Originally Posted by
DetroitDad
Sumas, I agree 100%!
I'm in a tough situation myself, and have friends and family who are doing worse. These are good people, some with degrees. This is a complete network of business owners, web designers, IT workers, engineers, veterinarians, ware housing employees, auto parts suppliers, GM employees, retail workers, and food service employees. All are facing tough times and that means that pretty soon, they can no longer help each other out. That means it's only a matter of time before some of these people are out of options and forced to go to the bread lines or homeless shelters. Now these are also people with a large network, many others don't have that, if anyone to help them out. When you are facing 8%-15% unemployment rates, you are going to have some people wiped out.
It is not unreasonable for once respectable people not to be able to find work if they were self employed or in industries that do not easily transfer to other industries. People on this forum are reporting that it's taking them as long as a year to find employment. There are simply not enough jobs out there to go around right now.