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Don't Call It A Comeback For Credit Cards?
Our friends over at Recession Wire posted a story about the decline of credit card usage. Their post highlights a recent survey in which a significant number of Americans claim to be swearing off credit cards for good. They wrote: Almost a quarter of people said they had permanently changed their attitude towards credit cards…
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Less Money Is Not An Excuse To Trade Chicken For Chips Ahoy
Months ago I discussed the surge in sales of Spam, Dinty Moore stew, Hormel’s chili and cheap win. Now it’s only right that I talk about the surge of your stomach. Despite the supermarkets of America bombarding customers with sales, it seems grocery shoppers are still opting to go as cheap as possible with their…
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Should Wall Street Channel Scrooge?
There are 15 million Americans now unemployed. The foreclosure crisis has yet to settle with thousands currently fighting to keep their homes. Next month, close to 2 million Americans will have exhausted their unemployment benefits. Last month, nearly half a million already lost theirs. And now there have been reports that roughly half of all…
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15 Jobs That Might Lead You To Baldness, Begging For A Prescription
It’s Monday morning, which means you’re either thanking God that you’re kicking off another week at a job you love or sending your millionth prayer for a benefactor. It’s Monday morning, which means you’re either thanking God that you’re kicking off another week at a job you love or sending your millionth prayer for a…
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Is The Recession Really Over?
The government has issued what looks to be the first sign of economic growth in two years. Analysts expect to see growth in the July-September quarter at 3.3 percent. If correct it would end four straight quarters of contraction. Is time for celebration? Not so fast. Although many will point to this being a sign…
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If You Can't Wear It On Your Feet, Eat It On Your Plate
Have you noticed that your neighborhood pimp and/or gaudy area deacon hasn’t been steezing on these heathens the way they used to? That’s because they along with other connoisseurs of alligator accessories have scaled back on their need for reptile wear. USA Today published a report on how the global economic recession has affected the…
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Buy A Patch, Run A Mile If You Want To Keep Your Job
MSN’s Money reports that although Americans spend a whopping $2.5 trillion on health care and related expenses each year, employers cover in excess of 70% of the total cost of health insurance premiums. As the health care reform wages on employers are bypassing politicians and insurance companies and are actively searching for their own ways…
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Forty Cities Not as Bad off as The Rest of the Country
Though it doesn’t seem like it, there are some American cities still thriving in the recession. And when I say thriving, I mean by the standard of, “well, they’re not floundering as bad as the rest of the country.” BusinessWeek.com used data and analysis from the Brookings Institution’s new MetroMonitor to come up with the…
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Will The Economy Lead To More Balloon Boys?
Michael Arceneaux hails from Houston, lives in Harlem and praises Beyoncé’s name wherever he goes. Follow him on Twitter.
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Despite Hard Times, People Opt To Celebrate Halloween
Forgive me for not being caught up in the spirit of the boo, but I haven’t dressed up for Halloween since I was six-years-old. I dressed up as Buster Bunny from Tiny Toon Adventures. At the time (and probably still now) my teeth went perfectly with Buster’s aesthetic. However, since then I haven’t paid any…
