So we’ve been living in a “financial crisis” for about a year now. How are Technoccult readers fairing?
I have fewer friends looking for work than ever, and several of them are making more money than ever. I’m doing well enough, personally. Gas and rent are up, while pay is flat so I’m not doing stellar, but wages have been behind inflation for years.
I think a lot of us are getting underpaid, but that’s nothing new. In fact, I sort of wonder if the reason we’re not “feeling the pinch” is because I don’t know many people with 401ks, stock portfolios, mortgages, or significant savings to begin with. Now, I mostly know 20-somethings so that skews things a bit. The point is, it’s a rough economy but I can’t say from my position it’s any rougher in the past year than it has been in the past several years.
How has your experience of the financial downturn been?