Despite a fall in the global crude prices the inflation is rising up. Fruits and Vegetable prices have been affected badly in this week. The prices of minerals are also rising day by day. Never in the history of world such has had had an Inflation occurred. The rising inflation is worsening the daily lives of the common people. Economists and Politicians usher confidence that the economic slowdown will come back to normalcy in a few months, but the biggest question that I wish to put forward to them is whether they are victims of this Price-rise situation. On the other end, the fall of the Layman Brothers is further going to worse the economic trend. Software organizations on a cost-cutting spree. Many have started to retrench their employees. Many employees are not given the salary hikes and promotions that they are bound to. Sub prime lending has worsened the day to day lives of common man. The current situation has not only affected America but also the countries that rely upon the Outsourcing from here. Many companies are closing down due to their inability to mobilize funds. Yellow metal, Gold has touched an all time high this year. Banks have started cutting down the interest rates and many people feel hoarding money in their cupboards safer than investing in the Banks. At this juncture, a very strict economic plan is essential and that's what all people believe in after elections in the United States.