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Consumers Face Challenges in Handling Debt (Higher Consumer Cost Squeezing People.)
Yahoo Finance ^ | 7-3-06 | Eileen Alt Powell

Posted on 07/05/2006 5:39:20 AM PDT by Hydroshock

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1 posted on 07/05/2006 5:39:21 AM PDT by Hydroshock
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To: Hydroshock
"how can I not spend $80 on dry-cleaning."

Funny. I don't spend a penny on dry-cleaning. And I'm not in debt. What are the odds?

2 posted on 07/05/2006 5:41:46 AM PDT by ClearCase_guy (Without a monkey, "You are nothing, absolutely zero. Absolutely nothing.")
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To: Hydroshock
The slowing economy also is depressing income growth, so a greater percentage of take-home pay is going toward necessities and less is left over for debt payment.

A 5.3% growth rate is a slowing economy???

3 posted on 07/05/2006 5:42:22 AM PDT by Dog Gone
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To: ClearCase_guy

That one struck me as well.


4 posted on 07/05/2006 5:44:44 AM PDT by Hydroshock ( (Proverbs 22:7). The rich ruleth over the poor, and the borrower is servant to the lender.)
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To: ClearCase_guy
"how can I not spend $80 on dry-cleaning."

Stop spilling your $7 lattes on your blouse.

5 posted on 07/05/2006 5:47:39 AM PDT by Tijeras_Slim
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To: Tijeras_Slim

And stop buying blouses that need to be dry-cleaned.


6 posted on 07/05/2006 5:50:13 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Dog Gone
A 5.3% growth rate is a slowing economy???

It is if most available jobs are near minimum wage and for housing/living you need to earn $38,000 a year.

7 posted on 07/05/2006 5:51:10 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: DJ MacWoW
It is if most available jobs are near minimum wage and for housing/living you need to earn $38,000 a year.

That's a garbage argument.

8 posted on 07/05/2006 5:53:14 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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To: Coop
That's a garbage argument.

Try living in NY state. $7.50 or less an hour won't pay rent of $1100 a month. You can get places for $800 a month but you're then an hour away from work and paying a premium for gas. You may think it's garbage but upstaters are trying to live it.

9 posted on 07/05/2006 5:58:25 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Coop

No it is not. Yesterday I got to talk to a large number of my family members at our BBQ. Under the deck cover (raining buckets) and over beer i asked every one of us guys out there what they thought of the economy. Not one thinks it is going good, many are worried. I heard at least twice people dismiss the "leading economic indictators' as false. Perception is reality, Bubba.


10 posted on 07/05/2006 5:58:59 AM PDT by Hydroshock ( (Proverbs 22:7). The rich ruleth over the poor, and the borrower is servant to the lender.)
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To: Hydroshock

Hey, give Willie Green my regards when you scurry back over to the gloom 'n doom site!


11 posted on 07/05/2006 6:00:25 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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To: DJ MacWoW
Try living in NY state. $7.50 or less an hour won't pay rent of $1100 a month.

I live Upstate. That amount for rent is nuts. Where are you talking about?

12 posted on 07/05/2006 6:01:57 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: DJ MacWoW
Please turn down the violin music for a sec.

1) I have no desire to live in New York, thank you.

2) Your beautiful tale somehow provides supporting evidence of your garbage argument that most new jobs are minimum wage? ROTFL!

Now if you'll excuse me, I need to go get in line for bread.

13 posted on 07/05/2006 6:02:25 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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To: Coop
I have no desire to live in New York, thank you.

You'd like the red bits. If Upstate ever gets its own state, you'd like it even more :)

14 posted on 07/05/2006 6:03:43 AM PDT by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: DJ MacWoW
>A 5.3% growth rate is a slowing economy???

It is if most available jobs are near minimum wage

Topic is rate of change, not how well jobs pay.

The economy is growing at a robust pace. Some folks may not be enjoying a comfortable lifestyle, but that does not change the rate of growth. Which is spectacular right now.

The best way (only way) for poor folks to do better is for the economy to grow. Which it is. So quit yer belly-achin'.

15 posted on 07/05/2006 6:04:12 AM PDT by ClearCase_guy ("He hit me, he cries, he runs to the court and sues me.")
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To: Dog Gone

16 posted on 07/05/2006 6:04:23 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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To: ClearCase_guy

17 posted on 07/05/2006 6:05:36 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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To: Coop
Brother can you spare a lime?


18 posted on 07/05/2006 6:07:01 AM PDT by Tijeras_Slim
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To: mewzilla
I live Upstate. That amount for rent is nuts. Where are you talking about?

Orange County. Average price of a house was $266,000 two years ago. It more than doubled. I don't know what it is now. It's not any better in Sullivan either. After 9/11, the housing went berserk.

19 posted on 07/05/2006 6:08:02 AM PDT by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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To: Tijeras_Slim

Can I have yore empties? I kin git a nickel apiece for 'em, so's Ma and Pa can buy us some supper.


20 posted on 07/05/2006 6:08:52 AM PDT by Coop (No, there are no @!%$&#*! polls on Irey vs. Murtha!)
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