Americans are terrified because so many of them have been laid off in recent years and months and they fear that they may be next. Even if they have not been laid off or have not known anyone laid off, they definitely know someone who has lost his home.

Summary

This quote highlights the widespread fear and anxiety among Americans due to the increasing number of layoffs and housing crises in recent years. The sense of terror stems from the realization that anyone could potentially become a victim of unemployment or homelessness, either personally or through knowing someone who has experienced these hardships. The fear of being the next one affected by these circumstances permeates the societal consciousness, shaping the overall sense of insecurity and uncertainty.

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