Thursday, December 11, 2008

Sad Economics Time

The New York Post just posted a story titled "BETTER SIGN OF TIMES". This comes about because the NY City SANDWICH BOARD Man got a job.

This is great for the Sandwich board man, but a better economy this does not make. There are two weeks left till Christmas and stores are running more and more sales, TV and online advertising campaigns. This is due to slow downs and decline sales from 2007. As well, this year temporary help numbers are down for the season and many stores have chosen to not hire and cut their regular employees to part time.

The bottom line is that the media tends to create big hype. We are now in tuned to their efforts to persuade us to one side or another. Proof is that we have know elected the First Black President. We as a people are capable of making better choices. Newspapers are almost all gone. Magazines have downsized, the print publications of the past with hundred and hundred of pages have decline, some to single digits. Wake up America! We are in a state of economic depression; it is time to do all things possible to build a nestegg. The rich keep getting richer because in these times they are able to buy stocks at an all time low price, they can afford to float cheap real estate. If you would have planned better, you too would be getting wealthier, stop blaming the man, and start placing the blame on yourself.

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