I have been connecting some other dots....
The shutdown is a problem when the Feds have so many fingers in the pie, no doubt.
BUT—When Obamacare kicks in & people find out how expensive it is going to be & how high a series of decuctibles there are:
What will they have to give up?
Many homeowners who are already paying mortgages on proof of money they earned before their hours were cut to 30 per week will have to make some choices.
They are earning less & will have to pay seriously spiked premiums for ‘health care’.
Will they give up their cell phone plans? A penalty connected to that, for sure.
Will they turn in their newer car & drive an older one instead? Fat chance. They have been brainwashed to believe that only the NEW cars are safe!!!
Will they give up the beauty parlor & manicures? Not betting on that.
350 channels on their TV? Not so sure about that, either.
Dining out & family gatherings?? No—not that.
Will they find themselves paying their mortgages later & later??? Perhaps. There isn’t as much instant gratification with a mortgage payment as there is with a cell phone or a new haircut.
This will start another complete round of foreclosures-—just when the home market was starting to feel a little better.
Watch what happens-—within another year, before the 2014 elections, the foreclosures will go waaaay back up.
See if I am wrong. Remember I have said this.
Makes me feel kinda blessed to have been raised poor.
Things have got to get pretty bad before “hardship” becomes depressing. Basically I’d have to reach the point of living in my van and even that might be tolerable.