Negatives About the Recession

  • I hate the recession

    Name: 
    lostseattle

    What I hate the most is that we don't know when it's going to be over. I mean, is it like the endless war on Terror? Will the War on the Economy start up soon? Where are the answers??

  • Negatives about the Recession

    Name: 
    unemployed

    The negative effects of a recession are very evident in the lives of many people. Unemployment is one of the worst effects of a recession because its financial impact is immediately felt by employees and their families. And, because the number of unemployed is much higher during a recession, it is also much tougher for a person who lost his job to find a new one. The unavailability of jobs becomes so severe that even those with college degrees experience difficulties in finding work.

  • domestic violence

    Name: 
    Anonymous

    Even though communities are pulling together in various ways to work through the current recession, there are negative aspects. One being domestic violence, along with other crimes such as theft. These are on the rise simply because lack of income causes stress. Stress causes some people to take out their frustrations on people close to them, children, spouses, significant others and even parents. Robbery, armed and otherwise, is more prevalent at this time as well. People are becoming desperate and see no other way to get ahead, other than to take what they need.

  • circular effect of loss

    Name: 
    midwest
    During the current recession, we have seen the circular effect of loss. Loss in income, loss in spending, loss in profits. A manufacturer has to close the business down because people are not buying the product they produce. Employee’s lose their jobs, thus their income, which prevents them from being to able to purchase items other than the necessities of life. Unemployment takes several weeks to receive once it’s been approved, by the time the individual receives it, they may be a month behind in bills.
  • Had to move

    Name: 
    Moving Around
    We had to move from Hermitage, Tn. because interest rates went up making our house payment go up.No way could we afford the increased payment. We sold that home and had to move out of state to find one cheap enough , that was livable that we could afford. Now we miss family so much and are so lonely. Being older people it is so hard to start over and make new friends.
  • I lost my house!!

    I lost my house! This recession SUX!!!!!

    Bert in Nevada

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