Tuesday, September 16, 2008

As Economic Uncertainty Swirls, Nixa Woman Poised To Swing Her Vote

THE WOMAN THE G.O.P. SHOULD WORRY ABOUT
Nixa's Brenda O'Connor voted for President Bush. But she's not married to either party, and after losing her job at Burrell Health, and watching her I.R.A. lost 40 percent of its value over the past six months, this single mom says she's leaning towards checking Democratic boxes this November.
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WATCH THE KY3 NEWS @ 10 REPORT HERE
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Former MSU Business Department Head Dr. George Swales notes that the fundamentals of the economy "are not as strong as they could be," but quickly adds that history shows in the long term we'll be strong. "I think of the long term, rather than the short term," Swales told KY3 News. "This too shall pass, as the saying goes."
ALSO: He recommends O'Connor keep her money where it is. "You don't want to pull out your money from a 401 K or IRA or anything you might have. If you can ride it out, that's good news."
BUT: O'Connor acknowledges her I.R.A. investments are foreign and high-risk, and says her biggest worry is finding employment that can help her pay for her house and monthly bills. O'Connor was employed with Burrell Health doing work in early childhood development, but she says she was let go because the company was unsure it would be able to renew a state grant it used to pay her annually.
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"I know I do not see a stable economy," O'Connor says. "I have supported (the President.) (Now) I am leaning towards Democrat. Over the last eight years, it's been Republican and it's been very difficult for me."

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