What is the difference between a good economy and a bad economy? A lot of it is perception. If we feel it is a good economy it must be a good economy. You feel better about buying things and going in debt. So the ability to spend on things and activities may make for a good economy. So does easy credit make a good economy?
During the mid 2000s the easy credit on homes sparked a construction and home buying boom. Construction workers were making money. Developers. Retail business. But people were racking up debt that they ultimately could not or would not repay. So credit tightened up. Building stopped. People lost jobs. Foreclosures skyrocketed. Banks nearly failed. The merry go round stopped. Governments lost tax revenue.
Jobs that were previously hard to fill suddenly had droves of people turn out to apply. Factories closed. Retailers closed. The government extended unemployment benefits. Investors and retirees seen there assets disappear over night. Those that thought they had a secure future were back to square one.
Fast forward to today. They say the economy is better. Or is it just that we have come to accept the way things are. Savings accounts pay almost nothing. Most do not have any savings anyway as they are living hand to mouth. The number of people on disability and food stamps are through the roof. Making for a lot of people who are permanently unemployed. To a certain extent they have kind of hit the jackpot. Being able to get by without having to have a crummy job. But it is the new norm. This is our better economy.They say the average income is around $50,000. That is about $25 per hour based on 40 hours per week. How many people do you know making $25 per hour? The big money people drive up that average. People making millions, combined with the statistics that probably eliminate about half of the population is where that average comes from. Most workers are in the $10 per hour range.
Grocery, clothing, fuel and services have risen in price. To the young person now nearly $4 a gallon gas seems the usual. $4 a gallon milk and box of cereal. $4 for a 5 pound bag of potatoes. The list goes on and on. But this is now the norm.
When you get down on street level. There seems to be sadness, depression, anger or general unhappiness in the air. not much optimism. Some people seem grumpy and rude. Others have this look on their face like they are trying to figure out a way to be pestilent. Just because they can. When it would take no more or even less effort to somewhat cordial. People just groping to get by. People are sitting there staring at their phones. Like a baby with a pacifier. As a whole most people just do not seem to be very happy.
Most everyone seems to be living hand to mouth. That is the new norm in this good economy. Younger people do not have a lot of goals. Just plug on through life. Take what they can get when they can get it. Considering this is as good as it gets.
Just today there is an article on MSN about the solid economy. Next to it there is another saying Cisco is laying off 6000 workers. Why is the stock market so high? European Union countries today reported negative statistics on their economies. Even Germany, France and Italy are among the many.
The early eighties suffered from a bad economy. Interest rates for borrowing with good credit were 18% to 21%. But banks were paying high savings rates. Business and home construction came to a standstill. Automobile and durable goods purchased dropped way off. people were out of work. Picking up aluminum cans along the road. Taking anything they could get for work. Joining the military for a job. Telephones hung on the wall then connected to a wire. And unless you made long distance calls were cheap. Most still watched over the air TV. So no cell phone or cable bill to worry about. But if you did have cable you could get all these cool channels like CNN, Showtime, HBO, TBS, WGN and MTV. A real treat then. Cable companies were providing jobs as they had to run the cable, install it in your home. And sell it, collect the payment etc. Bottom line though the economy did not start to do much better until about 1985 when they loosened up on credit and lowered interest rates.
Go back to the Great Depression that started in 1929 and lasted till basically World War 2. It did however let up some in the late 1930s. After World War 1 there was a slight blip in the economy. A million troops home wanting a job. At that time however many came from family farms and simply went home to their family. World War 1 was a modern war. A lot of new technology. Although the American Civil War was probably the first modern war. With the advent of the Industrial Revolution many started to work in factories. Living in cities where the factories where located. The consumer was invented. People were living in apartments in a city working at a factory. The food you ate no longer came from the family farm. But stores. You most likely could not afford to eat every meal out in a restaurant. So you needed appliances. Something to cook with. And something to preserve your food you bought at the store. You did not eat much canned products as your family on the farm did. So you needed an ice box. Well the enterprising Americans came up with all these great appliances so you could get by. Knowing that you could not afford to buy one of these great new appliances outright (cash) they came up with consumer credit. Rolling the dice that most people would make their payments. The ones that did not were offset by the profit of the ones that did. Then Mr. and Mrs. factory owner says let's go public. Most of the big ones were anyway. They also owned the financial companies that gave you the credit. To take this another step we want to get the working poor involved some more. Offer or dangle a chance to really make some money. We will make shares of stock in our company available to you as a worker. So the stock market went wild. Everybody was making money. And if you did not have the money on hand you could buy it on margin (read credit). After a while everybody had all the appliances they could get. The merry go round came to a halt. Booze was illegal but that didn't seem to stop anyone from drinking. Everyone was a hundred dollar millionaire, on paper at least. Well when that paper became worth nothing a lot of folks lost a lot of money. Perceived money. All of the real owners broke camp and sold while the stocks were still high. Leaving the chumps to be stuck with what would eventually be worthless paper.
Initially President Hoover gave money to the factories. As a pretty good President this was not the answer. FDR came on and ended Prohibition. It seemed like Americans still liked to drink. The American government had no debt at that time. So they started programs. That is what got Americans out of hard times. The government programs sponsored great public works. Like the great dams. The large bridges in San Francisco and New York City. And countless other road and bridge programs throughout the country.
The unemployment rate was above 25%. The younger people then were having the children that are in there late 70s to 90s now. Known as the The Greatest Generation. Not only did they get to grow up in the hardest of economic times. They had the opportunity to participate in World War 2. Which as a whole could be considered the largest human event. Much of the world today is still a ramification of that human event.
After the war and shortly afterward the participants in the conflict were thrown back into the reality of having to find a job. Many of the heroes at war were just flunkies in the workplace. As the factories started switching from producing wartime material there was another adjustment in the workforce. A lot of women were working in the factories while the men were sent to war. Most of the women had the opportunity to go back to the house. As the men could go back to work in factories. Everybody who wanted one needed a house. And to fill the house with all the modern appliances. And the start of modern home life was established.
The factories turned out washing machines, dryers, stoves and refrigerators. The television had actually been around since the late 1920s. But only the very wealthy had the luxury watching a few experimental stations around the country. So this is when the TV became a big part of our lives. So you got your little house. With your little family. And were on your way. Establishing a lifestyle that is now starting to deteriorate after about sixty years. It spawned the Baby Boomer Generation. It was not however without its own problems. There was a Cold War going on. That got hot in 1950. Called the Korean War. Eventually leading to the Viet Nam War. Another chance for the big powers to face off. Throughout this time the United States had a good school system. You could actually learn something in high school. For the most part high schools should be able to provide enough education to prepare you for a avocation. Why would you need to go to college to have a retail or service job that requires training for that specific job? It would not mean much. Only people who are going to be professionals in a specific field need to go to college. College has became another high school with which unless you have a specific trade is worthless. It looks good on a resume. But not much else. We need to as a nation to think about doing the best you can do. Not the least. Help each other. Do not fight amongst your selves. We are in the same boat together. Let's make it as pleasant as we can.
