. Some of you who don't know better, will say I'm a lazy union employee making $20 an hour for sitting on my butt. Other than being a union worker, none of that is true, not of me or any of my co-workers.
This means good jobs paying $14-16 per hour have vanished from your community. The lower middle class workers that make your community function the way you'd like.
2007-03-29
05:20:26
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4 answers
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Anonymous
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