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hfojvt

(37,573 posts)
46. okay that was not a reply meant for me
Wed Apr 23, 2014, 01:04 PM
Apr 2014

but I already did that in the 1990s.

I have an MA.

The only reason I got the MA was because I could not find another job with my BA - any job, much less a "good" job.

That's what I get for majoring in math.

Then after getting my MA in 1990, I taught for one year for $8,100 part-time. I could have taught full time, but that would have meant a 50 mile commute and I did not own a car at the time. I lived without a car until 1996.

By June of 1991, I had $12,000 in the bank and decided to start my own used bookstore. Rented a building on the edge of downtown (in a town of 5,000) and then moved to the downtown in November 1991.

In December 1992 my landlord went broke and the bank took over the building. They wouldn't sell to me OR give me a lease, so I bought the bulding next door and got a job at a local factory to help pay for it. I started work in the factory in February 1993 thinking I would only work there until October when my business would begin supporting me.

HA.

In January 1995 I gave notice at the factory and asked if I could stay on part time. They let me. Until they laid me off on 28 March 1995, my 33rd birthday. Because I owned a business, my unemployment was denied (but one of my co-workers got his checks even when he was in the county jail).

The winter of 1995-96 I got a job shovelling snow. Figured it was time to close the store that was not supporting me, had a going out of business sale and started looking for jobs. Found one in March 1996 that was 23 miles away, paying $6 an hour or piece rate which averaged seven. Opened my store on the weekends because I still had lots of inventory.

Then the bar down the street hired me as a part-time janitor for $5.50 an hour. Figured that was better than two hours of commuting AND it allowed me to re-open my store.

So there I was with an MA, made $9,316 in 1993, $12,340 in 1994, $3,109 in 1995 and $5,529 in 1996 before I move to the big time, makine $10,295 in 1997!!!

In 1998, I sold the store and moved. Could only find temp jobs in Iowa, but the new Governor, Democrat Tom Vilsack was worried about a future labor shortage.

Was there a jobs program? Was there a safety net for me?

I got sick of reading how "great" the economy was when all I could get, at age 37 was a temp job with no benefits. The economy was not that great for everybody, but all the media and the politicians wanted to talk about was the record low unemployment rate.

Other than the job I quickly got fired from because I am bad at sales, I could not find a full time job until May of 2004.

I had 13 years where I made a total of $124,278. Living the American dream in the 1990s.

Recommendations

0 members have recommended this reply (displayed in chronological order):

