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Old 03-14-2012, 10:58 AM
 
26,589 posts, read 52,646,645 times
Reputation: 12952

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The amount of junk mail and credit card offers that show up in the mail box every day. It's not quite back to what I was getting in 2006, but getting pretty close.

For a couple years I'd get a credit card offer every couple of months, now it's every couple of days.

And when the economy totally tanked, advertising budgets were cut to nothing and the junk mail pretty much stopped. Today I got eight different pieces of junk mail ranging from an invitation to a get rich in real estate seminar to a vacation club pitch to a flyer from a local furniture store and anything in between.

The fact that the companies are sending this mail again shows they are starting to see profits again--and conversely they are hiring people to handle the advertising/design, printing, and mailing again.

It shows promise that the economy is continuing to improve.
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Old 03-14-2012, 11:25 AM
 
Location: Tucson, AZ
1,696 posts, read 3,041,286 times
Reputation: 1535
Quote:
Originally Posted by annerk View Post
The amount of junk mail and credit card offers that show up in the mail box every day. It's not quite back to what I was getting in 2006, but getting pretty close.

For a couple years I'd get a credit card offer every couple of months, now it's every couple of days.

And when the economy totally tanked, advertising budgets were cut to nothing and the junk mail pretty much stopped. Today I got eight different pieces of junk mail ranging from an invitation to a get rich in real estate seminar to a vacation club pitch to a flyer from a local furniture store and anything in between.

The fact that the companies are sending this mail again shows they are starting to see profits again--and conversely they are hiring people to handle the advertising/design, printing, and mailing again.

It shows promise that the economy is continuing to improve.
Meh- my experience is different. It seems like I NEVER stopped getting those damned offers. Every time I turn around, my mail bin is filled up with that junk, and that's been the case pretty much non-stop for a long time.
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Old 03-14-2012, 06:01 PM
 
Location: Palm Beach Gardens, Fla
1,889 posts, read 6,951,361 times
Reputation: 1525
I don't get any of those anymore. I opted out years ago (via credit reporting agencies). Here's some info from the Federal Trade Commission on additional ways to protect your privacy:

Federal Trade Commission
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Old 03-14-2012, 06:03 PM
 
26,589 posts, read 52,646,645 times
Reputation: 12952
I've opted out as well, but they still come. If you have an account with that bank or lending institution, they still send all the offers, even if you've opted out. Amex is one of the worst for it. I got two separate offers from their affiliates today!
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Old 03-14-2012, 08:21 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
28,085 posts, read 49,828,962 times
Reputation: 28080
Hey, the postal service would have been out of business years ago without that junk mail. Surely you don't want your mailman to join the ranks of the unemployed!
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Old 11-07-2013, 06:59 AM
 
1,420 posts, read 2,501,419 times
Reputation: 2243
U.S. economy's growth rate a strong 2.8% in 3rd quarter - latimes.com
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Old 11-07-2013, 08:19 AM
 
1,923 posts, read 1,971,831 times
Reputation: 1810
Credit is part of the problem. People buying houses they couldn't afford and racking up credit cards they couldn't pay off.
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Old 11-07-2013, 04:45 PM
 
Location: Metro Detroit, Michigan
11,786 posts, read 13,102,753 times
Reputation: 12495
Quote:
Originally Posted by parried View Post
Credit is part of the problem. People buying houses they couldn't afford and racking up credit cards they couldn't pay off.
The economy would crash and burn without credit. But nice try.
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Old 11-07-2013, 07:12 PM
 
Location: Wartrace,TN
5,233 posts, read 8,096,221 times
Reputation: 10305
Bless your heart. Junk mail equates to economic improvement? Do some research. Ask yourself WHY we need to continue a .25% DISCOUNT RATE and 85 billion of bond buying per month by the fed if the economy is improving. 85 billion per month is over 1 trillion dollars per year.
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Old 11-08-2013, 12:56 AM
 
Location: Buckeye, AZ
25,043 posts, read 14,253,141 times
Reputation: 9096
Quote:
Originally Posted by Wartrace View Post
Bless your heart. Junk mail equates to economic improvement? Do some research. Ask yourself WHY we need to continue a .25% DISCOUNT RATE and 85 billion of bond buying per month by the fed if the economy is improving. 85 billion per month is over 1 trillion dollars per year.
Some people just try to use coralation for causation. The fact is the credit cards never stopped. Several have sent for me to apply over the recession/recovery but that doesn't mean crap. The point is for many, the economy is good only if you are in the stock market or didn't lose your high paying job (or found one to replace your previous job.)
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