Blog #3 – The Impact of Recession on Teens
The impact of recession on me and my family has been unexpected. I moved out here with half my family because we had to. When two years ago we were almost living like little millionaires. It was scary how fast it happened and how on the turn of a dime we almost lost every scrap of what we owned, more from the reasons of debt and the decline of income from jobs (that supported us four times over before) that suddenly decreased in payments, and when payments were given. For me and others some differences between us like debt and jobs, can be a small difference or somewhere completly different on the map. But either way from what I’ve seen and what has just happened to my family and I, the recession is affecting many people and I do believe much of this world. I support that changes to certain ways and actions that help to make opportunities for many populations, is a very bright and good idea to help us all through these hard times. That may get very much worse sooner or later.
February 12th, 2009 at 3:54 pm
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