HALFTIME IN AMERICA

4 comments

Posted on 13th February 2012 by Administrator in Economy |Politics |Social Issues

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4 Comments

  1. TeresaE says:

    That is just precious.

    And true.

    And would never run on public television, no matter how much money paid for it.

    Well-loved. Like or Dislike: Thumb up 7 Thumb down 0

    13th February 2012 at 9:35 am

  2. Stucky says:

    Here is an interesting statistic, one that is “outside the box”, in terms of analyzing our economy;

    The fastest growing segment of Dollar Store customers are coming from those making $70,000 a year or more.

    The rise of the dollar store goes hand and hand with the loss of the middle class in America. Not sure if we should be thrilled that dollar stores are one business segment that is booming in our modern day economy.

    http://www.mybudget360.com/united-states-of-dollar-stores-dollar-stores-see-a-rise-in-households-making-70000-a-year/#more-3750

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    13th February 2012 at 9:44 am

  3. Mary Malone says:

    Awesome spot. I’m sure a cease and desist order from Chrysler’s attorneys is on its way!

    Stucky: “The fastest growing segment of Dollar Store customers are coming from those making $70,000 a year or more.”

    Gee, didn’t know I was such a trend-setter…Starting shopping at The Dollar Store about 4 years ago when we saw the economy contract. Started out buying their greeting cards – 2 for $1. They’re actually really great product – nice verses and good quality. You can’t beat their gift bags and wrappings too.

    Then started buying their cleaning items – older brands like Pine Sol, Spic n’ Span, and bathroom cleaners. Not as good quality as name brands – but ya know, ya gotta pick your spots.

    Now I buy food items like 32 oz chicken broth – for a dollar – when supermarkets are charging $3+.

    Certainly not glamorous – but nice clean well-run stores. Every little bit helps. We’re aggressively paying down our debt and incremental savings from Dollar Store free up some cash to go out for a bite on weekends.

    You do what ya gotta do these days….

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    13th February 2012 at 10:53 am

  4. KaD says:

    Presenting The (Only) Four Outcomes To The Global Public Debt Crisis:

    These are: 1) a debt trap; 2) hyperinflation; 3) austerity but in conjunction with actual economic growth and 4) default. Currently in the developed world, the only two outcomes actively pursued, are (1), the debt trap, best seen in the US, where the only solution to debt is “more debt”, and half of (3), austerity, although not coupled by the critical “growth” component, but merely more strikes, more economic deterioration, and more austerity in a closed loop to the bottom as a disenchanted population decides to let it all burn down in the process of losing its entitlements safet net.

    That’s right: everyone, from Germany, to the UK, to Ireland, to Spain, to Belgium, Italy, the US, and most certainly Greece and Japan, will have to raise anywhere between 10% and 50% of their GDP in the form of new debt!

    http://www.zerohedge.com/article/presenting-only-four-outcomes-global-public-debt-crisis

    Halftime in America indeed.

    Like or Dislike: Thumb up 4 Thumb down 0

    13th February 2012 at 11:12 am

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