The Rosy Nightmare

One of the fall outs of recession was the job cuts- the pink slips handed out by the companies, rendering many thousands unemployed all of a sudden. And the rip off to this pink slips and wage cuts is the cut in spending patterns. The middle class suffer the most in these sorts of situations, having to balance payment on all fronts that show inflationary tendency. The cost of health care, housing loans, children education expense and other amenities going over the roof, life indeed becomes miserable. But the silver lining would be the active intervention by the government in correcting the situation.