Posted on 05/02/2010 7:12:16 PM PDT by blam
Where I work, my bonus is 15% of my pay. The company has paid bonuses (assuming there was not a specific employee with performance issues) since it’s inception quite a few years ago. Last year, bonuses ended, as did the annual pay raise.
Yep, we all got a 15% cut in pay. We’ll see what happens this year.
The AP is suck a joke. There is no recovery.
>>Oh, we are all spending more. Taxes and fees of every kind have shot up.<<
That is one of the reasons I’m spending less. I’m starving the beast. I live in a sales tax state. They can’t tax what you don’t spend. Garage sales and Craigslist are helping too. Virtually everything I buy new falls in the category of food or shoes. And I make six figures. Starving the beast regarding income is a bit more of a challenge, but I’m working on it. ;)
Don’t buy the AP lie. There is no recovery. This is all a setup by AP to try to get fools to think the economy is improving. It is not.
If I lived in CA, I’d be looking for a way to move out. Heck, I live in Washington state and bought a farm in Central Kentucky last August and plan to move there, at all costs, this summer. And the primary reason is that I can’t stand the WA government.
Only an idiot would believe food isn’t going up. I’m literally spending double on food what I was 5 years ago. And I’m eating cheap crap now compared to what I used to eat.
YEP....we were looking at an entertainment center for about $700-800 for a 52” TV we bought last year.....I found a cherry cabinet that works PERFECTLY....for $15...at a garage sale!
LOL. A recovery.
That is happening everywhere...from the bottom of the economic ladder to the top(well, not the very top, those bastards get paid no matter what). I’ve been hearing the stories of no more bonuses for at least 3 years now. They aren’t coming back either. not ever.
“I’m literally spending double on food what I was 5 years ago. And I’m eating cheap crap now compared to what I used to eat.”
I’m not surprised. It’s telling how so many folks have taken up gardening lately.
Food prices are up over 10% in the last year.
I stumbled upon a “scratch and dent” grocery store. Have been able to drop total spending on groceries to what we spent 4 years ago.
““Even as the MSM is claiming an economic recovery is plodding ahead, many American consumers are refusing to come along.””
Or, Even as the MSM is claiming an economic recovery is plodding ahead, many American consumers have noticed it actually is not.
I started “stocking up” RIGHT AFTER Obomba was elected....my friends probably think I’m loony...but, I don’t care....
I never used to spend more than $2 a pound on meat. I go to Costco, etc. I can’t even get hamburger any more for less than $2.99 per pound. I CAN spend less than $2 per pound on chicken. That’s it.
When I bought soda, I’d only buy it if it was 99 cents for a 2 liter bottle. They are never less than $1.49 now.
I would never pay more than $2 for a box of cereal. I see those deals a couple of times a year now, a loss leader obviously.
Gas is another obvious example, and is probably the reason for the increases above.
“Even as the economic recovery plods ahead, many American consumers are refusing to come along.”
Because we are facing a govt that is targeting small business with increases in existing taxes and introducing new taxes that suck the lifeblood out of our industries.
And we are facing a govt that is hell bent on breaking the middle class so as to have a two tiered system of extremely wealthy (obama and his buds) and extremely poor (us) just like his homeland of kenya.
Frugality is wrongly put. It’s called hunkering down until we get an American president who was born here and has a real emotional attachement to this country and it’s people and doesn’t implement policies that are destructive to the country.
Hey baraq, were a lot smarter than you give us credit.
And we are natural born citizens who won’t give up without a fight.
PUNK. PUKE. Go back to kenya where you belong.
So the Ass. Press is claiming the recession is over and “green shoots”, etc.? Hahahahaha! Wait ‘til they lose their jobs in a few months!! LOL
You don’t have a Wal-Mart near you? We pay about $2 for a pound of ground beef, around $2-3 for their brand of cereal and .67 for their 2 liter pop.
So its the consumer’s fault, not the por for that matter, the policies of Dear Leader or his fellow travelers in Congress? People are preparing for the long haul, I think.
No, I don’t have Wal-Mart with groceries. Shame about that. I would love one. But our community is foaming hysterical about “big box” stores. We are supposed to shop in boutiques. Costco slipped in just prior to the hysteria, about 20 years ago.
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