Wednesday, October 8, 2008

Economic hardship from a tax payer

Well, if it doesn't look like the end of the world as we know it. This economy is going down fast. Let's not forget the $700 billion dollars the US government blowed in the wind last week. If it wasn't so sad it would be funny. All of these politicians told us that we were not competent enough to understand what was happening in our economy and so they pass this bill and guess what nothing happened. I am just ticked that these Wall Street millionaires are getting their pockets full while I am spending a total of $1700 a month to IRS. That being what is withheld from my dh's paycheck and what we owe in back taxes from "our failed business." The US government in my opinion is just robbing Peter to pay Paul and we all know that doesn't work. So where does that leave this family? In debt and barely scrapping by. Of course we have a desire to be debt free but that desire came along right before our business went bust and we haven't made huge process in paying down our debt. We have however, made progress in frugal living. I just told my dh that if the rapture doesn't occur in ten years time (which I actually think it will) that I should become quite the expert on frugal living. We are staying put and doing much of nothing while we wait. Wait to get out of debt and wait to see what this economy is going to do. I personally think that a little would have went along way. Instead of passing this monster bill, the government should have looked at alternatives. Maybe refinancing default mortgages and giving people with ARMs just a better rate. Most people want to keep their homes if possible so I think they just need a little break. I don't think liquidity is such an issue. I know people who have just went this week and gotten loans of over $10,000. It is just perhaps people with good credit getting the loans and we are just not use to that. I really hope that no one gets a wild idea to add fuel to the fire. All we need now is some sort of second fear such as attack on our soil, food shortages, or more of the gas shortages and this country could be in for all out chaos. I have to admit, I do find it interesting to watch some of these rich CEOs and politician freak out over the economy. I think they are more concerned than average Joe not because we do not understand economics but, because they do not understand surviving poverty. Most of us at some part of our lives have dealt with severe economic hardship. We know what it is like to eat pintos for every meal. But the upper class probably doesn't. Anyway, our Saviour will see us through. One question, anyone know what to do when the kids get cabin fever and you can't go anywhere? It is starting to hit here and they are bored. Don't get me wrong, being bored builds character, but sometimes I need to get some work done and it is hard when they want me to entertain them. God Bless!!

3 comments:

Tara said...

Cabin Fever, well that's a hard one. If I knew I would be more than happy to share it with you, but unfortunatelty we sleep or cry when we have cabin fever. Thats been quite a bit lately with mommys birthday, anniversary and such. If you have chalk show them how to color on paper with it and then smear it with their fingers. Layering the colors is really pretty to. Just an idea if you have chalk at home. Love you guys, Tara

Tara said...

colored chalk that is, you can highlight with white.

Mrs. Random said...

Amen sister!

My hubby said the only bright spot in the bailout was that at least our congressman had voted against it.

Cabin Fever is much harder to cure when your little ones are "little". Its so much easier to give the older ones projects that they can work on.

What about letting them pretend to go on a trip? They can make a train out of your laundry boxes. They can get dressed in dress-up clothes. They can put their favorite stuffed animals in the train for the trip. Your little boy looks old enough to draw a map for the trip. (My boy loves drawing treasure maps.) They might play in the laundry basket train for a while. Then you can have a picnic style snack or lunch in a room that you don't usually eat in just to be different.

Even short walks in the neighborhood can help break up the monotony of being at home all the time. And walks are good for you too!