These ups and downs have went on since the beginning of the United States. They use to call them panics in the 1800s.
So now our better economy is through easy low interest loans. No interest paid on savings and government support. How much longer can it work? MSN seems to think everything is fine.
Friday, August 15, 2014
Good Economy Vs Bad Economy
What is the difference between a good economy and a bad economy? A lot of it is perception. If we feel it is a good economy it must be a good economy. You feel better about buying things and going in debt. So the ability to spend on things and activities may make for a good economy. So does easy credit make a good economy?
During the mid 2000s the easy credit on homes sparked a construction and home buying boom. Construction workers were making money. Developers. Retail business. But people were racking up debt that they ultimately could not or would not repay. So credit tightened up. Building stopped. People lost jobs. Foreclosures skyrocketed. Banks nearly failed. The merry go round stopped. Governments lost tax revenue.
Jobs that were previously hard to fill suddenly had droves of people turn out to apply. Factories closed. Retailers closed. The government extended unemployment benefits. Investors and retirees seen there assets disappear over night. Those that thought they had a secure future were back to square one.
Fast forward to today. They say the economy is better. Or is it just that we have come to accept the way things are. Savings accounts pay almost nothing. Most do not have any savings anyway as they are living hand to mouth. The number of people on disability and food stamps are through the roof. Making for a lot of people who are permanently unemployed. To a certain extent they have kind of hit the jackpot. Being able to get by without having to have a crummy job. But it is the new norm. This is our better economy.They say the average income is around $50,000. That is about $25 per hour based on 40 hours per week. How many people do you know making $25 per hour? The big money people drive up that average. People making millions, combined with the statistics that probably eliminate about half of the population is where that average comes from. Most workers are in the $10 per hour range.
Grocery, clothing, fuel and services have risen in price. To the young person now nearly $4 a gallon gas seems the usual. $4 a gallon milk and box of cereal. $4 for a 5 pound bag of potatoes. The list goes on and on. But this is now the norm.
When you get down on street level. There seems to be sadness, depression, anger or general unhappiness in the air. not much optimism. Some people seem grumpy and rude. Others have this look on their face like they are trying to figure out a way to be pestilent. Just because they can. When it would take no more or even less effort to somewhat cordial. People just groping to get by. People are sitting there staring at their phones. Like a baby with a pacifier. As a whole most people just do not seem to be very happy.
Most everyone seems to be living hand to mouth. That is the new norm in this good economy. Younger people do not have a lot of goals. Just plug on through life. Take what they can get when they can get it. Considering this is as good as it gets.
Just today there is an article on MSN about the solid economy. Next to it there is another saying Cisco is laying off 6000 workers. Why is the stock market so high? European Union countries today reported negative statistics on their economies. Even Germany, France and Italy are among the many.
The early eighties suffered from a bad economy. Interest rates for borrowing with good credit were 18% to 21%. But banks were paying high savings rates. Business and home construction came to a standstill. Automobile and durable goods purchased dropped way off. people were out of work. Picking up aluminum cans along the road. Taking anything they could get for work. Joining the military for a job. Telephones hung on the wall then connected to a wire. And unless you made long distance calls were cheap. Most still watched over the air TV. So no cell phone or cable bill to worry about. But if you did have cable you could get all these cool channels like CNN, Showtime, HBO, TBS, WGN and MTV. A real treat then. Cable companies were providing jobs as they had to run the cable, install it in your home. And sell it, collect the payment etc. Bottom line though the economy did not start to do much better until about 1985 when they loosened up on credit and lowered interest rates.
Go back to the Great Depression that started in 1929 and lasted till basically World War 2. It did however let up some in the late 1930s. After World War 1 there was a slight blip in the economy. A million troops home wanting a job. At that time however many came from family farms and simply went home to their family. World War 1 was a modern war. A lot of new technology. Although the American Civil War was probably the first modern war. With the advent of the Industrial Revolution many started to work in factories. Living in cities where the factories where located. The consumer was invented. People were living in apartments in a city working at a factory. The food you ate no longer came from the family farm. But stores. You most likely could not afford to eat every meal out in a restaurant. So you needed appliances. Something to cook with. And something to preserve your food you bought at the store. You did not eat much canned products as your family on the farm did. So you needed an ice box. Well the enterprising Americans came up with all these great appliances so you could get by. Knowing that you could not afford to buy one of these great new appliances outright (cash) they came up with consumer credit. Rolling the dice that most people would make their payments. The ones that did not were offset by the profit of the ones that did. Then Mr. and Mrs. factory owner says let's go public. Most of the big ones were anyway. They also owned the financial companies that gave you the credit. To take this another step we want to get the working poor involved some more. Offer or dangle a chance to really make some money. We will make shares of stock in our company available to you as a worker. So the stock market went wild. Everybody was making money. And if you did not have the money on hand you could buy it on margin (read credit). After a while everybody had all the appliances they could get. The merry go round came to a halt. Booze was illegal but that didn't seem to stop anyone from drinking. Everyone was a hundred dollar millionaire, on paper at least. Well when that paper became worth nothing a lot of folks lost a lot of money. Perceived money. All of the real owners broke camp and sold while the stocks were still high. Leaving the chumps to be stuck with what would eventually be worthless paper.
Initially President Hoover gave money to the factories. As a pretty good President this was not the answer. FDR came on and ended Prohibition. It seemed like Americans still liked to drink. The American government had no debt at that time. So they started programs. That is what got Americans out of hard times. The government programs sponsored great public works. Like the great dams. The large bridges in San Francisco and New York City. And countless other road and bridge programs throughout the country.
The unemployment rate was above 25%. The younger people then were having the children that are in there late 70s to 90s now. Known as the The Greatest Generation. Not only did they get to grow up in the hardest of economic times. They had the opportunity to participate in World War 2. Which as a whole could be considered the largest human event. Much of the world today is still a ramification of that human event.
After the war and shortly afterward the participants in the conflict were thrown back into the reality of having to find a job. Many of the heroes at war were just flunkies in the workplace. As the factories started switching from producing wartime material there was another adjustment in the workforce. A lot of women were working in the factories while the men were sent to war. Most of the women had the opportunity to go back to the house. As the men could go back to work in factories. Everybody who wanted one needed a house. And to fill the house with all the modern appliances. And the start of modern home life was established.
