Thursday, October 2, 2008

How the Economy Is Really Impacting Families And Businesses

Right now all the hype is about the $700 billion bailout package that somehow has turned into the $800 billion bailout package, and the fact that credit will dry up without it. Well the real question should be whether the package will help the already struggling family or business that's barely making it. The Cleveland Plain Dealer profiles the economy's impact on 5 families, respectively. While the Detroit Free Press profiles the economy's impact on Michigan homeowners and businesses.

The bottom line is that even when the bailout package passes, it's still going to be very rough treading, and life as all of us has known it has changed forever in terms of the economy and expectations. We just have to adjust with the new times that we're all facing.

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