Wine Rack Store Blog

I, like two million other Americans in the past four months, have lost my main job. It seems like every day the economic outlook continues to get worse and worse. I can almost no longer watch my stock portfolio because it just continues to sink lower and lower. I only have a little invested and I can’t imagine what it must feel like to lose a whole retirement or college fund.

They always say when people try to cut back on expensive they cut out the most frivolous things first. Many families can barely afford to have proper meals, let alone expensive wines. According to CNN food banks have had a 30% increase in the number of people seeking assistance. I am worried for these people and myself. Luckily, I am not the main earner in our household so my job loss will not be as devastating.

I really hope our new president can turn this nightmare around. Until something is worked out our wine racks and cellars will continue to remain sparse.

Labels: instant wine cellars, Mr. Obama

Now I have read that the American "Big 3" automakers are looking for another 50 Billion dollars to tide them over, until the market for their products becomes profitable. While I am in favor of a bailout where does it end? There has to be a limit put on the bailout. Twenty five Billion has quickly become 50 Billion, and does that become 100 Billion in 6 months? Somebody in Government has to conduct a study and say that at some point, it isn't worth the expense. Actually this has already been done, but I have heard of no results.

Which reminds me. Where is our piece of the bailout pie? Hey, all businesses could use some help to weather this financial storm. A stimulus like the last round will not give us the sustainable growth the economy needs. It had an affect of 3-4 months only. I would like to see some sort of mortgage help for all home owners, maybe a low, low interest rate on two residences, plus while you are at it how about throwing a few hundred billion at the decaying infrastructure in the US. We all need upgraded roads, bridges, mass transit, electrical grid etc. Things are falling apart, and we will be forced to spend the money sometime in the near future. Also, now is the time to start serious alternative energy research and development. Huge dollars I know, but we are headed towards a depression and we need to do everything we can to avoid that.

So, we at the WineRackStore.com are very concerned about the economy. People that aren't working, are not likely to buy our Premium Wine Racks nor other non essential items. Plus there are serious social issues stemming from having lots of unemployed. More welfare, more crime, more drugs, all sorts of social issues we don't want increasing. Many Americans are looking at the election of Mr. Obama as a chance to right many wrongs and this "excitement and hope" needs to be sustained for as long as possible.

Labels: Mr. Obama, Premium wine racks, WineRackStore.com