We live in troubled in time
The last few years have brought
Us a steady parade of fear
And panic in the headline
Boardrooms and kitchen table.
Globalization, outsourcing
Downsizing foreclosures
Subprime mortgage and credit default swaps
Ponzi schemes and recession
It’s just one piece of bad news after another.
Unemployment is at 10.2%
And still rising and underemployment
Where your job stay in place
But your hours and pay
Are drastically cut back is even worse.
The rampant decline in gainful employment
Is a ravaging epidemic to which few are immune
From executives and middle managers
To administration employees and blue workers
From bankers to retail clerks all at risk.
Even the healthcare industry
Until recently considered a job safe zone
Is trimming away significant chunks of its workforce
In the fall of 2008 a lot of people’s retirement portfolio
Suddenly lost half their value or more.
Real estate crashed
What people thought were their solid
Reliable asset turned out to be solid as water vapor
Job security gone a thing of the past
The rules has changed.
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