Happy Friday, no just kidding it isn't. Seems people are in more of a stressful state than this time last year.
No kidding? Are we better off than last year at this time? Do you have a job? Is the stock market up? Is Obama still president of the United States of America?
High levels of unemployment and the strain of housing costs continue to keep U.S. households mired in financial distress, according to CredAbility’s Consumer Distress Index results for the second quarter.
The data suggests Massachusetts residents are a little more distressed than a year ago.
For the quarter ended June 30, 2010, American households scored a 65.2 on the index’s 100-point scale, up from 65.0 in the first quarter of 2010, yet still below the score of 66.5 for the same period one year ago. A score below 70 indicates a state of financial distress.
The average U.S. consumer has been in financial distress for eight consecutive quarters, according to the Index.
I know, I do have much to be grateful for and I am but the state of the union is deteriorating and we have two full years to go until all elected officials are replaced and a new recovery can begin. My husband is under the impression that it may already be too late and we should start making alternative plans for when it gets really bad. He may be right, I know he is not the only one who feels that way. Well, have a nice weekend, keep the faith, and stock up.
My thoughts on Mother Teresa:
Happy Birthday to Mother Teresa who would have turned 100 years old yesterday. She was a tribute to faith, hope, and charity and the human race she cared for. She does not need to be recognized by lighting the Empire State Building in her honor because it does not change the fact of her life one way or the other. Truly a noble, Nobel Piece Prize recipient.