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Used Car Dealerships In Richmond Va Bad Credit, The Great Recession Knocked Them Down. Only Some Got Up Again. – Western stories usually start in the same way: job losses, house losses, savings. His tip is much wider.
The New York Times journalists interviewed hundreds of people during the Great Depression, many of the darkest days. We talked about five more.
He was a former employee who hoped the Bible was unsuccessful in the midst of job search; a recent graduate assesses its potential in the sterile labor market; The owner of a home in Florida looking for a board test could protect him from closing.
Used Car Dealerships In Richmond Va Bad Credit
In the past few weeks we came back and found out what happened next. Some are progressing, have lost the recession or even used it as a springboard for success. Some could find their place, but they could not get lost.
For others, the recession was a moment when everything collapsed. Many seemed to be completely missing and left behind false phones, obsolete addresses, and abandoned Facebook profiles.
We are talking about people who come from different backgrounds, industries and regions. But for each of them there were moments, good or bad decisions, little happiness or bad luck, which defined their present situation.
Here are your five stories.
Go back far
Dante Whitfield is a long journey to nine years.
When Times interviewed Mr. Whitfield in 2009, he was unemployed and quickly became homeless, slept with friends on the armchair, and lived in the McDonald’s Value menus.
“I remember that some nights were so hungry that you had a ketchup or a mustard stew,” said Whitfield, 44, today. Now, the Real Estate Consultant in Tacoma, Washington, which develops customers, collects savings and plans for the first time over a decade in the future.
“I find it economically more secure than 20,” he said.
Whitfield was a curvy way to join his new security. He moved to California in 1999 just in time for the roller coaster. He was only in the middle of the twenty-first century. He soon worked for the Silicon Valley communications company and received $ 60,000 as an administrative assistant.
Even shooting the blasting technique gave only a small drop. Whitfield quickly found a job in San Diego and finally returned to San Francisco when the economy continued. He said he did not care.
“I took it for granted,” he said. “I’m still in a lot of money and thought that it would stay that way.”
That is not the case. Whitfield started in 2007 and this time the recovery was not fast. The next two years were mostly unemployed, and even though he found a job, he almost did not fall. At one point, he had three jobs that earned only $ 500 a week. He fought against depression.
Whitfield eventually went to Tacoma, where his girlfriend encouraged him to fulfill his dream come true. In January, he received an intermediary license and quickly established a clientele. Whitfield announced that by the end of the seventh transaction, since March, it had reached $ 1.6 million in total revenue.
“These other brokers do not know what kind of hunger they do not have a house,” he said. “It gives me the benefit.”
Once again, Mr. Whitfield respects the budget and develops contingency plans if the real estate market becomes smoother.
“I learned the lesson,” he said. “We already have drought”.
Plan B was good for Jason Martin.
Martin started his last year in sports and entertain at the University of South Carolina in the autumn of 2008. Shortly after the matriculation examination, the unemployment rate of the elderly at the age of 20-24 was 15.2%.
“My original intention was to find a job,” Martin said in an interview in 2009. “But there are many people in the economy who have graduated and can not afford coffee.” get a potential employer. “He added:” High school is definitely a blueprint B. ”
Martin has enrolled in the Master of Science program at Sports Leadership at Virginia Commonwealth University. His parents paid most of their lessons and the tuition fee covers the remainder. University research is an important starting point for participating in a one-year training program at the Disney Sports Complex ESPN in Orlando, Florida.
Martin, 31, is a leading consultant at C Space, a market research and consulting office in Boston. She also participates in a half-day school to receive an MBA degree from which she receives a grant, scholarship and savings compensation program.
Martin is pleased with the 2009 breakthrough in the year. “I’m not sorry,” he said. “I felt I needed a bit more flavor and four years college is not enough to prepare me for the job market.”
“If I did not, I do not know where it would be,” he added. “I still believe I’m successful, but I do not think I have responsibility today.”
Terri Sadler could retire.
1990s Sadler worked at 3M’s Indiana factory. It was a good job with social benefits and pension arrangements that would allow him to retire at 55 years of age. But Mrs Sadler, then thirty, left her job, convinced she could find something better. He never did it.
“I’m really angry and I went out and I believe that this was the beginning of a slowdown,” he said. “I’ve never had a sense of security with this work.”
Sadler was, however, confused. He also found other jobs at the factory, including one in the automotive industry in the mid-2000s, which brought him to $ 18 per hour.