The factories turned out washing machines, dryers, stoves and refrigerators. The television had actually been around since the late 1920s. But only the very wealthy had the luxury watching a few experimental stations around the country. So this is when the TV became a big part of our lives. So you got your little house. With your little family. And were on your way. Establishing a lifestyle that is now starting to deteriorate after about sixty years. It spawned the Baby Boomer Generation. It was not however without its own problems. There was a Cold War going on. That got hot in 1950. Called the Korean War. Eventually leading to the Viet Nam War. Another chance for the big powers to face off. Throughout this time the United States had a good school system. You could actually learn something in high school. For the most part high schools should be able to provide enough education to prepare you for a avocation. Why would you need to go to college to have a retail or service job that requires training for that specific job? It would not mean much. Only people who are going to be professionals in a specific field need to go to college. College has became another high school with which unless you have a specific trade is worthless. It looks good on a resume. But not much else. We need to as a nation to think about doing the best you can do. Not the least. Help each other. Do not fight amongst your selves. We are in the same boat together. Let's make it as pleasant as we can.
These ups and downs have went on since the beginning of the United States. They use to call them panics in the 1800s.
So now our better economy is through easy low interest loans. No interest paid on savings and government support. How much longer can it work? MSN seems to think everything is fine.
During the mid 2000s the easy credit on homes sparked a construction and home buying boom. Construction workers were making money. Developers. Retail business. But people were racking up debt that they ultimately could not or would not repay. So credit tightened up. Building stopped. People lost jobs. Foreclosures skyrocketed. Banks nearly failed. The merry go round stopped. Governments lost tax revenue.
Jobs that were previously hard to fill suddenly had droves of people turn out to apply. Factories closed. Retailers closed. The government extended unemployment benefits. Investors and retirees seen there assets disappear over night. Those that thought they had a secure future were back to square one.
Fast forward to today. They say the economy is better. Or is it just that we have come to accept the way things are. Savings accounts pay almost nothing. Most do not have any savings anyway as they are living hand to mouth. The number of people on disability and food stamps are through the roof. Making for a lot of people who are permanently unemployed. To a certain extent they have kind of hit the jackpot. Being able to get by without having to have a crummy job. But it is the new norm. This is our better economy.They say the average income is around $50,000. That is about $25 per hour based on 40 hours per week. How many people do you know making $25 per hour? The big money people drive up that average. People making millions, combined with the statistics that probably eliminate about half of the population is where that average comes from. Most workers are in the $10 per hour range.
Grocery, clothing, fuel and services have risen in price. To the young person now nearly $4 a gallon gas seems the usual. $4 a gallon milk and box of cereal. $4 for a 5 pound bag of potatoes. The list goes on and on. But this is now the norm.
When you get down on street level. There seems to be sadness, depression, anger or general unhappiness in the air. not much optimism. Some people seem grumpy and rude. Others have this look on their face like they are trying to figure out a way to be pestilent. Just because they can. When it would take no more or even less effort to somewhat cordial. People just groping to get by. People are sitting there staring at their phones. Like a baby with a pacifier. As a whole most people just do not seem to be very happy.
Most everyone seems to be living hand to mouth. That is the new norm in this good economy. Younger people do not have a lot of goals. Just plug on through life. Take what they can get when they can get it. Considering this is as good as it gets.
Just today there is an article on MSN about the solid economy. Next to it there is another saying Cisco is laying off 6000 workers. Why is the stock market so high? European Union countries today reported negative statistics on their economies. Even Germany, France and Italy are among the many.
The early eighties suffered from a bad economy. Interest rates for borrowing with good credit were 18% to 21%. But banks were paying high savings rates. Business and home construction came to a standstill. Automobile and durable goods purchased dropped way off. people were out of work. Picking up aluminum cans along the road. Taking anything they could get for work. Joining the military for a job. Telephones hung on the wall then connected to a wire. And unless you made long distance calls were cheap. Most still watched over the air TV. So no cell phone or cable bill to worry about. But if you did have cable you could get all these cool channels like CNN, Showtime, HBO, TBS, WGN and MTV. A real treat then. Cable companies were providing jobs as they had to run the cable, install it in your home. And sell it, collect the payment etc. Bottom line though the economy did not start to do much better until about 1985 when they loosened up on credit and lowered interest rates.
Go back to the Great Depression that started in 1929 and lasted till basically World War 2. It did however let up some in the late 1930s. After World War 1 there was a slight blip in the economy. A million troops home wanting a job. At that time however many came from family farms and simply went home to their family. World War 1 was a modern war. A lot of new technology. Although the American Civil War was probably the first modern war. With the advent of the Industrial Revolution many started to work in factories. Living in cities where the factories where located. The consumer was invented. People were living in apartments in a city working at a factory. The food you ate no longer came from the family farm. But stores. You most likely could not afford to eat every meal out in a restaurant. So you needed appliances. Something to cook with. And something to preserve your food you bought at the store. You did not eat much canned products as your family on the farm did. So you needed an ice box. Well the enterprising Americans came up with all these great appliances so you could get by. Knowing that you could not afford to buy one of these great new appliances outright (cash) they came up with consumer credit. Rolling the dice that most people would make their payments. The ones that did not were offset by the profit of the ones that did. Then Mr. and Mrs. factory owner says let's go public. Most of the big ones were anyway. They also owned the financial companies that gave you the credit. To take this another step we want to get the working poor involved some more. Offer or dangle a chance to really make some money. We will make shares of stock in our company available to you as a worker. So the stock market went wild. Everybody was making money. And if you did not have the money on hand you could buy it on margin (read credit). After a while everybody had all the appliances they could get. The merry go round came to a halt. Booze was illegal but that didn't seem to stop anyone from drinking. Everyone was a hundred dollar millionaire, on paper at least. Well when that paper became worth nothing a lot of folks lost a lot of money. Perceived money. All of the real owners broke camp and sold while the stocks were still high. Leaving the chumps to be stuck with what would eventually be worthless paper.
Initially President Hoover gave money to the factories. As a pretty good President this was not the answer. FDR came on and ended Prohibition. It seemed like Americans still liked to drink. The American government had no debt at that time. So they started programs. That is what got Americans out of hard times. The government programs sponsored great public works. Like the great dams. The large bridges in San Francisco and New York City. And countless other road and bridge programs throughout the country.
The unemployment rate was above 25%. The younger people then were having the children that are in there late 70s to 90s now. Known as the The Greatest Generation. Not only did they get to grow up in the hardest of economic times. They had the opportunity to participate in World War 2. Which as a whole could be considered the largest human event. Much of the world today is still a ramification of that human event.
