well from what i heard on the news, people would have to start looking for new jobs which may take a long time which would result in the person not being able to pay bills and support their family, then would probably face foreclosure or eviction due to too many late mortgage or rent payments and if people's health care were insured by the company they work with then they might lose that privilege, some people don't however but it's really difficult if you have a big family with little children who get sick quite often. If the economy worsens, then things, won't get better for a while, but as the days go by the rich get richer, and the poor gets poorer. Well i hope this helped but that's what i learned so far.