Space Coast Credit Union

November 9, 2010 by USA Post 

Space Coast Credit Union, Traffic on Highway A1A is slow today, as the economy here on the Atlantic coast of Florida south of Cape Canaveral. The unemployment rate in the state is reported at 12 percent, but people here say they can not believe it’s low.

People are suffering here, as they are across the country, but in seaside towns around the Kennedy Space Center, they have additional reasons. NASA is drawing to an end the shuttle program, which employed thousands of people here for 30 years – and the Obama administration canceled the program that came after him.

“I am sorry for these guys,” said Bill Thompson, a painting contractor from Orlando who took his son to a local air show. “Businesses are closing their doors. Just look at all vacancies. They talk about the trickle-down effect? Well, it trickles down to me. ”

In the heady days of John Glenn and Neil Armstrong, this part of Florida has begun to call the Space Coast, but today, with the exception of the Space Coast Credit Union (“control great. No drama. “) There is little evidence that astronauts used to hang in Cocoa Beach.

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