After the war and shortly afterward the participants in the conflict were thrown back into the reality of having to find a job. Many of the heroes at war were just flunkies in the workplace. As the factories started switching from producing wartime material there was another adjustment in the workforce. A lot of women were working in the factories while the men were sent to war. Most of the women had the opportunity to go back to the house. As the men could go back to work in factories. Everybody who wanted one needed a house. And to fill the house with all the modern appliances. And the start of modern home life was established.
The factories turned out washing machines, dryers, stoves and refrigerators. The television had actually been around since the late 1920s. But only the very wealthy had the luxury watching a few experimental stations around the country. So this is when the TV became a big part of our lives. So you got your little house. With your little family. And were on your way. Establishing a lifestyle that is now starting to deteriorate after about sixty years. It spawned the Baby Boomer Generation. It was not however without its own problems. There was a Cold War going on. That got hot in 1950. Called the Korean War. Eventually leading to the Viet Nam War. Another chance for the big powers to face off. Throughout this time the United States had a good school system. You could actually learn something in high school. For the most part high schools should be able to provide enough education to prepare you for a avocation. Why would you need to go to college to have a retail or service job that requires training for that specific job? It would not mean much. Only people who are going to be professionals in a specific field need to go to college. College has became another high school with which unless you have a specific trade is worthless. It looks good on a resume. But not much else. We need to as a nation to think about doing the best you can do. Not the least. Help each other. Do not fight amongst your selves. We are in the same boat together. Let's make it as pleasant as we can.
These ups and downs have went on since the beginning of the United States. They use to call them panics in the 1800s.
So now our better economy is through easy low interest loans. No interest paid on savings and government support. How much longer can it work? MSN seems to think everything is fine.
Friday, August 8, 2014
World War 3?
Are we heading for World War 3? I sure hope not. But just watch the news. There is definitely something going on. Now we are doing air strikes in Iraq. Israel at it again. World War 1 was started by the assassination of one person. That was just the straw that broke the camels back.
Russia is seeming to be bent on reclaiming it's old empire. Afghanistan will revert back to the way it has been for thousands of years. While we sit back and eat sub sandwiches on food stamps. We are not doing that well folks. Wake up.
In this day and age we should not have to have such conflict. We have put sanctions on Russia. So they just cut off from buying from the West. Cut off the fuel they provide to Europe. See how quickly they align to the hand that feeds them.
As I have posted before. These economies depend upon tourism. The people are just walking around. They work a low paying job. The houses that they live in are hundreds of years old. The streets and cities were built hundreds of years ago. But they survive.
So why are these people fighting? For a cause or belief. A cause or belief in what? What belief could be that strong? I know personally I do not want to mess with anyone or anything when I am off work. So I would think that I am at least something like others.
Why do we spend so much time trying to make others angry at us. Are we maneuvered into this thought process?
All wars end in a negotiation. Let's just put everything on the table. Work it out. Worry about what is going on at your own home. I hope that we can just stop what is going on.
But disease, war and natural disasters have always thinned out the population. If the big guns use their nuclear weapons that will thin us out real quick. It all boils down to global domination and resources. Who will win and what will they win?
Russia is seeming to be bent on reclaiming it's old empire. Afghanistan will revert back to the way it has been for thousands of years. While we sit back and eat sub sandwiches on food stamps. We are not doing that well folks. Wake up.
In this day and age we should not have to have such conflict. We have put sanctions on Russia. So they just cut off from buying from the West. Cut off the fuel they provide to Europe. See how quickly they align to the hand that feeds them.
As I have posted before. These economies depend upon tourism. The people are just walking around. They work a low paying job. The houses that they live in are hundreds of years old. The streets and cities were built hundreds of years ago. But they survive.
So why are these people fighting? For a cause or belief. A cause or belief in what? What belief could be that strong? I know personally I do not want to mess with anyone or anything when I am off work. So I would think that I am at least something like others.
Why do we spend so much time trying to make others angry at us. Are we maneuvered into this thought process?
All wars end in a negotiation. Let's just put everything on the table. Work it out. Worry about what is going on at your own home. I hope that we can just stop what is going on.
But disease, war and natural disasters have always thinned out the population. If the big guns use their nuclear weapons that will thin us out real quick. It all boils down to global domination and resources. Who will win and what will they win?
World War 3?
Are we heading for World War 3? I sure hope not. But just watch the news. There is definitely something going on. Now we are doing air strikes in Iraq. Israel at it again. World War 1 was started by the assassination of one person. That was just the straw that broke the camels back.
Russia is seeming to be bent on reclaiming it's old empire. Afghanistan will revert back to the way it has been for thousands of years. While we sit back and eat sub sandwiches on food stamps. We are not doing that well folks. Wake up.
In this day and age we should not have to have such conflict. We have put sanctions on Russia. So they just cut off from buying from the West. Cut off the fuel they provide to Europe. See how quickly they align to the hand that feeds them.
As I have posted before. These economies depend upon tourism. The people are just walking around. They work a low paying job. The houses that they live in are hundreds of years old. The streets and cities were built hundreds of years ago. But they survive.
So why are these people fighting? For a cause or belief. A cause or belief in what? What belief could be that strong? I know personally I do not want to mess with anyone or anything when I am off work. So I would think that I am at least something like others.
Why do we spend so much time trying to make others angry at us. Are we maneuvered into this thought process?
All wars end in a negotiation. Let's just put everything on the table. Work it out. Worry about what is going on at your own home. I hope that we can just stop what is going on.
But disease, war and natural disasters have always thinned out the population. If the big guns use their nuclear weapons that will thin us out real quick. It all boils down to global domination and resources. Who will win and what will they win?
Russia is seeming to be bent on reclaiming it's old empire. Afghanistan will revert back to the way it has been for thousands of years. While we sit back and eat sub sandwiches on food stamps. We are not doing that well folks. Wake up.
In this day and age we should not have to have such conflict. We have put sanctions on Russia. So they just cut off from buying from the West. Cut off the fuel they provide to Europe. See how quickly they align to the hand that feeds them.
As I have posted before. These economies depend upon tourism. The people are just walking around. They work a low paying job. The houses that they live in are hundreds of years old. The streets and cities were built hundreds of years ago. But they survive.
So why are these people fighting? For a cause or belief. A cause or belief in what? What belief could be that strong? I know personally I do not want to mess with anyone or anything when I am off work. So I would think that I am at least something like others.
Why do we spend so much time trying to make others angry at us. Are we maneuvered into this thought process?
All wars end in a negotiation. Let's just put everything on the table. Work it out. Worry about what is going on at your own home. I hope that we can just stop what is going on.
