Recession or Depression?

Jess · 04-13-2010, 01:05 PM

In our little corner of the world...

http://www.martinsvillebulletin.com/...e.cfm?ID=18322

and unemployment funds running out...

http://money.cnn.com/2010/04/08/news...less_benefits/

One of our two grocery stores closed down recently. Food Lion and a Lowe's Food's were the only competition for Wal-mart until FL closed in the past month. Like the good capitalist pig they are, Wal- mart immediately fired quite a few full time employees replacing them with part timers now displaced from FL. We do have one tiny little pvtly owned market that is of course understocked and over priced, but we buy our meats there as they are fresh cut and better than the other options.

The median income for a household in the county was $28,705, and the median income for a family was $36,232. Males had a median income of $25,391 versus $18,711 for females. The per capita income for the county was $15,574. About 9.60% of families and 13.40% of the population were below the poverty line, including 15.40% of those under age 18 and 18.00% of those age 65 or over.( This paragraph from census reportings)

So, around here.. whether it is a depression or recession, it's pretty damned depressing.

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04-13-2010, 01:05 PM	#7
Jess Timed Out - Permanent How Do You Identify?: decidedly indifferent Preferred Pronoun?: other Join Date: Nov 2009 Location: Patrick Springs, VA Posts: 2,812 My Photo Gallery Thanks: 9,247 Thanked 5,700 Times in 1,682 Posts Rep Power: 0	In our little corner of the world... http://www.martinsvillebulletin.com/...e.cfm?ID=18322 and unemployment funds running out... http://money.cnn.com/2010/04/08/news...less_benefits/ One of our two grocery stores closed down recently. Food Lion and a Lowe's Food's were the only competition for Wal-mart until FL closed in the past month. Like the good capitalist pig they are, Wal- mart immediately fired quite a few full time employees replacing them with part timers now displaced from FL. We do have one tiny little pvtly owned market that is of course understocked and over priced, but we buy our meats there as they are fresh cut and better than the other options. The median income for a household in the county was $28,705, and the median income for a family was $36,232. Males had a median income of $25,391 versus $18,711 for females. The per capita income for the county was $15,574. About 9.60% of families and 13.40% of the population were below the poverty line, including 15.40% of those under age 18 and 18.00% of those age 65 or over.( This paragraph from census reportings) So, around here.. whether it is a depression or recession, it's pretty damned depressing.