Recession Hitting Middle-Aged The Hardest

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First Posted: 05-15-09 11:01 PM   |   Updated: 05-15-09 11:26 PM

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Middle Aged

New York Times:

IN this recession, it is better to be old. Being young has some advantages, too.

But being in the middle of the spectrum -- in your 30s or 40s -- seems to be the worst place to be.

Read the whole story: New York Times

IN this recession, it is better to be old. Being young has some advantages, too. But being in the middle of the spectrum -- in your 30s or 40s -- seems to be the worst place to be.
IN this recession, it is better to be old. Being young has some advantages, too. But being in the middle of the spectrum -- in your 30s or 40s -- seems to be the worst place to be.
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The SURPLUS that was left to the cheney/bush admin was for social security & medicare, BUT BUSH gave it away to those who propped him up and put them in office. 9=11, invading a country for revenge & war profiteering, spending 10 billion a month on a war of choice.
WE are in this MESS because of REpublican GREED and dishonesty.
Prosecute for war crimes the whole lot of them.ASAP

    Favorite    Flag as abusive Posted 07:18 PM on 05/17/2009
- MadHeart I'm a Fan of MadHeart 154 fans permalink

Those are middle aged people in that photo, all right, probably 50s and 60s. Those body types are very indicative of high blood pressure, high cholesterol, and diabetes due to faulty diets and processed food that has been pushed on the American people (who were more than willing to let someone else make those decisions for them). These are the people who will be on Medicare soon if they're not already.

Wake up, people. Take care of yourself because no one else is going to.

    Favorite    Flag as abusive Posted 11:29 AM on 05/17/2009
- Dameocrat I'm a Fan of Dameocrat 3 fans permalink
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processed food is cheaper than organic food, so it is a little bit puritantical and silly.

    Favorite    Flag as abusive Posted 03:39 PM on 05/17/2009
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False. Processed food is NOT cheaper.

    Favorite    Flag as abusive Posted 05:25 PM on 05/17/2009
- ebanks84 I'm a Fan of ebanks84 124 fans permalink

Well if you not old or young, it seems you're up the creek without a paddle. I hope you guys make it threw without being too mistreated by this recession and I'll say a prayer for all of you to be safe.

    Favorite    Flag as abusive Posted 11:10 AM on 05/17/2009
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I would love to have universal heath care !!

my grand son recently got very ill his life threatened by this illness

I remember my son in law saying to the doctor is this about money the doctor said yes my son in law almost lost it and said please don,t say this is about money this is my son,s life were talking about
I must admit some thing broke in me that day !

I cried for two days why? because it seemed money was more important then a six year old little boy who was in so much pain getting the care he needed to get well

I will never be the same for we now worshiped more then life

I never want a parent to ever go though this ever it is criminal I tell you !!!!!! to do this to families

    Favorite    Flag as abusive Posted 10:51 AM on 05/17/2009
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worshiped money

sorry could not see though my own tears

    Favorite    Flag as abusive Posted 10:52 AM on 05/17/2009
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Unfortunately, our health care system is all about the money and not those suffering. We need universal health care, but our leaders and the insurance industry will never let it happen.

    Favorite    Flag as abusive Posted 04:00 PM on 05/17/2009
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Well it is part of the culture we live in and some people have a direct experience with the callousness of American values and society when they face a health crisis.THi is where it gets played out in a way that hurts since it is about life and death.

We are close to having a similar system to South Africa's where people die because they are not treated by hospital unless paid for in advance- could be anything any emergency and people have been turned away from the better hospitals or left to bleed to death for not coming up with the money.

    Favorite    Flag as abusive Posted 05:29 PM on 05/17/2009
- SangZe I'm a Fan of SangZe 36 fans permalink

We're in a depression, not a "recession." Things will not get better until the entire system is reconsidered, something Obama is unwilling and probably unable to do. We need to learn how to live with less, including less garbage TV and three cars in the garage. It is interesting to note that one reason seniors do a bit better than others is the benefits they gain through Medicare. This fact alone should tell Obama something, though he doesn't seem willing to listen.

