Wednesday, March 4, 2009

In an Auto Industry Hometown, a Familiar Financial Road


The State of Michigan is expected to take over Pontiac, a city that seems to be crumbling around those who live there.

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This one is a sobering read. The economic downturn is starting to become a reality for so many people. Even yours truly is feeling the pinch as I try to watch my spending while I continue to look for a job. But reading a story like this really drives home how lucky I am that I already hold a degree and have some money saved up. My heart goes out to the people of Pontiac, and all those suffering the frustration of the economic slow down.

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