Utah children at risk for homelessness due to home foreclosure rate and 'moderate' planning efforts, national report says

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  • Kathy. Iowa, Iowa
    Dec. 14, 2011 11:01 a.m.

    Bain Capital would have bought a struggling company and did what was necessary to get it back working and hiring. Can't always be done but then again we don't live in a fantasy land where everyone gets everything they need or want.

    Jobs are a function of people paying money for a product or service. If for some reason no one is buying your stuff either because the product is no good or too expensive for what ever reason then the job goes away.

    Read a good book, "Who Moved My Cheese?" by Spencer Johnson. It is a fact of life and if you prepare with job skills you can just move to the next job. If you don't then you suffer.

  • DeltaFoxtrot West Valley, UT
    Dec. 14, 2011 10:12 a.m.

    @runwasatch: What about all those people who were living within their means four years ago? Generally people aren't going to go out and buy a house/car/big ticket item unless they are sure they can currently afford it.

    Nobody could have predicted what the economy did. Nobody could imagine 14 million people losing their jobs practically overnight. Nobody could imagine it taking years to find another job.

    Don't blame the people for spending their money... that's what people do.

    Instead blame the greedy corporations for purposefully crashing the economy. The entire recession was engineered so those at the top could line their pockets at the expense of the taxpayer and walk away scot free.

  • FDRfan safety dictates, ID
    Dec. 14, 2011 9:43 a.m.

    Last night my wife and I watched her favorite Christmas movie, "Borrowed Hearts". It is a touching story about a company about to be sold out and taken to Mexico - leaving its employees without a job and facing resulting foreclosures. She is a staunch Republican. I don't understand the disconnection here but she is so typical. What would Bain Capital have done in this situation?

  • DR Hall Clearfield, UT
    Dec. 13, 2011 9:03 p.m.

    It seems that Congress believes that everybody has extra money in their mattress and are just pretending to have no money. Even our own Utah delegation believe this and fight hard to keep jobs from getting to families that need the income. Too bad we could not make Congress members live on welfare requirements and go without housing and adequate food for their children. I hope at this election that voters are very tired of such excuses and vote out all members who fight against job opportunities.

  • procuradorfiscal Tooele, UT
    Dec. 13, 2011 8:13 p.m.

    Re: "Utah children at risk for homelessness due to home foreclosure rate"

    No kidding? You mean when a parent loses his home, they don't let the kids stay there?

    Truly amazing.

  • runwasatch Ogden, UT
    Dec. 13, 2011 6:36 p.m.

    Utah children are at greater risk of homelessness due to their parents spending more than they earn, buying a house bigger than is necessary, and saving nothing for a rainy day.

    Funny how living within your means usually, but not always, has a way of steering you clear of the streets.