    Favorite    Flag as abusive Posted 08:30 AM on 05/17/2009
- jordan3189 I'm a Fan of jordan3189 20 fans permalink

Too bad about the cbo's concern over that pesky 1 trillion plus start up cost. Funny how liberals whine about the cost of health care, but gloss over that little nugget.

    Favorite    Flag as abusive Posted 08:52 AM on 05/17/2009
- BruceHNV I'm a Fan of BruceHNV 64 fans permalink

When it happens to you, it's righteous indignation. When it happens to anyone else, it's whining.

    Favorite    Flag as abusive Posted 12:45 PM on 05/17/2009
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Looking at Americans from Wall Street’s Point of View:

1. Americans Cost TOO Much compared to Chinese, Asians, and Africans
2. Americans Consumers are 65% of our Economy, but we can make consumers out of the rest of the world with some marketing and time.
3. “Main Street America is no longer relevant or worth saving!”
4. “Look what we have done to small towns throughout middle America - many near Ghost towns!”
5. “Main Street Americans don’t Produce Like we do on Wall Street!” SanSilly quote!
6. “If you can make it big on Wall Street you can make it anywhere!”
7. “The only things that matter are Wall Street and our Position in our Elite Society!”
8. “America owes us for making this Economic Success!”
9. "We don’t need a healthy Main Street!”
10. “Ignore Main Street Americans they don’t even know what is going on!”
11. “There is a sucker born every minute America lets find a WAY to take him/her!”
12. "Build other countries' economies and consumers!"
13. "If they were dumb enough to sigh that "TRICK&TRAP" contract they had better pay!"

    Favorite    Flag as abusive Posted 08:30 AM on 05/17/2009
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Why the picture of a bunch of Big B_utts doing Nothing when referring to the Middle-Class?

The Middle-Class does not look that different from Wall Street? I have seen plenty of tubbies on Wall Street!

Stop the stereotyping!

    Favorite    Flag as abusive Posted 03:28 AM on 05/17/2009
- Tommygun264 I'm a Fan of Tommygun264 222 fans permalink
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If those hunched over gray-hairs in the photo are in their 30's and 40's, they must have had hard lives. I'm 45 with a terminal blood disorder, well past my projected expiration date and I look like a spring chicken compared to them.

    Favorite    Flag as abusive Posted 10:42 PM on 05/16/2009
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There's something strange here--the liberal template is usually "World ends, minorities and children hit hardest!" This is really bizarre...what's the political gain in saying the middle class are hit hardest? Must be something big...

    Favorite    Flag as abusive Posted 10:39 PM on 05/16/2009
- ohmetoo I'm a Fan of ohmetoo 27 fans permalink
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I beg to differ, being old you do not have the time to recover what was lost in 2000 meltdown, and now the 2008 meltdown. Too old to work, and to old to wait it out, just screwed.

    Favorite    Flag as abusive Posted 08:28 PM on 05/16/2009
- Tulka2 I'm a Fan of Tulka2 296 fans permalink
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Laid-off boomers will never work again without single-payer health care which is removed completely from jobs.

Hello? Older workers were laid off first because their health-care premiums were many times higher than their younger co-workers. As soon as the economy began to tank, business laid them off.

Or...? There's always solent green. Or what was the suicide drug in Children of Men? Oh yeah, "Quietus".

    Favorite    Flag as abusive Posted 07:28 PM on 05/16/2009
- Chernynkaya I'm a Fan of Chernynkaya 650 fans permalink
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You nailed it. My thoughts exactly.

    Favorite    Flag as abusive Posted 09:29 PM on 05/16/2009
- Luvial I'm a Fan of Luvial 17 fans permalink

It is not a recession or a depression. It is something a lot bigger than that. It is a fundamental shift in spending habits. The government is doing all the wrong things which will make things a lot worse. Save your money, folks. Stop spending, you are going to need every penny to survive what is coming.

