Feeling the Pinch
Inflation. Rising prices. A country that imports and doesn’t produce enough to export and offset the imports. The three trillion dollar war. Baby boomers are retiring in mass, or hoping to retire soon. Social Security. Medicare. Landmark foreclosure numbers. Economic slowdown. Rising oil costs. $4 per gallon at the pump…
These are buzz words that I’m sure you have heard quite enough of lately. But it is important that we do not simply ignore these words that make us cringe and that one 9 letter word that has taken on the same aspects of four letter foul-language words: “recession,” not to be uttered in polite conversation.
Indeed, times will be getting rough and this will be happening very fast and soon. We will all feel the pinch and be forced to consume less. Not necessarily a bad thing. But one group that I am concerned about:
The senior citizens. These are the people who have been paying into social security with the belief that it would be there when they retire and they would need little else to live comfortably and not have to work. This belief is no longer so. I have noticed it to be commonplace to see senior citizens pushing carts at the grocery store, waiting on me at restaurants, cutting my hair, etc., and I can’t help but wonder: was this what they were planning to do when they reached this age? Is this what they had in mind for retirement?
May 12th, 2009 at 6:34 pm
who does not feel the pinch?
January 26th, 2010 at 11:43 pm
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