Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
In the news: the economy slowed to a near crawl in the last quarter of 2007. The housing crunch and credit bust is taking a toll on all of us.
How are others feeling it? My business has slowed considerably, and it's a real concern for me. I've been very depressed having little to no income. I can't keep up with the rising health care costs, rent, and inflation.
I've noticed that costs of other things are creeping up as well. Does anyone else see this? What sort of things are people giving up? For me, I have to think twice about long drives. I have to buy clothes on sale. Food is very expensive, and I realize that I need to cut way back on grocery shopping.
I've noticed that costs of other things are creeping up as well. Does anyone else see this? What sort of things are people giving up? For me, I have to think twice about long drives. I have to buy clothes on sale. Food is very expensive, and I realize that I need to cut way back on grocery shopping.
##
It hasn't changed my lifestyle.
I've always lived below my means. Always buy stuff on sale. Cut coupons. Pay myself first....
I've noticed grocery store items going up 20-25% in one jump. Examples - Cat food cans went from $.45 to $.65 in one jump. Can soup went from $1.00 to $1.25 in one jump. Just in the last 2 weeks.
I am hoping that a weak economy causes property values to crash. I spend more for property tax than anything else!
Yeah, isn't that crazy? The housing boom has caused property taxes for so many people to go through the roof. In the area I'm in, it's property taxes and heating oil, and they've pushed up the rents, too.
I don't know why the media pays so much attention to Bernanke, Bush when it comes to the economy. They all say, things are fine, there's no recession.
That's like asking David Stern about the state of the NBA or someone else in charge of a league or company, of course they'll be biased. I think it could be a very nasty recession, there have been so many excesses built up over the last 10-15 years. How do you reduce those kinds of excesses without a hard recession at some point?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
