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4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis

 
Pink Nymph
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User ID: 1454877
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08/22/2011 11:34 PM
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4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis
As the economy continues to tank in the wake of congressional budget showdowns and stock market crashes, stories of those hardest hit remain hidden from view. The unemployed and underemployed, the homeless and the hungry have all been relegated to the back pages of our local newspapers; that is, if they are reported on at all.

As America's economic disaster continues its destructive rampage throughout our communities, leaving behind record levels of unemployment, home foreclosures, mounting debt and unaffordable bills, how are those on the edge of the economy coping?
 Quoting: Article


According to figures released by the USDA in 2009, 17.4 million American households (14.7 percent) are "food insecure,” which is the highest recorded rate since surveys were first conducted in 1995. As a result, 97 percent of adults in these households report cutting back or skipping meals to ensure there is enough for their kids to eat. Twenty-eight percent have even given up eating for an entire day.
 Quoting: 1)Skipping Meals: Not Just for Adults Anymore


One way people are coping with challenging economic circumstances is by combining households, which is commonly referred to as “doubling up” or overcrowding. Thanks to millions of foreclosures coupled with record unemployment, countless American families have been forced to move in with family, friends or strangers.
 Quoting: 2) Doubling Up and Overcrowding


You know that trapped, resentful feeling you get in the pit of your stomach when 30 minutes before your workday is over, your boss pops in and asks you to stay an extra 20 minutes after five? Well, that is what the economy is demanding of soon-to-be retired workers, who have spent their entire adult lives working and waiting for the day they can finally relax and enjoy their golden years with dignity.

As six million American seniors struggle to eat, the economic crisis has them postponing retirement to stay afloat. And for those already retired, it's back into the labor market they go.

At least that is the conclusion reached from a 2009 study by Experience Works, which according to Reuters found that “the economic recession is forcing senior citizens out of retirement, leaving them fighting for jobs in a week labor market or risk homelessness.”

Based on the study’s findings, “many of the participants had no intention of working past their 60th birthday, but had to change plans after being laid off or following the death of a spouse. Over a third of the participants had retired. Ninety percent of respondents 76 years and older planned to continue working for the next five years.”
 Quoting: 3) Postponing Retirement 'til Death?


Ervin and Ana Lupoe, a Los Angelas couple, had five beautiful children: 8-year-old Brittney; 5-year-old twin girls Jaszmin and Jassely; and 2-year-old twin boys Benjamin and Christian. But in January of 2009, the New York Times reported that 43-year-old Ervin Lupoe, suffering from a sharp rise in mortgage debt, “killed his wife and five children hours before shooting himself in the head.
 Quoting: 4) Suicide Amidst Financial Hopelessness and Desperation


 Quoting: Read the Full Article Here
Emmeric

User ID: 1457343
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08/22/2011 11:49 PM

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Re: 4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis
I own my own home and both Mercedes, so I can't say I'm "squeezed" as much as others. However, I am retired and lost most of my retirement in futures.

We turned off cable-tellyvision. The programming is all shit anyway and I hadn't watched tv for at least 4 years before turning it off. Savings: $50 per month.

We stopped using lights except when absolutely necessary. We switched to the new flourescent bulbs and unplugged every single cord in the house that wasn't in immediate use. Leaving a plug in the socket result in electricity "loss" for which you are charged. Spend $$$ just to see a red LED on your coffee-maker? Savings: $235 per month.

We stopped ordering pizzas. No more gut cramps and indigestion from all the soy and chemicals and shit. We make our own now. Savings: $160 per month.

We stopped using paper towels to wipe the counters. It's stupid anyway. It kills a tree and leave smears on the counter requiring more towels... We use cotton terrycloth rags instead and takes less time. I just throw the rags into the laundry every day. Savings: $25 per month.

Stopped eating fast food years ago. I whip up meals pretty fast that taste alot better than that gender-bending soy shit you get at fast food places. Savings: $300 per month.

In the kitchen, I buy bulk and changed my food choices from normal to old-fashioned. No more Hot Pockets with their MSGs and gender-bending soy shit that cause intestinal cancers and other maladies. Savings: $400 per month.

That's some substantial money.
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Anonymous Coward
User ID: 1515746
Canada
08/22/2011 11:59 PM
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Re: 4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis
In the winter, you can turn off the rads and close doors in rooms you aren't using. Wear warm clothing. Invest in heavy blankets. turn down the heat at night and when you leave the house. Turn off the electricity in rooms you aren't using from the fuse box. Use hydro on off peak hours. Dry clothes on a clothes line, indoors in winter. Use only one tv, don't have a tv in every room. Plant a garden if possible.
Anonymous Coward
User ID: 821781
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08/23/2011 07:21 PM
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Re: 4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis
THIS ONLY PROVES THAT THE WORLD NEEDS MORE PEOPLE

AN UNDERPOPULATED EARTH CAUSES RECESSIONS

THE ONLY SOLUTION IS WAR WITH CHINA, BRITAIN, INDIA, PAKISTAN, U.A.E, BAHRAIN, IRAN, SAUDI ARABIA, VENEZUELA, NORTH KOREA, JAPAN, RUSSIA, AUSTRALIA, THE UN MEMBERS, NIGERIA, NAMIBIA, KENYA, AZORES, SPAIN, TURKEY, AND MEXICO

THEN THE WORLD WILL KNOW PEACE
Anonymous Coward
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08/23/2011 07:31 PM
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Re: 4 Desperate Ways the Hardest Hit Are Coping with Economic Crisis
We stopped ordering pizzas. No more gut cramps and indigestion from all the soy and chemicals and shit. We make our own now. Savings: $160 per month.
 Quoting: Emmeric


Holy cow, you were ordering and eating 160 dollars worth of pizza a month?

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