Quote Roundup: ‘Little Hope for the Economy’ in Palm Springs, Calif. (ContributorNetwork)
Posted on Wednesday, August 3, 2011 - 05:48 am2010 left Americans with a divided Congress, mixed economic signals and questions about personal finances. So what happens in 2011 -- more of the same or real progress? To get an idea of which road Americans think -- and hope -- the new year will take, Yahoo! Contributors asked them for answers.
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PALM SPRINGS, Calif. -- After 2010's changes in national politics, residents in this Southern California city and in the surrounding desert communities chimed in on the chances that the economy would rebound in 2011.
Do you think your financial situation will improve in 2011?
"I think we have at least another two years of trouble. My financial situation is a mess. Hopefully in 2011 it will improve. But until we get someone else in office, it is doubtful. Our economy has completely gone down the tubes. And unfortunately I don't see much relief in sight." -- Joseph Walsh, real estate investor, Ranch Mirage
"My parents lost their home last year. My father built that house over 50 years ago, and now they live in a mobile home that is less than half of the size of their home. So unfortunately for my family, it really doesn't matter if our financial situation improves in 2011, the damage has already been done. My father's heart is broken. He worked so hard his whole life to keep a roof over their heads and now after a lifetime of work he feels like a failure. It is heartbreaking." -- Elisha Smith, accountant, Cathedral City
"I know a lot of people are being faced with hard times right now, but thankfully my family has not been affected too much by the economy. Unfortunately I don't see much improvement for us financially but I don't see it getting much worse either." -- Pete Salazar, custodian, Indian Wells
"Our financial situation cannot get much worse. We are currently foreclosing on our house and live on a fixed income. We don't have the money to stay or go. We have never been this bad off in our entire lives. Two other neighbors on our block are foreclosing on their homes as well, so it is not just us suffering. We are not really sure what to think as far as the economy improving but we are certainly not putting our trust in the government." -- Beatrice Johnson, retired, Palm Springs
Do you think it is possible for Obama and the GOP will work together to improve the unemployment crisis in 2011?
"Unfortunately Obama and the GOP are too busy with their back-and-forth game to actually accomplish anything. The unemployment problem in America will get better as soon as these politicians realize that their crappy decisions impact people's lives. This is not just a game of cat and mouse. I am a college-educated person and have been unemployed for more than a year. I have paid into the system my entire life and I cannot even get any help from my own government. I am losing everything I own because I cannot find a job for more than $8 per hour. It is absurd." -- Lennox Shields, unemployed, Palm Springs
"I hope they start to work together for the sake of the people of our country. People are losing their jobs every day and are having a hard time finding new ones. It is really sad. I have never seen so many people begging for help as I have the last year or so. People are just desperate and have nowhere else to turn. I am not sure how Obama or the Republicans will fix the problem, but someone has to do something." -- Liz Burton, store clerk, Cathedral City
Given the recent changes in the House, do you think the economy will show some improvement in 2011?
"I don't know about the economy in general, but I do believe that there will be more job opportunities in 2011. But unfortunately they will be lower-paying jobs. With any hope, we will see some relief in the form of tax cuts, so that the lower and middle class can actually survive this crisis. We seem to be the ones that are affected the most" -- Jela Louise Coleman, housekeeper, Desert Hot Springs
"At this point, there is little hope for the economy in my eyes. It is impossible to predict what will happen in 2011 because all politicians are liars. They tell America what we want to hear to wiggle their way into office and once they are in, they will use their position of power solely for their benefit. It is completely ridiculous. As long as the government is run the way that it is, there will never be enough changes to make a difference anyways." -- Randy Sanchez, restaurant manager, Cathedral City
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Posted by World on Wednesday, August 3, 2011 - 05:48 am.
Filed under Uncategorized, World.
Tagged with: economic signals • economy • home • house • office • Stock Market • Stocks Market • World Economy • World Markets • World Updates
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