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Archive for 'The Economy'

Recessions Are Nothing New

News broadcast are heavy into describing the misery in the local economy.  Often their major story hinges on bad news that has fallen on local and national businesses.  Plants are closing, people are losing their jobs, cities are out of money, and budgets are under water.
Maybe they need to report what sells.  And misery loves [...]

Buy Local: Good Idea or Not?

David Goldman, CNN Money.com staff writer, has posted an excellent article highlighting a long standing argument. Does it make sense to buy local or is it better for the economy to buy from the low cost producer?
Goldman’s article, “‘Buy American’-Sparks fly’ A stimulus provision that bans the purchase of foreign construction materials for public works [...]