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Economy: Housing Crisis and Utility Bill Increases

16 June, 2008 (17:18) | Bush, Care2, economy, election, family, foreclosure, gas prices, government, money, news, opinion, parenting, politics, recession, video, women, working moms | By: Catherine Morgan

Economy: Housing Crisis and a Sharp Increase in your Utility Bill — by Catherine Morgan (cross-posted at The Care2 Election Blog)

It’s costing American’s more and more money just to get by these days. The dollar is down, gas prices are up, and the cost of just about everything we buy is increasing. How did we get here? What’s next? When will it end? I wish I had the answers and I could predict that all would be well very soon. Unfortunately, I cant.

How did we get here? For many people it was the housing bubble that pulled the rug out from under them. Here is an interesting clip I found on CNN today…

What Caused the Housing Bubble?



What’s next? Here is more troubling economic news…


Expect to see a sharp increase in your utility bill this summer.



What is causing electricity to go up in price?



Has the housing crisis affected you or someone you know? Are you concerned that your utility bill may increase by 29%?

Here is a link to a Care2 petition

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