We’ve had plenty of blogs talking about people saving more money than they used to, people cutting back on purchases and a lot more focus on people spending their money wisely (brilliant idea!). The question for US retailers is – Is the current mentality of the US Consumer here to stay? If you had asked [...]
[Read More...]Archive for the ‘Economy’ Category
Why is Obama rejecting repayment of TARP money?
April 7th, 2009 by Will Crowthers 3 Comments »Another shout out to Mark for sending over an interesting opinion article from the Wall Street Journal. In the article, Mr. Varney makes a compelling argument that the Obama administration is seeking direct control over the banks by keeping their stakes in them. This is far too close to the public sector crossing into the [...]
[Read More...]Why doesn’t the US teach personal finance?
April 4th, 2009 by Will Crowthers 2 Comments »This question has lingered in my head for years and I am still baffled by the thought that almost no one is taught basic personal finance from Kindergarten through 12th grade. Think about it, where did you learn how to save money? How did you learn what a 401(k) was? Who told you about credit [...]
[Read More...]Inflation Defined, Visually
April 3rd, 2009 by Will Crowthers waiting for comments...Inflation is a complicated term and is often times used incorrectly. Shout out to Mark for providing this excellent visual explanation of inflation. The explanation is lengthy, but very good at giving you the good, the bad and the ugly of inflation. Read the entire guide – its worth it.
[Read More...]Understanding Obamanomics
March 31st, 2009 by Will Crowthers 2 Comments »If you have read or watched any news in the past week or so you have not only heard a ridiculous amount of information regarding AIG, but you have probably also heard a little bit about Obama’s new budget. Funny that our attention is on AIG while the president is putting together perhaps one of [...]
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