But disease, war and natural disasters have always thinned out the population. If the big guns use their nuclear weapons that will thin us out real quick. It all boils down to global domination and resources. Who will win and what will they win?
Proctor And Gamble To Cut One Hundred Products
I recently read that Proctor and Gamble is going to cut one hundred products from their line. That sounds like a lot. I didn't even know they made a hundred products.
From what I have read Tide and Pampers are their highest profit items. If you look it up though they really make a lot of things. Gillette, Duracell, health and beauty items. Small appliances. Just about everything you can think of.
But with all this stuff there is a lot of redundancy. So they are trimming down a bit. Just walk through the store. How many choices are there? Way too many for me.
As the economy continues to be down. Although it is not supposed to down according to the news. It is. We have been living in a dream world for too long. The time is coming to rectify the situation.
A recent post about the PBS travel shows should come into play here. These other places do not seem to have much going on except tourism. Their old industries have waned. Whether from an exhaustion of natural resources or lack of profitability. When everyone runs out of money who will be able to be a tourist? Only the mega rich I suppose.
Proctor and Gamble's decision to cut back on products only makes sense. There are just too many specialty items out there that drives up the cost. We are going to see a trend after this move by a large corporation.
Look at automobiles. Years ago if you wanted a small cheap car you bought a Volkswagen. If you wanted a large luxury car you bought a Cadillac or Lincoln. Now virtually every manufacturer makes a economy and a luxury model. As yourself as a person you can't be everything to everyone.
When I go to Walmart I see less and less of their house brand Great Value. Everyone has a generic product these days. Who do you think makes them? The big brand names of course. These generics are cutting into the profit of the name brands that have made them famous.
From what I have read Tide and Pampers are their highest profit items. If you look it up though they really make a lot of things. Gillette, Duracell, health and beauty items. Small appliances. Just about everything you can think of.
But with all this stuff there is a lot of redundancy. So they are trimming down a bit. Just walk through the store. How many choices are there? Way too many for me.
As the economy continues to be down. Although it is not supposed to down according to the news. It is. We have been living in a dream world for too long. The time is coming to rectify the situation.
A recent post about the PBS travel shows should come into play here. These other places do not seem to have much going on except tourism. Their old industries have waned. Whether from an exhaustion of natural resources or lack of profitability. When everyone runs out of money who will be able to be a tourist? Only the mega rich I suppose.
Proctor and Gamble's decision to cut back on products only makes sense. There are just too many specialty items out there that drives up the cost. We are going to see a trend after this move by a large corporation.
Look at automobiles. Years ago if you wanted a small cheap car you bought a Volkswagen. If you wanted a large luxury car you bought a Cadillac or Lincoln. Now virtually every manufacturer makes a economy and a luxury model. As yourself as a person you can't be everything to everyone.
When I go to Walmart I see less and less of their house brand Great Value. Everyone has a generic product these days. Who do you think makes them? The big brand names of course. These generics are cutting into the profit of the name brands that have made them famous.
Proctor And Gamble To Cut One Hundred Products
I recently read that Proctor and Gamble is going to cut one hundred products from their line. That sounds like a lot. I didn't even know they made a hundred products.
From what I have read Tide and Pampers are their highest profit items. If you look it up though they really make a lot of things. Gillette, Duracell, health and beauty items. Small appliances. Just about everything you can think of.
But with all this stuff there is a lot of redundancy. So they are trimming down a bit. Just walk through the store. How many choices are there? Way too many for me.
As the economy continues to be down. Although it is not supposed to down according to the news. It is. We have been living in a dream world for too long. The time is coming to rectify the situation.
A recent post about the PBS travel shows should come into play here. These other places do not seem to have much going on except tourism. Their old industries have waned. Whether from an exhaustion of natural resources or lack of profitability. When everyone runs out of money who will be able to be a tourist? Only the mega rich I suppose.
Proctor and Gamble's decision to cut back on products only makes sense. There are just too many specialty items out there that drives up the cost. We are going to see a trend after this move by a large corporation.
Look at automobiles. Years ago if you wanted a small cheap car you bought a Volkswagen. If you wanted a large luxury car you bought a Cadillac or Lincoln. Now virtually every manufacturer makes a economy and a luxury model. As yourself as a person you can't be everything to everyone.
When I go to Walmart I see less and less of their house brand Great Value. Everyone has a generic product these days. Who do you think makes them? The big brand names of course. These generics are cutting into the profit of the name brands that have made them famous.
From what I have read Tide and Pampers are their highest profit items. If you look it up though they really make a lot of things. Gillette, Duracell, health and beauty items. Small appliances. Just about everything you can think of.
But with all this stuff there is a lot of redundancy. So they are trimming down a bit. Just walk through the store. How many choices are there? Way too many for me.
As the economy continues to be down. Although it is not supposed to down according to the news. It is. We have been living in a dream world for too long. The time is coming to rectify the situation.
A recent post about the PBS travel shows should come into play here. These other places do not seem to have much going on except tourism. Their old industries have waned. Whether from an exhaustion of natural resources or lack of profitability. When everyone runs out of money who will be able to be a tourist? Only the mega rich I suppose.
Proctor and Gamble's decision to cut back on products only makes sense. There are just too many specialty items out there that drives up the cost. We are going to see a trend after this move by a large corporation.
Look at automobiles. Years ago if you wanted a small cheap car you bought a Volkswagen. If you wanted a large luxury car you bought a Cadillac or Lincoln. Now virtually every manufacturer makes a economy and a luxury model. As yourself as a person you can't be everything to everyone.
When I go to Walmart I see less and less of their house brand Great Value. Everyone has a generic product these days. Who do you think makes them? The big brand names of course. These generics are cutting into the profit of the name brands that have made them famous.
Grilled Cheese
How about that old favorite we forget about. The grilled cheese sandwich. Old comfort food we ate as children. Usually with white bread and yellow American cheese. The kind of stuff American households had on hand before we got all fancy. The same sandwich you got in diners and restaurants.
But look at all the different varieties of grilled cheese sandwich are possible. You can change up the bread and kind of cheese. You can even add meat and vegetables.
I am surprised how many people do not think of a grilled cheese sandwich or if they do to change up the cheese. Try a jalapeno monterey jack cheese on a sandwich. Try Swiss cheese. Havarti. Cheddar. Check out boarshead for many choices.
As far as bread goes. I have used white bread and wheat. The wheat bread has fell apart for me. I whole grain bread is said to work fine. I have yet to try that. Also add a cold cut meat. Any kind that you like. You can also add tomatoes and pickles on the side. Add them after the sandwich is done.
To make the basic grilled cheese sandwich. Two pieces of white bread. Two slices of American cheese. Butter the outside of the two pieces of bread. Slick the cheese in the middle. Put it in a pan at medium heat. Check and turn as needed. A nice medium brown on each side is desired. Easy as that.
