leticia

And there's a lot of people who'd taken out expensive morgatages on houses which they figured they could sell before long, and lots of people who just have morgatages they took out or refinanced when houses were more expensive. That's where a lot of people have been getting their money to basically afford living, because wages have been stagnant or falling for most of the Republican presidential eras. So people aren't going to spend as much over Christmas, which means stores are going to cut hours (only to the employees, not to the people who guessed how much the stores would make), so customers will have less money, so... Yeah.

Our economy's fucked up.