This stability was short lived. In 2008, he lost his job and did not find a new one. As he talked to Times in 2010, his unemployment benefit was stopped and they were directed to members of the Church to help their car.
Mrs Sadler, Richmond, Kentucky, has been working for breaks over the past eight years, but none of the jobs have been paid for much or for a long time. His current car hire earns him much less than his old factory and requires a 50 mile ride. However, he fears he will disappear in September after the probationary period ends. He is afraid to find another job at the age of 60.
Sadler said he tried to be optimistic, but it became more difficult. His car seems to be broken every time he saves money, he said. He dreamed to leave the village to retreat; Now he suspects he can retire.
“I would like to go on vacation, I want to pay for this jeep, I want to do something to my cousin, but I can not do it,” she says. “I could not live in a US dream and too late.”
Scars that have not been improved.
When Meg Fisher lost his job at the beginning of 2009, it was not a milestone, at least not at first glance.
The lawyer’s secretary, Fisher, has already been abandoned and has always found a job quickly. Even in the middle of the recession, he thought he was highly qualified, having two decades of experience and a strong professional network, was able to rise again.
Instead, Fisher took over a year to find a job, and when he finally found it, the deal did not last long. Since then, he has not found a full-time job. Today we do not look back.
“I will probably never return to complete formal training,” said Fisher, 56.
Refusal rejected more than half of his family’s income, which exceeded $ 80,000 a year. Mrs Fisher’s husband was the head of a local pharmacy but by the end of 2009, the family was declared bankrupt. Three years later, fishermen lost their homes in the suburb of Atlanta after a forced auction.
At worst, they turned to food. They took some retirees, one, as they later found, the hero when their daughters slept in the adjacent room. Mrs Fisher’s greatest street, she said, is the effect of family drama on two underage children when she lost her job.
“They do not remember that they live when we went out for dinner if we wanted or bought what we wanted,” Fisher said.
Finally, fishermen found some stability. Mrs. Fisher began working with Jewish prayer scarves, and her interest that she had met through the online group hired her for parallel administrative work. Even the family had a break. Their friends helped them buy after the house was seized, and this year they had a small dental care time that helped pay for the health care debt.
But the scars of recession have never fully cured. Mrs Fisher deserves a fraction of her previous salary, and a couple living in Marietta, Georgia, has almost no pension. Once the fisherman’s son has decided to go to school, they want to go to safety to save money.
State statistics are of the opinion that every job hired, including part-time work, such as Mrs Fisher, “works”. But he said he had not been part of the traditional workforce.
“I believe that unemployment is in full swing, but people like me are not there,” Fisher said. “We will never be where we were again.”
Get back home
It took almost ten years, but Guillermo González became a new owner.
In June 2017, Gonzales and his wife closed a two-bedroom house in Spring Hill, Florida, north of Tampa. The hotel has a swimming pool and a terrace where grandchildren can play. In addition, they can pay for it.
“It’s not a new house, but it’s very nice,” Gonzalez said. “It’s a good house.”
The history of González’s recession is typical: in 2004, he and his wife bought a small house near Miami and trusted their ability to refinance to help them pay. They borrowed money to finance a lifestyle that was never a waste, but much further than they could pay for their pay. Alcoholic beverages sell them.
But when the real estate market collapsed in Florida, the gonces could not refinance. Economic activity slowed down sales of alcohol, reducing González’s payment and preventing him from paying monthly payments.
When the Times arrived in June 2008, Gonzalez received just $ 1,033 credit, part of President George W. Bush’s attempt to revitalize the economic downturn. González, when it comes to economics, was not enough. By the end of the year, his house was recovered and declared bankrupt.
Gonzalez was a tenant and he paid $ 1,800 a month for housing in a complicated “where it was impossible to make a barbecue, wash a car that can not be changed”. Her sister, who lost her job to buy property, settled for some time.
But gradually he began to heal. Gonzalez found work on the sale of auto parts. He worked with the loan renewal. Last year, he and his wife were ready to buy again, this time in Tampa, where homes are cheaper and closer to their children.
Be careful: once, he said, someone is paying for destroying the land destroyed. This time I was alone.
“My food is green in the area,” he said. “I’ve always been very proud of.”
But Mr Gonzalez, 54, has little savings and no pension schemes. His wife stopped working when they moved to Tampa to help their grandchildren but now they are looking for work to cover the cost of treatment.
“We use step by step,” he said.
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