As the region’s per capita income last year dropped more than the national average, many Atlantans are cutting back to survive, AJC staffers Katie Leslie and Craig Schneider report.
Mortgage broker Stuart Landman is clipping coupons now.
Rick Hawkins, a Riverdale cabinet maker, laid off most of his workers — and sold off nearly all of his vintage cars, the reporters write.
And when John Veal, an IT manager from Cherokee County, lost his job, he cashed out his 401(k) plan to pay bills.
For them and others, living is no longer about success. It’s about trying to make it through this Great Recession, Leslie and Schneider report.
Across metro Atlanta, per capita income shrunk 4.8 percent — down from $38,336 in 2008 to $36,482 to 2009. Per capita income nationally dropped 2.8 percent to $40,757, according to figures from the U.S. Department of Commerce.
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