Posted by
A real American on Tuesday, October 14, 2008 12:00:00 AM
We all stand at the edge of nothing right now, The Federal Government cannot do anything because the left don't want things done so they can blame the right for the reason. Personally, Its like two kids on a School ground arguing over who's dog is the best. The truth will hurt all so the truth is not spoke for this reason. But here it is in a nut shell, The economy is in the dump due to the cost of gas. Now before you start saying that this is wrong, look at the facts. The people about 4 years ago were doing OK so they started buying homes and not renting because they could no longer use the rent as a deduction on their taxes. Now these people could make the payment on their new home, But just. The Gas prices stared to go up more and more until it started cutting in on the money they needed to make the house payments, It took more money just to even go to work in their cars, That was bad, Then the cost of food went up, The cost of just about everything went up because of the price of gas. The when they could not make the payments on the home, The didn't have a choice but to try to get out of the payment. Then when enough people wanted to get out of these house payments it started this failed mortgages. Now, to show this let me brake it down what it takes to live in Georgia around Savannah.
$800 a month= $9600 a year. --- Rent
$45 a month= $540 a year--------phone
$120 a month = $1440 a year -- Elec.
$50 a month = $600 a year-- trash pick up and water and sewage
$350 a month =$4200 a year- Car payment
$100 a month=$1200 a year Car Ins.
$150 a month=$1800 a year for gas for the car if only going to and from work
$200 a month=$2400 a year for food
$50 a month =$600 a year for cable TV
$700 a year for clothes
$500 a year for car to be maintained, Oil, Filters and other things.
As you can see, It looks easy, But then you have to look at the pay most family make a year. Most jobs around here are under $12.00 an hour, The you look at what most Men make next to Women.
Now some may say that thes cost are not bad, Come here and find a job where you and your family can live on. I worked at WalMart for 5 years and My pay was only $8.76 an hour, I started at $7.50. I did my job and never had one bad thing said about the job I did. So you see, The jobs here while they may be good jobs, Don't pay well enough for the price of gas and the price of all the other things that the price went up in the last 4 years. So the trouble starts at the pump, Not at the banks The Federal Government is lost because they all can live well with how much they make. The People who have to really work for a living are just Voter's to tis Government. What is needed in the Government is some Common Sense. But thats Just how I see it.