    Favorite    Flag as abusive Posted 05:49 PM on 05/16/2009
- Tulka2 I'm a Fan of Tulka2 296 fans permalink
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Sweetie, you have just summed up tea bag economics. Save it for what? There will be nothing to buy. The people who will survive this are the people who can network and make community.

    Favorite    Flag as abusive Posted 07:34 PM on 05/16/2009
- mairs I'm a Fan of mairs 243 fans permalink
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My friends in their late fifties and sixties haven't been spending. Their retirements are gone now because of the market. Save what money? They've been saving their entire lives and it's gone.

    Favorite    Flag as abusive Posted 09:07 PM on 05/16/2009
- DFL I'm a Fan of DFL 40 fans permalink
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When we get to the point of people not being able to put food on the table anymore, remember who got us into this fix, remember which houses had the bush / cheney signs out front in 00+04 and.....

    Favorite    Flag as abusive Posted 09:10 PM on 05/16/2009
- DogLeg I'm a Fan of DogLeg 2 fans permalink
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Not mine...In fact, I spray painted on my new $1200 garage door "Kriminals voted for Bush" with florescent paint. Yes, I used a 'K' instead of a 'C.'

    Favorite    Flag as abusive Posted 03:08 AM on 05/17/2009
- elsellel I'm a Fan of elsellel 2 fans permalink

Folks, can we proceed to calling this a Depression now? The word, recession, is such a joke in describing how teeteringly bad off we really are.

    Favorite    Flag as abusive Posted 05:36 PM on 05/16/2009
- Tulka2 I'm a Fan of Tulka2 296 fans permalink
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How about. "The first and last, worldwide, capitalist face-plant". So much for letting pirates rule.

    Favorite    Flag as abusive Posted 07:36 PM on 05/16/2009
- Tulka2 I'm a Fan of Tulka2 296 fans permalink
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Or... truest and saddest of all, it will be called "War" over most of the world.

    Favorite    Flag as abusive Posted 09:12 PM on 05/16/2009
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it's all about spin...remember how long it took for them to even admit it was a recession.

    Favorite    Flag as abusive Posted 11:51 PM on 05/16/2009
- TainoBoy I'm a Fan of TainoBoy 48 fans permalink
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I just wish we all could be successful. It’s so hard to see people struggling even those who cause this mess. America, we need to become innovators again.

    Favorite    Flag as abusive Posted 04:51 PM on 05/16/2009
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People in my age group, 40-49, are in for a rough ride. Most of my friends have seen their 401K's reduced to ashes. Those with pension plans fear the long term stability of those plans. And those who have lost jobs are scrambling to find work in an ever-shrinking market with ever-shrinking pay and benefits. This is a good time to self-employ, hustle, market your labors independently. Office work is a dead end. Has been for decades.

SOT

    Favorite    Flag as abusive Posted 04:31 PM on 05/16/2009
- Tulka2 I'm a Fan of Tulka2 296 fans permalink
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Network, share, laugh. It's a new world and when it's over, it will be a better one.

    Favorite    Flag as abusive Posted 07:38 PM on 05/16/2009
- mairs I'm a Fan of mairs 243 fans permalink
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By the time it's over we will be long gone. Maybe better for the next generation in 20 years.

    Favorite    Flag as abusive Posted 09:09 PM on 05/16/2009
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Can't say I recall any "good times" per se. We had a brief interlude with the Clintons but they were also part of the problem (NAFTA, Auto Industry). After 9/11 NYC was a seriously depressing place to be and it's never really recovered.The gains in the stock market under Bush were simply not sustainable.

Collectively we haven't caught up to the New World order where chaos and instability is the most profitable business to be in- wars, private milita, private security, arms dealers etc....some people are doing well in this recession.

    Favorite    Flag as abusive Posted 11:56 PM on 05/16/2009
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