Is the recession really that bad ?

I've heard about times being hard with the economy and all..But I live in Canada and we always get these things a little later, so things are apparently slow..but nothing had really changed.. If you're american..What's really going on..Has it really gravely affected everyone..? Do you really see the difference ? Oh prices have gone way up !

Asked By: Shelby - 3/5/2009
Best Answer - Chosen by Asker
"NEW YORK ( -- This year's special rebate checks haven't been mailed out yet, but Congress is working on a foreclosure-prevention bill in conjunction with more proposals aimed at stimulating the economy... More
Answered By: gayatri g - 3/5/2009
Additional Answers (4)
It`s affecting everyone to some degree or other. Either in small ways - and in major scary ways... More
Answered By: - 3/5/2009
It's bad for the unemployed. And there are lot more unemployed now than before. But of course, not everyone is unemployed. And it's not equally bad for everyone.
Answered By: Alvie - 3/5/2009
Yes, it is bad. Our Congress has no real viable plan to keep the recession from becoming a depression. The political party in power is more concerned with retaining power by increasing governmental control of sectors of the economy. They know that once you make citizens dependent upon government it is hard to wean... More
Answered By: Caliban - 3/5/2009
Yes but it is going to get worse.
Answered By: psikeyhackr - 3/5/2009
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