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Frugality Among Consumers Is Outliving Recession
AP ^
| 5-2-1010
| Jeannine Aversa and Bernard Condon
Posted on 05/02/2010 7:12:16 PM PDT by blam
click here to read article
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Marjorie Feldman probably suspects that the government is lying and that we're headed for a depression if we aren't already there. I'm glad to see she's 'stocked-up' some. Ahem, not a prepper though, just 'stocked-up.'
1
posted on
05/02/2010 7:12:16 PM PDT
by
blam
To: blam
So...
Even as the economic recovery plods ahead, many American consumers are refusing to come along.
Does it occur to the ass-hats at the AP that many American consumers are still freakin' unemployed?
2
posted on
05/02/2010 7:15:24 PM PDT
by
Lysandru
To: blam
Unfortunately, the spendthrift nature of the Federal and State governments also outlives the recession.
3
posted on
05/02/2010 7:17:06 PM PDT
by
donmeaker
(Invicto)
To: blam
Spending lavishly means the government gets more tax revenue. I say starve the beast. Buy only what you can afford in cash and pay only necessary bills and kill the sundry purchases.
4
posted on
05/02/2010 7:18:32 PM PDT
by
Extremely Extreme Extremist
(Obamunism: You have two cows. The regime redistributes them and shoots you dead)
To: Extremely Extreme Extremist
"Spending lavishly means the government gets more tax revenue. I say starve the beast. Buy only what you can afford in cash and pay only necessary bills and kill the sundry purchases." Ditto.
(Blackmarket and underground too)
5
posted on
05/02/2010 7:22:04 PM PDT
by
blam
To: Lysandru
Not only that, people aren’t getting raises or bonuses like they were, and everything still keeps getting more expensive. I can’t believe what food costs me now.
6
posted on
05/02/2010 7:22:04 PM PDT
by
mamelukesabre
(Si Vis Pacem Para Bellum (If you want peace prepare for war))
To: blam
Oh, we are all spending more. Taxes and fees of every kind have shot up. It costs more for garbage pickup and city food taxes and all kinds of things.
I’m giving up stuff at the grocery store because I just get a shiver and think, “It’s immoral to spend that much money on a non-necessity”.
7
posted on
05/02/2010 7:23:12 PM PDT
by
donna
(I never really had roots in any one place or culture or ethnic group. - President Obama)
To: donmeaker
Exactly. With the Spendthrift-in-Chief sitting in the Oval Office financial catastrophe and our California legislature looking for another bailout from Washington, er China, I’ll just pay down my mortgage as fast as possible. Everything else can wait until the liberals are out of power.
To: blam
During and after the “Great Depression” people got frugal. It was only after the war when money flowed freely again that the spendthrift attitude resurfaced. History..repeating?
9
posted on
05/02/2010 7:27:21 PM PDT
by
Don Corleone
("Oil the gun..eat the cannolis. Take it to the Mattress.")
To: blam
I’m not convinced we are out of a recession. The only thing that says we are out is numbers cooked up by the White House.
10
posted on
05/02/2010 7:27:32 PM PDT
by
Ingtar
(My dog died yesterday, but less than expected. - Freeper Juan Meden)
To: blam
I’ve always been frugal. It’s good that everyone else is discovering it now. I even go further than most because many years ago I invested in a professional dehydrator that will hold 28 trays at a time. When fresh veggies go on sale I buy a lot and dry it.
To: blam
Of course another, blame the victims, instead of blaming the real culprits.
Congress, Obama and specifically Pelosi, Reid, Rangel,
Schumer, Barney Frank, Maxine Waters, Dodd...
12
posted on
05/02/2010 7:30:32 PM PDT
by
Freddd
(CNN is down to Three Hundred Thousand viewers. But they worked for it.)
To: blam
The government (read: obama) rips our economy apart, takes over major industries and banks, two congressional crooks kill our housing industry the the next 20 years, the press promotes it all and releases nothing but gloom and doom...and now they say it's the "people's fault" because we're "not spending enough.".
Nobody in their right mind is going to even attempt to go back to 'life as usual' as long as this street hustler is in the White House. In fact, it may never go back to what it was because of the extreme level of distrust for Washington and politicians in general that this administration has foisted upon us all.
And the media deserves what they get...they have aided and abetted this criminal the whole time, so if we're not buying their advertiser's products, and their advertisers get tight and drop the ads and the media outlets go out of business...tough cookies.
I can squeeze a few more years out of my old cars, and my furniture is serviceable, and I could cut back on the food too.
I refuse to take part in financing obama's pimp-squad, rock'n'roll, plastic banana good times freaknik of a presidency anyway.
This country will never be the same as long as we have obama, and even the memory of obama...he's ruined it for everyone...including his own followers...they just don't know it yet.
13
posted on
05/02/2010 7:32:28 PM PDT
by
FrankR
(Standing up against tyranny must start somewhere, or the future will belong to the tyrants.)
To: blam
Article on being frugal, but I see smart balance there in the picture. Quite possibly the most expensive product in the grocery store compared to similar products.
14
posted on
05/02/2010 7:32:40 PM PDT
by
Domandred
(Fdisk, format, and reinstall the entire .gov system.)
To: blam
It’s easy to be frugal when you’re unemployed.
15
posted on
05/02/2010 7:32:53 PM PDT
by
Hoodat
(For the weapons of our warfare are mighty in God for pulling down strongholds.)
To: mamelukesabre
“I cant believe what food costs me now.”
Contrary to whatever the statistics may be saying, food does seem to be going up in price. Significantly. Factor that in and I’ll bet consumer spending in real dollar terms probably hasn’t gone up much at all.
16
posted on
05/02/2010 7:33:00 PM PDT
by
RKBA Democrat
(Lord Jesus Christ, Son of God, have mercy on me, a sinner!)
To: blam
I firmly believe they are lying. Heck, they’ve been caught in them over the last several years. They are literally saying the danger is over as they themselves pray for a miracle.
Personally, I think they have as much chance of solving this as anyone had of keeping the Titanic from sinking once it hit that iceberg. At this point, who is at the helm is completely irrelevant regarding the ship itself. Regarding how full the lifeboats are and who is in them...well, that’s another story.
17
posted on
05/02/2010 7:33:54 PM PDT
by
RobRoy
(The US Today: Revelation 18:4)
To: blam
people are also probably saving up for when the Bush tax cuts expire next year.
To: Lysandru
>>Even as the economic recovery plods ahead, many American consumers are refusing to come along. <<
That is BS. What they mean is “Even as the MSM is claiming an economic recovery is plodding ahead, many American consumers are refusing to come along.”
Frugality is just smart and, frankly, more fun. At least it is for us. Our dishwasher broke two months ago and we let the landlord know, but we told him it’s not necessary to fix it. So far, we enjoy doing our own dishes and it is more energy efficient.
‘Course, there’s only two of us...
19
posted on
05/02/2010 7:36:12 PM PDT
by
RobRoy
(The US Today: Revelation 18:4)
To: blam
Four, rice, and beans are cheap. For now, anyway.
20
posted on
05/02/2010 7:36:48 PM PDT
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
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