Comments on: What Does a Recession Feel Like? http://simpledebtfreefinance.com/what-does-a-recession-feel-like/ A Simple Approach to Getting Out of Debt and Into Wealth Thu, 24 May 2012 03:12:56 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Aaron Stroud http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-24 Aaron Stroud Thu, 05 Jun 2008 21:16:01 +0000 http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-24 Great anecdotes. I too wonder how anyone can claim we are in a "recession" with so much prosperity for <em>everyone</em><em>. Even laid off workers can find work, although they might need to develop some marketable skills if they want a job that pays well.</em> Great anecdotes. I too wonder how anyone can claim we are in a “recession” with so much prosperity for everyone.

Even laid off workers can find work, although they might need to develop some marketable skills if they want a job that pays well.

]]> By: Joe http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-26 Joe Wed, 28 May 2008 13:31:48 +0000 http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-26 Mark, I agree that Gas prices are a big concern as is inflation, specifically food prices. But the crazy thing is that $4/gallon gasoline doesn't seem to be the tipping point everyone thought it would be. I don't know what that tipping point is, but I know that most Americans have a very high standard of living and they do have room to cut back with things like cell phones, iPods, blue tooth etc... I think a drop in sales of consumer electronics and cell phone subscriptions might be a warning sign, but I have heard of Apple and Verizon sales suffering yet! Thanks for stopping by. ~Joe. Mark,

I agree that Gas prices are a big concern as is inflation, specifically food prices. But the crazy thing is that $4/gallon gasoline doesn’t seem to be the tipping point everyone thought it would be. I don’t know what that tipping point is, but I know that most Americans have a very high standard of living and they do have room to cut back with things like cell phones, iPods, blue tooth etc… I think a drop in sales of consumer electronics and cell phone subscriptions might be a warning sign, but I have heard of Apple and Verizon sales suffering yet!

Thanks for stopping by.

~Joe.

]]> By: Mark http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-25 Mark Sun, 25 May 2008 22:26:11 +0000 http://simpledebtfreefinance.com/what-does-a-recession-feel-like/#comment-25 I agree we are not in a recession now. If Gas prices keep going up I don't see how we can avoid one. I too have seen crowded restaurants.People seem to be driving as much as ever, but if it keeps up we are all going to have to draw the line somewhere with our spending.Income is not keeping up with outflow. I agree we are not in a recession now. If Gas prices keep going up I don’t see how we can avoid one. I too have seen crowded restaurants.People seem to be driving as much as ever, but if it keeps up we are all going to have to draw the line somewhere with our spending.Income is not keeping up with outflow.

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