It’s official, economists say, the U.S. is in a recession. So now what?
While those on both sides of congress point fingers and offer opinions, those of us stuck in the middle(class) are wondering what to do next. Gas prices have been on the decline, but we have yet to see a corresponding dip in food prices and other related goods and services whose prices skyrocketed during the summer heyday of high gas prices. Now reports are surfacing that gas prices may be “on the rise” again.
“Bailout” has become a four letter word, often associated with corporate greed and dirty dealings. It seems that all business is now bad business. While some CEO’s dare to ask for multi-million dollar year-end bonuses, everyone else from office staff to laborers are facing layoffs at alarming rates. Unemployment is up, wages are down, and the rest of us are stuck in the middle.
The verdict is painfully obvious: the economy is definitely Bitter.
