ECONOMY how much is it changing your purchases
 

Ill be honest, I have never wished before that I was wrong as much as right now as I believe we are heading blindly into a great great depression. A fiat based currency system is the essential base problem and the government will use its collapse to usher in the new currency and North American Union. I pay attention to the markets quite a bit and can see the whole world turning away from our faith based currency, but enough personal beliefs.

I think things are going to be so bad that I am pretty much throwing up my arms and making new hunting purchases in the archery department. I have cut back spending in many areas except my new passion of bow hunting. In some sad way I actually consider it to be a little bit of a survivalist expenditure, which is how my wife helped me to justify my purchases.

RE: ECONOMY how much is it changing your purchases
 

Let's just say (disregarding the premise of WHY and even IF the country's in the state you claim....lol)....I'm glad I made some of my larger hunting purchases in previous seasons.

I won't spend more than $500 this entire season on hunting related products/goods/services. Probably......more like half of that.

RE: ECONOMY how much is it changing your purchases
 

The only thing i have really noticed so far is paying an extra 20 or so dollars at the pump, so thats only 80 dollars a month, then groceries and stuff I havent noticed too bad.. But it hasnt bothered me too bad with hunting YET... and I say YET....

RE: ECONOMY how much is it changing your purchases
 

Hasn't change my purchasing much at all because I don't have any money anyway.:) Price of gas has kept me home a lot more than I'm used to though. [&o]

RE: ECONOMY how much is it changing your purchases
 

I don't know if I am saddened or comforted by the fact that we wil all be in this together.

RE: ECONOMY how much is it changing your purchases
 

I don't think the sky is falling. There are a lot of industries that are thriving right now. The truth is we are in a slump, but I believe we will come out of it just fine. The only thing that scares me is our government keeps borrowing too much money. Also, we need to find another alternative energy source.

Anyways, to your original question I will cut back only a little bit on my spending. Not because of economy issues, but because I have been making major purchases the past 5 years and have about everything I could ever need.

Just remember, the economy always has andalways willcycle.

RE: ECONOMY how much is it changing your purchases
 

Not only that, but they're borrowing from people who don't even like us that much, like China and the Saudis. [:@]

RE: ECONOMY how much is it changing your purchases
 

Personally I think its mostly all a big joke. A bunch of mindless panic brought on by an overzealous media. Most people wouldn’t know we are in a bad situation if they didn’t have it shoved down their throat.
I go out to eat….packed restaurants. I go to walmart…full parking lot and lines are too long. Go to the local movie plex and you can’t find a parking space. People are still spending money hand over fist where I live. Maybe Pittsburgh is the only city not yet hit by the gloom and doom.

As far as I go, I will buy things as I see fit. If I need it, I’ll buy it. If not, I won’t.

RE: ECONOMY how much is it changing your purchases
 

Still as it has been. I save, then spend. In fact this yr I bought 2 new targets, & fletching tool.

RE: ECONOMY how much is it changing your purchases
 

I am simply working more this summer with my dozer (off from teaching) to put money away for my upcoming trips. I buy diesel in bulk and bought it at 269.00 this winter/500 gallons, so I still have a bit left there for a few camper haulingscouting/huntingtrips.. I need to get one airline ticket to ND bought asap .. to help with cost.. bout it..

RE: ECONOMY how much is it changing your purchases
 

Ummmm... groceries have gone up but not as much as gas. The price of beer is up from last summer! That should start a revolt right there! Airlines are charging for checked baggage.

RE: ECONOMY how much is it changing your purchases
 

Im sorry but the media is painting a much prettier picture then what is actually going on. The reason the lines are long and the places are full is because people are freaking clueless.

RE: ECONOMY how much is it changing your purchases
 

I think it's the other way around. The media is portraying a "recession".....and I'm betting not many even know the definition of the word.

If they did.....they'd realize we're NOT in one.

I agree with Rybo.

RE: ECONOMY how much is it changing your purchases
 

Changed my purchase of a new truck when I wrecked my old one to the purchase of a new tiny car. I commute 160 miles round trip a day. I'll put a hitch on my wifes compact SUV and use that with a small trailer for hunting trips.

