Things are bad. I’ve had to take a pay cut, but for now I still have a job. Almost 1 out of 10 Californians seeking work are currently unemployed. It’s projected to get worse. Someone on TV argued that America’s priority should be to “fix the mortgage mess,” but I think it’s jobs, jobs, jobs. Without jobs, people can’t pay their rents, mortgages or pay their bills.
Yellen said consumer spending had been stopped in its tracks as American households have hunkered down and acted to boost their savings in response to spiraling unemployment and a “staggering” $10 trillion loss of household wealth.
Janet Yellen, President of the San Francisco Federal Reserve Bank, as reported by Reuters
I Wish to God I never saw you, Mag.
I wish you never quit your job and came along with me.
I wish we never bought a license and a white dress
For you to get married in the day we ran off to a minister
And told him we would love each other and take care of each other
Always and always long as the sun and the rain lasts anywhere.
Yes, I’m wishing now you lived somewhere away from here
And I was a bum on the bumpers a thousand miles away dead broke.
I wish the kids had never come
And rent and coal and clothes to pay for
And a grocery man calling for cash,
Every day cash for beans and prunes.
I wish to God I never saw you, Mag.
I wish to God the kids had never come.
Poem by Carl Sandburg, Mag
