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Is this a full blown recession, or just a slump.?

OK lets get real, my husband is a solicitor in England and we are struggling to survive, with the legal aid fee of £45 an hour we can't survive. Sounds good but no, One fee coming in and 4 wages coming out of it. Hubbies, secretary, receptionist, book keeper. How on earth can the solicitors survive on £45 an hour, now that more and more people are entitled to legal aid due to losing their jobs in recession. Lots of solicitors are pulling out of legal aid and it's the poor people that lose out when they can't find a solicitor to help them locally. The way it's going we will be on benefits ourselves and needing assistance. My husband doesn't know how to do anything else but be a solicitor. By keeping the legal aid fee at £45 solicitors are turning away the poor, when will the legal aid commission get with the real world and put up the hourly rate

Asked By: Tay - 10/3/2008
Best Answer - Chosen by Asker
Well, not technically a recession or a depression. A recession is 2 consecutive quarters of negative GDP growth, and a depression is 4. Why it sucks now is stagflation. We do have growth, but inflation is greater than that growth... More
Answered By: poor_yorick - 10/3/2008
Additional Answers (1)
It sucks here in the states too Bad news is this is just getting started This will be called the Great World Wide Depression
Answered By: Your Parents Were Idiots Too - 10/3/2008
 
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