Lower gas prices are great, but I am watching lots of my friends lose their jobs. Many, many people were laid off on Friday, as Schlumberger and Baker Hughes cut 16,000 jobs. This includes some of my friends who are long term Kingwood residents. Who thinks we might be on the verge of another recession, especially with world economies slowing down? I just paid a lot of money for my new house in Kingwood, and I am worried that I bought at the top of the market...
My daughter was wanting to buy a house, but I told her I thought she would be making a mistake buying now. She lives down in the Heights area and when houses are selling for above asking price you can't help thinking they are selling for a lot more than they are worth.
I don't feel bad. They didn't feel bad when they were flying first class and getting their kid's school tuition paid while the lower middle class was struggling to fill their car up.
Pretty naive if you think the majority of people being laid off fall into that category. I hope you feel the same way when the trickle down effect impacts those in non oil related industry. It is already happening.
I don't feel bad. They didn't feel bad when they were flying first class and getting their kid's school tuition paid while the lower middle class was struggling to fill their car up. You don't have a clue.