Tag: The Economy
In Case You Didn’t Know
We’re poorer. In 2007 dollars, the average family in 2001 had $700 more dollars in net worth than the average family in 2007. That $700 was obviously my veggie budget.
There’s a Knot in My Stomach
I’ve been walking around with a knot in my stomach for months, only I didn’t realize it until yesterday… as I unpacked the groceries. Where were the fruits and vegetables? Surely I bought them, but when I looked at the counter the evidence of being a bad mother hit me between the eyes. Bad mother, […]
598,000 Jobs Lost in January
While unemployment jumps to 7.6 percent. Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation’s job climate is deteriorating at an alarming clip with no end in sight. The Labor Department’s report, released […]
Question…
Much has been made of Obama’s proposal to cap executive pay. So here’s my question: Do taxpayers have a right to say how their money is spent? I keep thinking that if you came to me asking to borrow money because you couldn’t pay your mortgage, and I lend you the money, and then you spend […]
Circuit City…
I bought my first digital camera and my camcorder at Circuit City. They were great for credit terms. Over that past few weeks I have been eyeing a new plasma HDTV. I had it picked out. CC had a deal of 18 months same as cash. This is not a problem for me personally and […]
Deep (or not so deep) Thought on the Economy
It seems that things I need, like food, water, electricity, oil, and healthcare, are costing a lot more than things I want, like cashmere, televisions, computers, and shoes. Talk about a financial slippery slope! You’ll be happy to know I’ve shown remarkable restraint… well, except for those fabulous Steve Madden black pumps for 70% off.
He Barely Exists
This morning I went on a mission. I got a call from a friend on Saturday that there was a report of a homeless family living in a small wooded area nearby. He told me that he was going out there today to investigate and see what could be done. He joked that he would […]
To bailout… or not
Once again I find myself seeing both sides of the auto industry bailout. Should we bail them out… or not? Convince me.
Good Economic News On The Horizon
As the Dow dips below 9,000 for the first time since 2003, I wanted to give you all a glass half full scenario. Once the Dow levels off, we’ll begin to cheer it on as it climbs above 10,000. Remember how much fun that was when the Dow surpassed 10,000. We get to live it […]
How Will You Be Stimulated?
In the next several months most of us will be receiving economic stimulus checks. The intent is to try to pull this economy out of its recession death-spiral. So how will you spend your money? Unfortunately for the economy, I plan to spend mine on a cottage rental in Nova Scotia in August.
Did Anyone Else Hear This Drivel?
On the way into work this AM I heard a Republican DE lawmaker Joe Fitzgerald of the NCC Chamber making some point about how unfair it was to business owners to raise the minimum wage. The quote was something like ‘Let’s face it, the price of everything is going up these days and some of […]
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