RE: ECONOMY how much is it changing your purchases
 

It will greatly change my purchases. The price of gas alone will keep me at home most of the year.

And by all true definition standards.. I guess we're really not in a recession really. But according to many older people I know who've seen bad and good.. this is very bad. And I trust their opinions.. since they have about 40 more years of working on them than I.

I also know a great deal of people who own restaurants.. bars.. or work in some sort of entertainment industry. I have not heard one say their business is up.. all have spoken of tougher times.. and business way down from normal.

Lawyers.. dentists.. all manners of people I also know.. all with the same story.

Maybe its not a recession.. but things are in fact not good. When the dow continues to plunge.. and gasoline soars even higher eventually we'll all feel another pinch.

Many investors I know of do not see a light at the end of the tunnel for another 2 or 3 years. Earliest indications of a little better time in my industry is not until late spring of 2009.

Sorry I rambled.. but I find some dillusion to the fact anyone who says people are spending money hand over fist. I think not.

RE: ECONOMY how much is it changing your purchases
 

??

I think it's still up over 11,000, pretty handily. That's no unhealthy economy.

The definition of a recession is two (or more) consecutivequarters of negative gain in the US GDP.

Ijust don't see howthis can jive (the absence of this phenomenon)with everyone screaming"the sky is falling". Call me an optimist. What many see as a downturn in the market......many see as a perfect buying opportunity. The market also corrects itself, occasionally, when it becomes overvalued. Are we seeing this? Probably.

Also....something you might not think about much....but I think we're experiencing is.....

This Obama fella is ahead in the polls, right now. That scares the **** outta me....and I suspect many investors.;)

RE: ECONOMY how much is it changing your purchases
 

I did not disagree with you jeff. I know the definition of a recession. I looked it up quickly before my previous post.

I simply stated that their are more people affected by the current economy than some seem to believe. I even gave many examples. Just because you are not directly affected by it... you are indirectly affected by it in some way.

I just venture to guess that people are indeed not spending monies hand over fist... which was earlier implied.

RE: ECONOMY how much is it changing your purchases
 

It's like the unemployment figures quoted, recently. (and for the record....I agree with the quote, above)...

We went from a national average of 5% to 5.5% this past recording period. To the average US citizen (and without a doubt, it's factual).....that's a jump of 10%! The latest figures DON'T confess that this is a normal spike this time of year (when the influx of new HS and college grads hit the workforce marketplace).

Lies, Damn lies and satistics. If you asked me.....the more the US media tries to imply a recession....the more they scare the hell out of the US consumer....and perpetuate just that.

When the figures show they're telling the truth, I'll buy it. It's like I always usedto say in golf...."every shot makes SOMEBODY happy". Obviously....there are some people making out in the current economy....or we'd see evidence otherwise.

Gas prices are killing a LOT of people both directly and (as you describe) indirectly (in the form of higher food prices and ALL other goods.

Conceded.

RE: ECONOMY how much is it changing your purchases
 

In general I am a bit of a minimalist,meaning I don't purchase things unless I need them,I also use holidays when I am receiving gifts to fill in the area's of items thatI need or want.
In my profession as an Insurance Agency owner I deal with a lot of owners of small and medium sized business's across a number of industries and they are much slower than they are accustomed to being,what that translates to I can't say specifically.I do know that for many people now times are tight.

RE: ECONOMY how much is it changing your purchases
 

I spend around $2000 a year and I'm pretty close already this year.

Who knows next year;)

Dan

RE: ECONOMY how much is it changing your purchases
 

Oh, yeah. Blame the media. It's all their fault. Why I saw Tom Brokaw down at the corner, ramping up the prices on the sign at the gas station, just the other day.

RE: ECONOMY how much is it changing your purchases
 

I was the one stating that, because that is what I see. I also qualified my statement that maybe Pittsburgh's economy is doing rather well compared to the rest of the country. You go to ANY major location of entertainment, food, & shopping, and you can't find a place to park. That is the way it is around here.

RE: ECONOMY how much is it changing your purchases
 

Question No 1: Which political party benefits from the perpetuation by the media that the economy is in shambles?

Question No. 2: Which political party does the vast majority of the mainstream media lean towards?

