Wednesday, February 18, 2009
Keeping The Wallet Closed
No surprise here, but they are now putting some numbers on the obvious trend - Americans just aren't spending the way we once did. It's back to the basics, and very little more.
Welcome! Once a journalist, always a journalist. I left the news business to try something completely different (for a time), but realized I still felt the need to keep up with all that's going on around us. So, this blog emerged as a way for me to filter some of what I feel is important, interesting or funny and pass it along to you. Enjoy! And, feel free to comment on any post.
As much as many Americans treat shopping as a sport of actual activity, this could be quite a shock. The Republican system of economics based on credit and fantasies of never-declining house prices have put the country in a challenging situation. Casting aside excessive consumerism is not such a bad thing, but it does not mean [...]