Writing for Media Assignment Example | Topics and Well Written Essays - 1250 words

Writing for Media - Assignment Exampleually might have lived a little bit nicer, because gas was so ofttimes cheaper. His comments were mirrored by his girlfriend, Marla, who laughed when asked about savings and relate rates, saying I havent make enough to put any money away for years, what do you think? If the interest rate were 0 or 10% it couldnt make a difference to me.Though state budgets have been viciously slashed by the recess, neither of these two nation seemed to notice the difference they made too much money to be eligible for Medicaid already, and so did not face rollbacks there, and relied on very few other modes of social support.Certainly other people who made less or who were more reliant on social welfare may have had a very different experience, but for some, it is clear that being poor meant that the recession did not take a huge bight out of standard of living.The economic situation seemed much more dire to those in the lower middle and middle classes. Youngh ee Jan, 62, for instance, had worked as a welder and a post office clerk singly for 35 years before attempting planning to retire around 2010. Planning to retire to a littler but distinctly nicer house in a nicer neighborhood than he had lived for most of his life, Mr. Jang decided to vitiate a house in 2006, having moved here from northern California.His divorced wife tells a exchangeable story. They sank a great deal of their nest-egg into a down payment, negotiating what seemed then like a low icy interest rate and feeling certain that they could make their payments based on their pensions, especially given how much of the house they had already managed to pay off in a large down payment. As the recession worsened, however, they suddenly found themselves holding the bag on an unsustainable mortgage.The low interest rate they locked in at was almost twice as high as what one could get for a home add now, and they find themselves, like many people, with a house that could not clear the mortgage