That same method is used with whatever cheese or bread you use. Maybe I did something wrong, but I have had wheat bread just fall apart. Try it yourself. I may have messed up as I have many times.
Once you get going you can add banana peppers, onions or any vegetable you like. The choices are endless. Just see what you, your friends and family like. And or course that may change. So change.
That old quick meal your mother used to make for you can be something that you can also use for a nice little lunch or supper. I encourage you to go to the Boar's Head website. It has a deli section. You can check out all the meats and cheeses that will work for you. You can also get all the nutritional information you will need to decide which meats or cheeses are right for you.
Meat is becoming very expensive. As it has in years past. A lot of folks are going to a more vegetable based diet. Grilled cheese may be it for you.
But look at all the different varieties of grilled cheese sandwich are possible. You can change up the bread and kind of cheese. You can even add meat and vegetables.
I am surprised how many people do not think of a grilled cheese sandwich or if they do to change up the cheese. Try a jalapeno monterey jack cheese on a sandwich. Try Swiss cheese. Havarti. Cheddar. Check out boarshead for many choices.
As far as bread goes. I have used white bread and wheat. The wheat bread has fell apart for me. I whole grain bread is said to work fine. I have yet to try that. Also add a cold cut meat. Any kind that you like. You can also add tomatoes and pickles on the side. Add them after the sandwich is done.
To make the basic grilled cheese sandwich. Two pieces of white bread. Two slices of American cheese. Butter the outside of the two pieces of bread. Slick the cheese in the middle. Put it in a pan at medium heat. Check and turn as needed. A nice medium brown on each side is desired. Easy as that.
That same method is used with whatever cheese or bread you use. Maybe I did something wrong, but I have had wheat bread just fall apart. Try it yourself. I may have messed up as I have many times.
Once you get going you can add banana peppers, onions or any vegetable you like. The choices are endless. Just see what you, your friends and family like. And or course that may change. So change.
That old quick meal your mother used to make for you can be something that you can also use for a nice little lunch or supper. I encourage you to go to the Boar's Head website. It has a deli section. You can check out all the meats and cheeses that will work for you. You can also get all the nutritional information you will need to decide which meats or cheeses are right for you.
Meat is becoming very expensive. As it has in years past. A lot of folks are going to a more vegetable based diet. Grilled cheese may be it for you.
Grilled Cheese
How about that old favorite we forget about. The grilled cheese sandwich. Old comfort food we ate as children. Usually with white bread and yellow American cheese. The kind of stuff American households had on hand before we got all fancy. The same sandwich you got in diners and restaurants.
But look at all the different varieties of grilled cheese sandwich are possible. You can change up the bread and kind of cheese. You can even add meat and vegetables.
I am surprised how many people do not think of a grilled cheese sandwich or if they do to change up the cheese. Try a jalapeno monterey jack cheese on a sandwich. Try Swiss cheese. Havarti. Cheddar. Check out boarshead for many choices.
As far as bread goes. I have used white bread and wheat. The wheat bread has fell apart for me. I whole grain bread is said to work fine. I have yet to try that. Also add a cold cut meat. Any kind that you like. You can also add tomatoes and pickles on the side. Add them after the sandwich is done.
To make the basic grilled cheese sandwich. Two pieces of white bread. Two slices of American cheese. Butter the outside of the two pieces of bread. Slick the cheese in the middle. Put it in a pan at medium heat. Check and turn as needed. A nice medium brown on each side is desired. Easy as that.
That same method is used with whatever cheese or bread you use. Maybe I did something wrong, but I have had wheat bread just fall apart. Try it yourself. I may have messed up as I have many times.
Once you get going you can add banana peppers, onions or any vegetable you like. The choices are endless. Just see what you, your friends and family like. And or course that may change. So change.
That old quick meal your mother used to make for you can be something that you can also use for a nice little lunch or supper. I encourage you to go to the Boar's Head website. It has a deli section. You can check out all the meats and cheeses that will work for you. You can also get all the nutritional information you will need to decide which meats or cheeses are right for you.
Meat is becoming very expensive. As it has in years past. A lot of folks are going to a more vegetable based diet. Grilled cheese may be it for you.
But look at all the different varieties of grilled cheese sandwich are possible. You can change up the bread and kind of cheese. You can even add meat and vegetables.
I am surprised how many people do not think of a grilled cheese sandwich or if they do to change up the cheese. Try a jalapeno monterey jack cheese on a sandwich. Try Swiss cheese. Havarti. Cheddar. Check out boarshead for many choices.
As far as bread goes. I have used white bread and wheat. The wheat bread has fell apart for me. I whole grain bread is said to work fine. I have yet to try that. Also add a cold cut meat. Any kind that you like. You can also add tomatoes and pickles on the side. Add them after the sandwich is done.
To make the basic grilled cheese sandwich. Two pieces of white bread. Two slices of American cheese. Butter the outside of the two pieces of bread. Slick the cheese in the middle. Put it in a pan at medium heat. Check and turn as needed. A nice medium brown on each side is desired. Easy as that.
That same method is used with whatever cheese or bread you use. Maybe I did something wrong, but I have had wheat bread just fall apart. Try it yourself. I may have messed up as I have many times.
Once you get going you can add banana peppers, onions or any vegetable you like. The choices are endless. Just see what you, your friends and family like. And or course that may change. So change.
That old quick meal your mother used to make for you can be something that you can also use for a nice little lunch or supper. I encourage you to go to the Boar's Head website. It has a deli section. You can check out all the meats and cheeses that will work for you. You can also get all the nutritional information you will need to decide which meats or cheeses are right for you.
Meat is becoming very expensive. As it has in years past. A lot of folks are going to a more vegetable based diet. Grilled cheese may be it for you.
Wednesday, August 6, 2014
Customer Service And Dropping The Ball
When a small pebble hits a lake you see a ripple. How long and how far does that ripple go? To the naked eye not very far usually. But it may go on for infinity. We can get callous and not notice little things like the ripple in the pond. Just because you do not notice it does not mean it isn't there.
The other day there was someone looking for something that we do not usually stock. They insisted that we do and the manager overheard it and got involved. Time for me to bow out. I saw the customer leave thinking that it was rectified. The next day I seen the customer away from work. You would have though the world ended. To them the manger was terrible. They left in tears. They were going to call the store. Blah, blah, blah. Looking at these folks it would appear they would bust you over the head with a pool stick in a crummy bar then to be so sensitive. So you just never know.
Had I just stayed involved could I have just handled and not caused this ripple to occur? Maybe. But I was very busy with three things going on and the manager seen that and tried to take care of it.
