Re: Let's Talk About Trend
Meanwhile middle class is spending more and more and more on food and gas-the essentials. margin compression for businesses about to become even bigger cost-push for everything else.
wages not increasing either. spare cash not being spent? not so much. Oh, and my flex savings account for this year? 2/3 already decimated from one little broken arm-and phys therapy still to come. Haven't even seen my GP or dentist yet this year. FSA account will likely be drained by mid-year.
oh yes, and the unretired boomers and genXers are trying to save for retirement too-insufficient savings and stagflation tsunami looming bigger and bigger. 2012-2014 here we come (bottom of 120-year cycle).
"life can only be understood backwards, but it must be lived forwards" - soren kierkegaard
Bookmarks