Wishful thinking in this cheery piece. We've cut back on eating out etc. since gas has shot up and our electric bill was $100 higher than we've ever paid before. Wait till the heating bills hit in another couple of months. The economy will be going down as inflation on every product trucked to us goes up. Sell your Walmart stock because the lower income people will be very hard strapped in the coming months, and things don't look good for middle income folks with a lot of debt either as credit card minimum payments are due to double. Better pay off the plastic as soon as you can.
Makes sense to me. Why worry if you can pay for the gas at the pump with money from your HELOC ;-)
The real estate market reminds me so much of the stock market a few years ago right now.
I can't get over all the high property taxes people are paying with the new high cost of homes.