Severe Economic Suffering Is Taking A Very Heavy Toll On Millions Of American Families
Scoop Publisher Francesco Abbruzzino
Have you ever been at such a low point in your life that it seems like there is no hope of ever turning things around no matter how hard you try? Right now, there are millions upon millions of Americans that have been emotionally crushed by this economic downturn, and many of them have completely lost all hope. Those around them may be telling them to “hang in there”, but month after month goes by and nothing ever seems to get better.
For a moment, I would like for you to consider a scenario. Imagine that you own a successful small restaurant somewhere in the country. Despite the odds, the restaurant has been successful enough over the years for you to make a living, but now during the COVID pandemic it has been bleeding red ink for months. You keep putting more of your own money into it to keep it alive, but now your own bank account is running dangerously low. The office job that your wife had was always a steady source of income for the family, but she lost that job shortly after the pandemic began. Unless your wife can find a comparable job very quickly, you won’t be able to pay the mortgage in a couple of months. Meanwhile, the drug company that produces the medicine that your son depends upon to survive just raised prices for the third year in a row and your family doctor just told you that your daughter desperately needs surgery. At the same time, your hot water heater needs to be replaced and something is wrong with your vehicle but you are afraid to take it to the mechanic because of how much it might cost.
Does any of that sound familiar?
Yesterday, I discussed the fact that 8 million more Americans have fallen into poverty during this economic crisis. With each passing day, the middle class is getting even smaller, and a recent Pew Research Center survey found that approximately one-fourth of the entire country has “had trouble paying their bills” during this pandemic…
A new Pew Research Center survey finds that, overall, one-in-four adults have had trouble paying their bills since the coronavirus outbreak started, a third have dipped into savings or retirement accounts to make ends meet, and about one-in-six have borrowed money from friends or family or gotten food from a food bank.
When you know that there isn’t going to be enough money to pay the bills this month, that can cause an extraordinary amount of mental stress.
If that has ever happened to you, then you know exactly what I am talking about.
Sadly, financial anxiety is one of the biggest reasons why so many Americans are suffering from mental health issues right now…
************************************
Facebook is going to great lengths to restrict my page from showing up in your feed, unless I advertise with them. Their algorithm gives a higher score (see more of my postings) if individuals like my page and belong to my Scoop News Group. Join the group today by clicking —- >>> here.