So if I had stopped what I was doing, a hard thing to do at the time, I may have rectified that situation. But I could not as I was in the middle of a bunch of things that needed immediate attention.
As clearly represented here the little things can become big things. All of this can go back to an old post on Products Reliability And Happiness.
As customers we have certain expectations for the products and services that we use. Oddly enough as we have became more of a consuming society then one that we produce we have became more picky. You know. The picky teen age kid who has never worked (even around the house) demands the most for the service rendered or products purchased (by mom and dad of course). Although they do not want to lift a finger doing anything. They want you to snap to their whip for them. Check out my post Picky.
It seems like every retailer and service provider are going out of their way to generate new business. Or desperately trying to hold on to what they got. I have just recently read where Protor and Gamble is going to drop one hundred products within the next year. That seems like a lot. Most likely many jobs with that too. Is it to compete? Is there a lot of redundancies? Are they going to have to make products for World War 3? Who knows but that sounds drastic to me.
Just remember the little ripples. As they can go a long way.
The other day there was someone looking for something that we do not usually stock. They insisted that we do and the manager overheard it and got involved. Time for me to bow out. I saw the customer leave thinking that it was rectified. The next day I seen the customer away from work. You would have though the world ended. To them the manger was terrible. They left in tears. They were going to call the store. Blah, blah, blah. Looking at these folks it would appear they would bust you over the head with a pool stick in a crummy bar then to be so sensitive. So you just never know.
Had I just stayed involved could I have just handled and not caused this ripple to occur? Maybe. But I was very busy with three things going on and the manager seen that and tried to take care of it.
So if I had stopped what I was doing, a hard thing to do at the time, I may have rectified that situation. But I could not as I was in the middle of a bunch of things that needed immediate attention.
As clearly represented here the little things can become big things. All of this can go back to an old post on Products Reliability And Happiness.
As customers we have certain expectations for the products and services that we use. Oddly enough as we have became more of a consuming society then one that we produce we have became more picky. You know. The picky teen age kid who has never worked (even around the house) demands the most for the service rendered or products purchased (by mom and dad of course). Although they do not want to lift a finger doing anything. They want you to snap to their whip for them. Check out my post Picky.
It seems like every retailer and service provider are going out of their way to generate new business. Or desperately trying to hold on to what they got. I have just recently read where Protor and Gamble is going to drop one hundred products within the next year. That seems like a lot. Most likely many jobs with that too. Is it to compete? Is there a lot of redundancies? Are they going to have to make products for World War 3? Who knows but that sounds drastic to me.
Just remember the little ripples. As they can go a long way.
Customer Service And Dropping The Ball
When a small pebble hits a lake you see a ripple. How long and how far does that ripple go? To the naked eye not very far usually. But it may go on for infinity. We can get callous and not notice little things like the ripple in the pond. Just because you do not notice it does not mean it isn't there.
The other day there was someone looking for something that we do not usually stock. They insisted that we do and the manager overheard it and got involved. Time for me to bow out. I saw the customer leave thinking that it was rectified. The next day I seen the customer away from work. You would have though the world ended. To them the manger was terrible. They left in tears. They were going to call the store. Blah, blah, blah. Looking at these folks it would appear they would bust you over the head with a pool stick in a crummy bar then to be so sensitive. So you just never know.
Had I just stayed involved could I have just handled and not caused this ripple to occur? Maybe. But I was very busy with three things going on and the manager seen that and tried to take care of it.
So if I had stopped what I was doing, a hard thing to do at the time, I may have rectified that situation. But I could not as I was in the middle of a bunch of things that needed immediate attention.
As clearly represented here the little things can become big things. All of this can go back to an old post on Products Reliability And Happiness.
As customers we have certain expectations for the products and services that we use. Oddly enough as we have became more of a consuming society then one that we produce we have became more picky. You know. The picky teen age kid who has never worked (even around the house) demands the most for the service rendered or products purchased (by mom and dad of course). Although they do not want to lift a finger doing anything. They want you to snap to their whip for them. Check out my post Picky.
It seems like every retailer and service provider are going out of their way to generate new business. Or desperately trying to hold on to what they got. I have just recently read where Protor and Gamble is going to drop one hundred products within the next year. That seems like a lot. Most likely many jobs with that too. Is it to compete? Is there a lot of redundancies? Are they going to have to make products for World War 3? Who knows but that sounds drastic to me.
Just remember the little ripples. As they can go a long way.
The other day there was someone looking for something that we do not usually stock. They insisted that we do and the manager overheard it and got involved. Time for me to bow out. I saw the customer leave thinking that it was rectified. The next day I seen the customer away from work. You would have though the world ended. To them the manger was terrible. They left in tears. They were going to call the store. Blah, blah, blah. Looking at these folks it would appear they would bust you over the head with a pool stick in a crummy bar then to be so sensitive. So you just never know.
Had I just stayed involved could I have just handled and not caused this ripple to occur? Maybe. But I was very busy with three things going on and the manager seen that and tried to take care of it.
So if I had stopped what I was doing, a hard thing to do at the time, I may have rectified that situation. But I could not as I was in the middle of a bunch of things that needed immediate attention.
As clearly represented here the little things can become big things. All of this can go back to an old post on Products Reliability And Happiness.
As customers we have certain expectations for the products and services that we use. Oddly enough as we have became more of a consuming society then one that we produce we have became more picky. You know. The picky teen age kid who has never worked (even around the house) demands the most for the service rendered or products purchased (by mom and dad of course). Although they do not want to lift a finger doing anything. They want you to snap to their whip for them. Check out my post Picky.
It seems like every retailer and service provider are going out of their way to generate new business. Or desperately trying to hold on to what they got. I have just recently read where Protor and Gamble is going to drop one hundred products within the next year. That seems like a lot. Most likely many jobs with that too. Is it to compete? Is there a lot of redundancies? Are they going to have to make products for World War 3? Who knows but that sounds drastic to me.
Just remember the little ripples. As they can go a long way.
Saturday, August 2, 2014
What Would It Be Like To Just Live Life And Only Having To Deal With The Rat Race When You Want?
What would it be like to just live life as you want without having to deal with the rat race? It seems like an impossibility for a lot of us. But you see it everyday.
There are the retired people. Who have worked and saved and can now do what they want within reason. Depending on how much they saved and how well they have taken care of their health and are naturally healthy.
