Jan 09 2009
The economy
Job report was rather gloomy they say. The worst since 1945. It is just crazy. I really feel for people who are struggling in this economy. I live in west Texa, and we have not been hit thus far. Our local economy was actually booming with the ridiculous oil and gas prices, but that is starting to turn. Many oil companies are laying people off, and when that happens it will destroy our local economy. The really bad thing about it is that most oil workers are totally untrained in any other area. Several of them do not not even have a high school diploma, so when their oil job goes they are really destitute. Guess we will have to wait and see just how bad it gets. They say things will get worse before they get better. Serena