RE: ECONOMY how much is it changing your purchases
 

Whichever party is not in power when the dung hits the fan.

Depends on whether you're watching Fox or NBC or reading the Washington Post or the Wall Street Journal. I think it's split about 50-50 and you have to sift through ALL their BS to find a few pearls of truth.

edit:

Am I the only one who remembers when Slick Willie was in office, and Hillary complaining about the media and it's involvement in the 'vast right wing conspiracy?' Now we've got Republicans griping about the media's vast socialist agenda because they're reporting on the economy?

It's more than getting a little old. Put the blame where it lies. It was Clinton's fault he was getting hammered. Now Dubbya is taking his turn in the hot seat. Rightly so, on both counts.

RE: ECONOMY how much is it changing your purchases
 

That's funny, Arthur.....lol.

The "vast right wing conspiracy" was Hillary's term....when the media began reporting on Bill's fling with MOnica Lewinski. So...what were they supposed to do? Not report on it? She was trying to downplay the "event" the best way she knew how.....which was to try and shame them into NOT reporting it. She was doing what most saw/see now as "damage control".

Who's doing this? And....if you don't mind....define "socialist" and how it applies to your statement; your charge and your implication.

Right-O! But CLinton got a "pass" from the mainstream media at almost every turn.

One of the main polling agencies did an anonymouspoll a few years ago....and the %-age of liberal v republican "journalists" was something close to 90/10. "Conservative" and main stream "Journalism" go hand in hand about as much as oil and water do.

What does George Bush have to do with our economy?

**Disclaimer - I am NO GWB fanboy.

RE: ECONOMY how much is it changing your purchases
 

I believe billary was complaining about right wing talk radio,but I could be wrong and there is NO WAY there is a 50/50 split in the news media,NO WAY.(GMATT HAS IT RIGHT I BELIEVE)


I personally haven't changed a thing.BUT,I am not one that spends alot on hunting gear.A few years ago I spent alot on target stuff but I don't play that game anymore,that has been replaced with trips to ball tournaments every weekend and accesories for the kids.



Seems that these horrible times we keep hearing about are not changing many on here spending habits on hunting.How many are really suffering like we keep hearing about?

Don't get me wrong,gas and food have gone up and I don't like it anymore than anyone else.The sad reality is that the market sets the price of oil and the market has just about seen the max it can withstand imo.


Ihave to add,timeswere MUCH TOUGHER around here under Clinton.MUCH TOUGHER.When he sold us out to theChinese,it just about destroyed the work force around here.;)

RE: ECONOMY how much is it changing your purchases
 

Just wander down the page to the political forum - where this thread is heading if we don't get back on topic[:-] - and check out what they're saying there. That's where the socialist 'insinuation' comes from.

Anonymous poll? I was a cub reporter as my first job after getting out of my first run at college. I'd have to know what kind and how many high octane beverages had been consumed before answering the poll before I could pay much attention to that. All the reporters I knew were half ripped most of the time and didn't mind telling lies amongst friends. Might have just said what they reckoned the pollsters wanted to hear.

What does George have to do with the economy? Well, let's see... It's his and his advisors' decisions on both the economy and foriegn affairs that set up the ground rules that lead us into this mess. He's top dog in his administration and, historically, it's the boss who foots the blame for what goes wrong. Hence, he dunnit.

That's as much as I intend to say about this. Didn't intend to say this much in the first place, but I got my dander up about blaming the media. So, let's get back on topic now, shall we?

RE: ECONOMY how much is it changing your purchases
 

As long as it's a republican in said office....we agree.;)

And the thread's about the economy.....so this isn't a stretch, at all. I can tell you if the junior senator from IL becomes our next president......I'm gonna sit on all the money I have thathe doesn't take.[8D]

Have a good evening.....

RE: ECONOMY how much is it changing your purchases
 

Get used to it. That's the next President of the USA you're talking about. Mark my words!;)

RE: ECONOMY how much is it changing your purchases
 

NW Louisiana's economy is kicking ass.

Our state seems to run counter to the country in almost everything. [8D]

RE: ECONOMY how much is it changing your purchases
 

Cajuns run a little 'counter' in a lot of ways.[8D]