I am so very sorry about your situation. KatyaR Apr 2014 #1
Thank you! ColesCountyDem Apr 2014 #2
We have a lot in common. xfundy Apr 2014 #3
I'm so very sorry! ColesCountyDem Apr 2014 #6
if this is an option do it and sounds like docs are willing to sign -my cousin was sick lunasun Apr 2014 #30
Don't mull it! abakan Jun 2014 #104
I have a "dumb" question.. sendero Apr 2014 #17
The short answer is 'no'. ColesCountyDem Apr 2014 #18
How could it be impossible..... sendero Apr 2014 #20
Its hard to fight my mother got it and she's the mackerel Apr 2014 #29
hospitals aren't the only place... Agony Apr 2014 #36
Fair enough... sendero Apr 2014 #68
I had surgery in 2007 to prevent a repeat of a bad diverticulitis attack happening a second time and CTyankee Apr 2014 #66
Try applying for Social Security. mackerel Apr 2014 #4
Good advice. And I've also heard that most people are denied the first time, pnwmom Apr 2014 #5
90% are denied on their first application. mackerel Apr 2014 #28
yes, try again lululu Jun 2014 #105
Jinx! *grin* ColesCountyDem Apr 2014 #8
Yes, this is true. The unions have won this battle quietly. Many people in pain from work or illness freshwest Apr 2014 #15
When you stop and think about it passiveporcupine Apr 2014 #57
Yes, it was... And it's why the media and the GOP went bonkers. They want us to fail. n/t freshwest Apr 2014 #71
My husband applied when he was 58 and was approved within six weeks without the assistance of an SammyWinstonJack Apr 2014 #16
It's too bad that the people who really need to read this probably never will -- pnwmom Apr 2014 #7
Thank you! ColesCountyDem Apr 2014 #9
Some people can't even blame a health crisis Warpy Apr 2014 #10
From your keyboard to America's ears! ColesCountyDem Apr 2014 #11
I am appalled by what has happened to you. The is a modern day version of "The Grapes of Wrath". kairos12 Apr 2014 #12
I am so sorry all this happened to you. MadrasT Apr 2014 #13
Kicked pnwmom Apr 2014 #14
All The Best To You - Good Luck Moving Forward cantbeserious Apr 2014 #19
Jesus, I cannot believe the misfortune ballyhoo Apr 2014 #21
I'm so sorry this happened to you... blue14u Apr 2014 #22
I am speechless. LiberalEsto Apr 2014 #23
You were treated like dirt by your former employer. I wish you would name this company totodeinhere Apr 2014 #24
I am so sorry. I agree with Mackerel, try social security disability and much good luck LoisB Apr 2014 #25
I'm sorry, Coles. I've been laid pretty low myself from time to time. toby jo Apr 2014 #26
As I read your story (and we're about the same age), I couldn't help thinking... Sancho Apr 2014 #27
@ColesCountyDem let me know if you mackerel Apr 2014 #31
I too am really, really sorry about your situation Samantha Apr 2014 #32
How did you lose 94% of your 401k? taught_me_patience Apr 2014 #33
It was heavily tilted toward stocks. ColesCountyDem Apr 2014 #35
How were you not 100% vested in the pension plan? spooky3 Apr 2014 #38
That applies to pension plans to which both my employer and I contribute. ColesCountyDem Apr 2014 #39
I do believe his advice to be incorrect. The relevant law is the law at the time you were spooky3 Apr 2014 #43
This is VERY useful information. ColesCountyDem Apr 2014 #76
There are FREE resources available to you antigop Apr 2014 #81
You're welcome and no problem. But as others have said, spooky3 Apr 2014 #86
Based on what I read, and my own knowledge of my employment with MegaCorp X, ... ColesCountyDem Apr 2014 #88
Good luck to you both!!!! spooky3 Apr 2014 #93
Thank you! ColesCountyDem Apr 2014 #95
Coles, be sure to update us! spooky3 Apr 2014 #102
That still doesn't explain how you lost 94%. joeglow3 Apr 2014 #74
On *average* it was. ColesCountyDem Apr 2014 #75
What the hell company lets individuals invest in individual stocks in their 401(k)? joeglow3 Apr 2014 #82
Edward D. Jones, actually. ColesCountyDem Apr 2014 #83
I feel for you joeglow3 Apr 2014 #84
As a result of the good advice and information I've received here, I've contacted an attorney. ColesCountyDem Apr 2014 #85
My employer (who will go nameless here) allows me that option. mwooldri Jun 2014 #103
k&r for the truth, however depressing it may be. n/t Laelth Apr 2014 #34
when you say your pension "vested" in 2015, are you referring to your 401(k), or antigop Apr 2014 #37
Please see post #39. ColesCountyDem Apr 2014 #40
So you had a defined benefit pension plan IN ADDITION to your 401(k)? antigop Apr 2014 #50
I will, and thank you! ColesCountyDem Apr 2014 #77
ColesCounty, there are FREE resources available to you antigop Apr 2014 #80
Your story is a little long for a letter to the editor (LTTE), CrispyQ Apr 2014 #41
I was contacted just this morning by a reporter for our regional 'daily'. ColesCountyDem Apr 2014 #87
I don't think your story is typical hfojvt Apr 2014 #42
Seriously. AtheistCrusader Apr 2014 #44
okay that was not a reply meant for me hfojvt Apr 2014 #46
I flipped a mental coin. AtheistCrusader Apr 2014 #52
In the case of the OP, he wrote about a very extensive job search. pnwmom Apr 2014 #47
And the poster's relocation funds are low/gone. AtheistCrusader Apr 2014 #53
I heard about an over-supply of lawyers hfojvt Apr 2014 #61
Everyone's employment niche is different Patiod Apr 2014 #48
My son had the good fortune to have the then Brooklyn, NY DA teach one of his law school courses. CTyankee Apr 2014 #67
That's the thing - his story IS typical TBF Apr 2014 #45
One of my good friends is incredibly frugal Patiod Apr 2014 #49
It is really hard to watch - TBF Apr 2014 #51
No its bad for young people too BlindTiresias Apr 2014 #58
That makes sense unfortunately - TBF Apr 2014 #60
but you do NOT lose savings in a crash hfojvt Apr 2014 #59
That's an excellent point. Patiod Apr 2014 #65
I think that was the really sad thing about 401K - TBF Apr 2014 #69
When people sell in that situation it isn't usually because they're "foolish." pnwmom Apr 2014 #72
That was my situation. ColesCountyDem Apr 2014 #79
That was my situation, too. ColesCountyDem Apr 2014 #89
a couple job openings are not really a universal solution hfojvt Apr 2014 #64
I would 'knee cap' someone's grandmother for a $12/hour job! (j/k) ColesCountyDem Apr 2014 #91
I didn't mean to slam GM or the banks. ColesCountyDem Apr 2014 #78
his story is typical lululu Jun 2014 #106
Two headlines on the front page of the New York Times today (4/23/14). maddiemom Apr 2014 #54
Sorry about your misfortune, ColesCountryDem. Enthusiast Apr 2014 #55
I'm both sorry and angry to hear this story. SpankMe Apr 2014 #56
Sorry that such a crappy thing happened to you. truedelphi Apr 2014 #62
I'm sorry. Swirling the drain here, too. GoCubsGo Apr 2014 #63
:( neffernin Apr 2014 #70
As a family, we've never done the 'inherited wealth' thing. ColesCountyDem Apr 2014 #90
Best of luck in your recovery neffernin Apr 2014 #92
Thank you! I plan to continue the family tradition, God willing. ColesCountyDem Apr 2014 #94
prior, active assistance of our Congress lululu Jun 2014 #107
i am so sorry about your situation. i hope things improve for you - someway, somehow Liberal_in_LA Apr 2014 #73
Amazing and chilling story. Puglover Apr 2014 #96
Thank you, and I think I will land on my feet, too! ColesCountyDem Apr 2014 #97
I'm so gad you're receiving the healthcare you need. myrna minx Apr 2014 #98
Thank you! ColesCountyDem Apr 2014 #99
While the ACA isn't perfect, I'll always be grateful for the life saving care it allows to those myrna minx Apr 2014 #100
It's not perfect, but it's there, thank God. ColesCountyDem Apr 2014 #101
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