It's Everything: From Groceries To Gas, From Mortgages To Investments

While the stock market rebounds, increased costs from the grocery store to the gas pump are impacting all our lives.

For thousands, the situation is catastrophic. They are losing their homes. Others have lost huge percentages in their investment or retirement portfolios.

WITN is continuing its coverage of the tough economy and how it is affecting us. We hope you'll share your comments on this story about how the economy is impacting your daily life and future plans.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Devil Dog Location: New Bern on Oct 15, 2008 at 03:59 PM
    To Jo and meinobox..Just saw an interview with an economist, who went through the great depression. He is now 94 years old and predicts a Bull Market in one week. Now that is encouragement. Hang in there.
  • by meinobx Location: obx on Oct 15, 2008 at 03:18 PM
    To Jo in Greenville. Thank you for saying exactly what I have been thinking. I also am in my mid 60's, retired civil servant, single and cannot make ends meet. Yes, I do have a seasonal part time job or I would probably be at a soup kitchen. No, I have never seen times like this in my lifetime. There use to be a glimmer of hope for the future. Now, I cannot see how owning a home can be in the average Joe 6-packs future. I am putting my prayers into the McCain campaign.
  • by Devil Dog Location: New Bern on Oct 15, 2008 at 08:49 AM
    To INVESTOR...Appears to me all the BANKERS who agreed that the government take them over, instead of letting them fail, are SOCIALIST. Pure CAPITALISM weeds out the inept companies to include banks.
  • by Obama Snake Oil Co Location: Washington on Oct 15, 2008 at 08:41 AM
    I think a lot of people have forgotten the other variable that drove up costs, minimum wage. Remember, brought to you by our NC houses. That is when the prices started going up. This is why this was supposed to be a wage for small business and first time jobbers. Wage goes up, cost goes up. Then comes gas. People bought SUVs and Pickups and used them for daily drivers instead of utility they were originally designed for. Next came raising the speed limit. The faster you go, the more gas you use. Sorry, don't dispute it with me, tried both to find I could save up to 30% on fuel just by doing or under the speed limit. Finally, not everyone can own a house. We are paying the price now for thinking the country could make it affordable. If you bought a home for 250K with only an 800 dollar monthly payment, next time use a bank like the rest of us. You are responsible for your own actions and are paying the consequences of not doing research easily avialable to you.
  • by INVESTOR Location: CHOCOWINITY on Oct 15, 2008 at 07:27 AM
    Banker is right in the long term your investments will be find. This mess never would never had happen if it was not for Obama and his ACORN for getting people loans for homes when they did not even have a job. Now Pres Bush has to fix this mess the Dems gave us. If Obama gets in will he ACORN us into a depression. O for Devil Dog I have never met a Socialist Banker.
  • by Devil Dog Location: New Bern on Oct 15, 2008 at 06:15 AM
    To BANKER..Are you planning on SOCIALISM or CAPITALISM?
  • by BANKER Location: NC on Oct 14, 2008 at 01:37 PM
    People have lost HUGE percentages of there investments on paper? The Stock Market is coming back. It goes up and down and up. If you did not sell in the panic. You did not lose any $$$$$ it is all on paper. Do not panic. Pres. Bushes recovery plan is just starting to kick in. In time your invesments will recover and you will be fine. We must believe in America. Our Country and Business will prosper have faith. WINT I think you are just baiting people here with DOOM & GLOOM. Grocery cost always go up. In 1965 you could get a Large Bag of Potato Chips and a 12 oz Soda for 25 CENTS. not today. Yes some people are doing Bad & Some are doing VERY WELL People are spending $$$$$ You can not even get a parking space at WalMart. Many Investor made a lot of $$$$$ yesterday. With the Dow up almost a 1000 Points. If you want to tell WINT your sad story be my guest?. Foe evey sad story. There is a good story. The good story people do not bother to tell anyone.
  • by Nick Location: Eastern NC on Oct 14, 2008 at 12:51 PM
    These are hard times and probably only going to get harder. I have lost one of my vehicles and getting ready to lose my house. My kids dont understand and honestly, I dont either.
  • by Jo Location: Greenville on Oct 14, 2008 at 11:02 AM
    These are some of the hardest times I remember and I am in my 60's. My son who has 4 children was laid off from a large company in Pitt Co. My 401K is down 44% and I wanted to retire in a couple of years, probably won't happen now. Food and gas are out of sight and Greenville taxes are unbeleivable. Everything cost a lot more, but wages haven't gone up. I am very concerned that we are heading into a depression and I'm not sure our government can stop it. After all the government is in worse shape than we are.
  • by singlemom Location: grifton on Oct 14, 2008 at 10:13 AM
    I'm a single parent w/ two kids. I couldn't afford to buy a home before because there was never enough money to save for a down payment. But now w/ gas & groceries going up so much I'm currently looking for a second job just to make ends meet (or at least come a little closer together)
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