Spook said: (quoted from post at 19:58:31 05/28/08) I really haven't been too concerned about the economy lately, but a couple of things are getting my attention:
Home values continue to slide. Double digit down.
Forclosures still going up.
Home equity loans are dissapearing. A lot of people relied on the "piggy bank" house.
Ford is cutting +12% salary guys. More plant closures and hourly layoffs. GM and Chrysler won't be far behind. Suppliers too.
Energy costs up.
Food costs up.
Wages down.
Unemployment up.
I am 53, and I have never seen it this bleak. Do you guys see any improvement soon?
In 1975 when I graduated from High school You could not get a job an McDonald's. I know I tried and was told that the only applications they were taking were from men with children. Shortly after Jimmy Carter had interest rates up to 18%+. This was after the oil embargo gas went fro $0.30 to $1 gallon in a few short months. Its been MUCH worse people are spoiled.
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Today's Featured Article - Women and Tractors - by Teri Burkholder. The View from the Garage - Never a doubt, everything on our farm is a learning experience. I've been working very hard to get our two rundown Farmall A's sanded, primed , bondo�d, fiberglassed and painted before our big local tractor show called the Tulip Festival. My husband Ben came in the garage one rainy day to see if he could "help". Well if you knew Ben you wouldn't want him anywhere near your spray gun, fiberglass or bondo! So I pulled out the 2 old yucky looking magne
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