The economy in 2009

[moneysense]

A lot of people believe that the economical problems we have all been experiencing have bottomed out and that 2009 will be better, but is that actually what will happen?

A lot of the financial experts are forecasting that the new year may not be much better. If this is true, 2009 could be even more depressing and challenging to all.

In 2009, education could see a lot of cuts, and with 41 states seeing budget shortfalls, it doesnt look as though a lot will change in the new year.

With Wall Street and the Auto Industry still in shambles, things just arent looking very promising that 2009 will be any better than 2008 economically.

[pennypinch]

I really don't think 2009 will be any better economically than 2008 was. I don't see how there could be any quick fix for what has happened. This thing is going to take months and months to straighten out. Its going to be a rough road ahead.

[dollardaze]

I agree with you, I don't see how any major turn-around can be seen this year. Hopefully we'll see some real changes next year and maybe by the year 2011, we'll be back on track. I think it's going to take time to get us back to normal.

[ClassyLady]

It took us more than one year to get in this mess, and I agree it will take a lot longer to get out of it.