Just one of the reasons I so often skip the business section of the Boston Globe.
"State of Americans’ personal finances offers some reasons for optimism" by Dave Carpenter, Associated Press / January 29, 2011
CHICAGO — Just as President Obama took a reassuring tone in the State of the Union address, there are reasons for optimism when it comes to our personal finances.
The stock market has come back, companies are starting to hire again, and economists are increasingly upbeat about the future. But unemployment remains stuck at more than 9 percent, home prices are falling, and the pace of foreclosures is accelerating.
Related:
"A report from the Labor Department showed applications for jobless benefits increased by 51,000 to 454,000 in the week ended Jan. 22."
I'm so tired of being lied to by s***-shoveling "reporters."
One positive dividend from the hard times: Many have learned to be more conservative in their money habits....
Unless you are part of the wealthy elite or the war-mongering U.S. government.
From what I've heard bankers are buying $150 hamburgers and showing off their $100,000 watches.
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