Thanks Ed B. for this. It is an excellent view of what has happened to our economy at a personal level.
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Bruce
"John G. is 63 years old and owns a small business. He's a life-long Republican and sees his dream of retiring next year has all but evaporated. With the stock market crashing and new taxes coming his way, John assumes now that he will work to his dying day.John has a granddaughter. Ashley is a recent college grad. She drives a flashy hybrid car, wears all the latest fashions, and loves to go out to nightclubs and restaurants. Ashley campaigned hard for Barack Obama. After the election she made sure her grandfather (and all other Republican family members) received a big I told-you-so earful on how the world is going to be a much better place now that Obama and her party is taking over.
Having lost both roommates, Ashley recently ran short of cash and cannot pay the rent (again) on her 3 bedroom townhouse.. Like she has done many times in the past, she e-mailed her grandfather asking for some financial help."
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