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Archive for December 9th, 2008

Dec 09 2008

U.S. Economy Dominating Politics

Published by dougkueffler under U.S. Economy Edit This

The U.S. Economy is Dominating Politics

The News Media continue to headline new economic bad news every single day.  The Stock Market Reacts to every economic “sneeze” like a dotting mother.

The general population has turned their attentions away from the political process, the Presidential Transition, the press conferences, the cabinet nominees and whatever else the media and the politicians WANT us to keep in focus, while “We, the People,” in order to form a more perfect plan to survive this economic DISASTER, are focusing on the struggle to make mortgage payments, car payments, insurance payments, and credit card payments, while supporting and helping family members who have lost jobs or have been put on reduced hours.

And speaking of credit cards, watch out this year, as the temptation to make this a “normal” Christmas for the kids can bankrupt you in the new year.   No, you can’t make this a “normal” Christmas for the kids.  Do them a favor and expose them to the fact of life that they REALLY need to learn: It takes MONEY to EAT!

Teens and pre-teens are old enough to understand the concept of “tightening the belts,” of economizing, of sharing the burdens of a household’s finances.  Not every little thing, of course, but the main facts.  Take it easy on expenses this Christmas and it will pay dividends in the next year.  There will be “time enough for celebrating when the dealings done” and we have a new economic recovery plan in place so the dollars start to flow from the Federal spigot down to the ”folks on Main Street,” as the candidates would say. 

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