Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Hey, that feels pretty damn familiar.

What is it? Oh, it's just the foot of Schwarzenegger & co. on our backs.

Dammit, this will never cease to make me angry. For the most part, the disabled already live in poverty, and they have no way of changing that. You usually can't magically become un-disabled. And disability is, by definition, the inability to just "work harder" to make ends meet. It's the inability to work enough to live.

And here we go cutting their benefits left and right (including, apparently, again, COLA for the blind and disabled). With an inflation rate of 4.3%. So that we can ease the burden on those poor yacht consumers.

Deep breaths.

Harbinger

This is how you know your economy is for shit.

Wal-Mart noted in its news release that gift card redemptions were below expectations and that customers appear to be holding gift cards longer and ''using them more often for food and consumables rather than discretionary purchases.''

We're doomed.

(article), (via)