Economic Downturn Has Finally Arrived!!

[Tiramisu]

I've been trying to "cut back", but we're already pretty simple. Hubby and I have always worked and make decent money, putting four kids through college and saving everything we can for retirement. We have basically lost our last five years of savings in the last few months and that will take more than five years to recoup, meaning that I won't get to retire next year or maybe never.

I'm not extremely worried about my JOB or getting a pay cut, but I do worry about a couple of my kids losing theirs.

Jonathan is going to work in Iraq and Laura should be able to find a teaching job.
Jeff got back from Iraq and started a job and Emily teaches kindergarten.
Kenneth is struggling selling houses and Paula teaches kindergarten.
Roxann teaches 5th grade Math.

So, I feel OK about the "teachers", but worry for Jeff and SILs: Jonathan and Kenneth. Jeff can teach school, but other jobs pay more. He's working 3 months probation and hopes to be hired.

And, I worry about my friends here!