An uneasy economy, and those living through it
CHARLOTTE, N.C. (AP) — Here was Chas Kaufmann’s life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. His Mr. Gutter business was booming in the Pennsylvania Poconos.
Now: ‘‘We mainly shop at Sam’s Club and portion out our meals. We spend $4 to $5 a night on eating.’’ He and his wife use space heaters in their elegant house and leave parts of it cold. The Hummer is gone, and he drives a 2005 pickup. On Nov. 6, Kaufman is voting for Mitt Romney.
Lower down the ladder, the recession put Simone Ludlow’s life in a full circle. Laid off by an Atlanta hotel company in 2009, Ludlow, 32, bounced from job to job for two years, got by with a ‘‘very generous mother,’’ still makes do by renting a room in a house owned by friends, and is back working for the company that had let her go. She’s voting for President Barack Obama.
For four years, the bumpy economy cut an uneasy path. It raked small towns and big cities, knocked liberals and conservatives on their backs, plagued Republicans and Democrats alike.
It was the worst economic setback since the Depression, and it didn’t take sides.
Across the country, Associated Press reporters asked people to talk about their livelihoods before and after the December 2007-June 2009 recession and how those experiences have shaped their politics in the presidential election just days away. Their answers help illuminate why the race is so close. In this time of great polarization, their stories bridge the partisan divide, showing that resilience and optimism are shared traits, too, and that no one seems to think either candidate can work miracles.
‘‘Our potential doesn’t rely on an election and one man or even a ballot,’’ said Ben McCoy, 35, of Wilmington, N.C., creative director for 101 Mobility, a company that sells, installs and services handicapped access equipment. ‘‘I don’t think either candidate for president has the conviction to go as far as we need to go to really get back to stability.’’
Economic well-being, for him, will come from personal decisions by his wife and himself, not Washington. ‘‘We will roll up our sleeves and cut the family budget down to the core if we have to, where we know we’re going to eat and we know the lights are going to stay on, and that’s it. We'll do it. We won’t laugh and dance about it, but we'll do it.’’
In the Charlotte area, the recession played a cruel trick on Obama supporter Tamala Harris, wrecking the Charlotte housing market just after she quit a job to go into selling real estate. It drove Romney supporter Ray Arvin out of business selling industrial equipment from North Carolina and cleaned out his retirement savings with not that many years left to start from scratch. Both have more hope than you might think.
Harris, 38, is back in Charlotte after getting her master’s in business from the University of Rochester in New York. During the worst of the calamity, she used loans and scholarships to advance her education, and looks back on it all as a time that made her dig deep.
‘‘It made me realize what was important,’’ she said. ‘‘It’s just not the material things and having things to improve your status. I know that people are in such a rush to have things. They feel that is a validation — ‘Oh I have this, I have that.’ I was one of them. So, for me, I found it was a time to reflect on your character — and rebuild again. It was a wonderful time to realize when you don’t have certain things — money is not coming, or houses are not selling — who’s really in your corner. ‘‘
Arvin, 47, is starting over, too.
In 2001, he and his wife bought a small company that sold equipment to power utilities and the aviation industry. Business hummed until 2007, when five big customers filed for bankruptcy and the couple raided their retirement and savings accounts to keep the enterprise afloat. It sank in 2009. Now he travels five states in a 2005 Suburban as sales representative for a business supplying equipment to electric and gas companies, bringing home $50,000 to $60,000 after taxes and travel expenses.
‘‘Am I doing better? Yes. But I've lost so much. I'm starting new. I'm confident in my ability to work hard and do well with what I do.’’
Polls consistently find that the economy is the top concern of voters, and Romney tends to get an edge over Obama when people are asked who might do better with it. Whether that truly drives how Americans vote is a crucial question for Election Day.Continued...