2008-08-30, 11:00 AM
Well, part of that's just normal inflation - you used to be able to get candies for 1 cent, now they're 50, etc. It happens, can't do anything about it. And, not everything is going up - one of the reason's we're like this is because prices are *dropping* in the housing market.
But @TC, the economy is a little topsy-turvy at the moment because people aren't buying enough. That's what those rebate checks were for, to get you to buy stuff. Bush and Congress, at least in the beginning for the latter, wanted to go to war - it doesn't matter what war it is (except WWII. If my grandfather isn't BSing, we had enough BURNING AMERICAN FREEDOM [read: rabid patriotism] to fix our economy, cure cancer, and eliminate the unemployed), wars will drain money. We also have an overly large national debt, as has been previously pointed out.
But really, unless you're a businessman, nothing much has changed - normal stuff is about a dollar more expensive overall and a few businesses have closed. If you haven't noticed it in real life, don't start worrying now.
Please note that my information has been entirely gleaned from the evening news on a variety of local stations/my parents discussing their economic situation, so I might not know what I'm talking about/about the situations of others. Low-middle class SoCal here.
But @TC, the economy is a little topsy-turvy at the moment because people aren't buying enough. That's what those rebate checks were for, to get you to buy stuff. Bush and Congress, at least in the beginning for the latter, wanted to go to war - it doesn't matter what war it is (except WWII. If my grandfather isn't BSing, we had enough BURNING AMERICAN FREEDOM [read: rabid patriotism] to fix our economy, cure cancer, and eliminate the unemployed), wars will drain money. We also have an overly large national debt, as has been previously pointed out.
But really, unless you're a businessman, nothing much has changed - normal stuff is about a dollar more expensive overall and a few businesses have closed. If you haven't noticed it in real life, don't start worrying now.
Please note that my information has been entirely gleaned from the evening news on a variety of local stations/my parents discussing their economic situation, so I might not know what I'm talking about/about the situations of others. Low-middle class SoCal here.