Posted by JML755 on December 08, 2008 at 09:31:04 from (66.184.63.110):
In Reply to: OT The Economy posted by RobMD on December 07, 2008 at 12:42:27:
Work for an auto supplier, wife is a nurse. Like others, especially in Michigan, wife and I still employed but don't feel "secure", so we're now carpooling to work, brown-bagging lunches, no expensive restaurants, no discretionary spending (clothes, tools, household items), only necessities. Actually able to put several hundred or so a month extra into savings. Bad times are here and going to get worse.
As others have said, it's psychological now. Everyone is hunkering down and it will take a boost in consumer confidence plus a turnaround in the fundamentals of the economy before things turn around. Expect 5-10 yrs before the "good times roll" again.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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