There is also people who have inherited enough money to just live out life as they want. You know. The trust fund babies. Depending to how much they have they can live without hitting a lick. That is if they do not get in trouble or overspend. Fight off bad habits or addiction. Just be pretty mellow. My experience with these folks are if they did not blow through all their money. They guard it carefully. Staying out of trouble. Out of relationships. Under the radar as to not lose what they have and have to go to work. When I was in sales this guy used to come around a few times a week and waste about an hour of my time. Telling me he only had about four million dollars left and has to be careful with it. Wouldn't have to go to work would he. It didn't cost him any money to waste my time as a commissioned sales person. And he knew that if I got too curt he could get me in trouble with management. So he would waste my time until he moved on to the next thing on the agenda. Not a bad way to be.
Then we have to folks getting entitlements. They can just pretty much mosey along at their own pace too. They do not have a great deal of wealth amassed but do have a steady check rolling in. Can't spend a whole lot of money on the big things. But do not have to work either. Still better then beating your brains out and wearing your body out on a low wage job. And still live just as well. Ever better when you take in account you do not have to do anything to do so. Ironically these can be some of the worst people to deal with in retail. As they can kind of rub it in your face.
People with passive incomes can live a pretty nice life too. Maybe it is alimony. Royalties from an invention or song. I have heard that an entertainer gets five cents for every time a song is played on Musak. So take that and multiply every time a song is played in so many places every day. That can really add up. I would like to develop some passive income with this blog. I know that it may never become something to which I could quite my day job. It would however be nice if it would. Others have done it. At this juncture it would be nice to see it at lease augment my income.
This kind of lifestyle is but a pipe dream for most of us. As we have to work a job for a wage or salary. A wage of course is based on an amount paid for an hours work. A salary is on a weekly basis assuming you complete a certain time commitment and expected tasks. This is how 99 percent of us make a living.
So those lucky ones you see just living life are the minority. Who knows? Maybe you will hit the lottery. Be careful though. Most people who hit the lottery are broke soon!
There are the retired people. Who have worked and saved and can now do what they want within reason. Depending on how much they saved and how well they have taken care of their health and are naturally healthy.
There is also people who have inherited enough money to just live out life as they want. You know. The trust fund babies. Depending to how much they have they can live without hitting a lick. That is if they do not get in trouble or overspend. Fight off bad habits or addiction. Just be pretty mellow. My experience with these folks are if they did not blow through all their money. They guard it carefully. Staying out of trouble. Out of relationships. Under the radar as to not lose what they have and have to go to work. When I was in sales this guy used to come around a few times a week and waste about an hour of my time. Telling me he only had about four million dollars left and has to be careful with it. Wouldn't have to go to work would he. It didn't cost him any money to waste my time as a commissioned sales person. And he knew that if I got too curt he could get me in trouble with management. So he would waste my time until he moved on to the next thing on the agenda. Not a bad way to be.
Then we have to folks getting entitlements. They can just pretty much mosey along at their own pace too. They do not have a great deal of wealth amassed but do have a steady check rolling in. Can't spend a whole lot of money on the big things. But do not have to work either. Still better then beating your brains out and wearing your body out on a low wage job. And still live just as well. Ever better when you take in account you do not have to do anything to do so. Ironically these can be some of the worst people to deal with in retail. As they can kind of rub it in your face.
People with passive incomes can live a pretty nice life too. Maybe it is alimony. Royalties from an invention or song. I have heard that an entertainer gets five cents for every time a song is played on Musak. So take that and multiply every time a song is played in so many places every day. That can really add up. I would like to develop some passive income with this blog. I know that it may never become something to which I could quite my day job. It would however be nice if it would. Others have done it. At this juncture it would be nice to see it at lease augment my income.
This kind of lifestyle is but a pipe dream for most of us. As we have to work a job for a wage or salary. A wage of course is based on an amount paid for an hours work. A salary is on a weekly basis assuming you complete a certain time commitment and expected tasks. This is how 99 percent of us make a living.
So those lucky ones you see just living life are the minority. Who knows? Maybe you will hit the lottery. Be careful though. Most people who hit the lottery are broke soon!
What Would It Be Like To Just Live Life And Only Having To Deal With The Rat Race When You Want?
What would it be like to just live life as you want without having to deal with the rat race? It seems like an impossibility for a lot of us. But you see it everyday.
There are the retired people. Who have worked and saved and can now do what they want within reason. Depending on how much they saved and how well they have taken care of their health and are naturally healthy.
There is also people who have inherited enough money to just live out life as they want. You know. The trust fund babies. Depending to how much they have they can live without hitting a lick. That is if they do not get in trouble or overspend. Fight off bad habits or addiction. Just be pretty mellow. My experience with these folks are if they did not blow through all their money. They guard it carefully. Staying out of trouble. Out of relationships. Under the radar as to not lose what they have and have to go to work. When I was in sales this guy used to come around a few times a week and waste about an hour of my time. Telling me he only had about four million dollars left and has to be careful with it. Wouldn't have to go to work would he. It didn't cost him any money to waste my time as a commissioned sales person. And he knew that if I got too curt he could get me in trouble with management. So he would waste my time until he moved on to the next thing on the agenda. Not a bad way to be.
Then we have to folks getting entitlements. They can just pretty much mosey along at their own pace too. They do not have a great deal of wealth amassed but do have a steady check rolling in. Can't spend a whole lot of money on the big things. But do not have to work either. Still better then beating your brains out and wearing your body out on a low wage job. And still live just as well. Ever better when you take in account you do not have to do anything to do so. Ironically these can be some of the worst people to deal with in retail. As they can kind of rub it in your face.
People with passive incomes can live a pretty nice life too. Maybe it is alimony. Royalties from an invention or song. I have heard that an entertainer gets five cents for every time a song is played on Musak. So take that and multiply every time a song is played in so many places every day. That can really add up. I would like to develop some passive income with this blog. I know that it may never become something to which I could quite my day job. It would however be nice if it would. Others have done it. At this juncture it would be nice to see it at lease augment my income.
This kind of lifestyle is but a pipe dream for most of us. As we have to work a job for a wage or salary. A wage of course is based on an amount paid for an hours work. A salary is on a weekly basis assuming you complete a certain time commitment and expected tasks. This is how 99 percent of us make a living.
So those lucky ones you see just living life are the minority. Who knows? Maybe you will hit the lottery. Be careful though. Most people who hit the lottery are broke soon!
There are the retired people. Who have worked and saved and can now do what they want within reason. Depending on how much they saved and how well they have taken care of their health and are naturally healthy.
There is also people who have inherited enough money to just live out life as they want. You know. The trust fund babies. Depending to how much they have they can live without hitting a lick. That is if they do not get in trouble or overspend. Fight off bad habits or addiction. Just be pretty mellow. My experience with these folks are if they did not blow through all their money. They guard it carefully. Staying out of trouble. Out of relationships. Under the radar as to not lose what they have and have to go to work. When I was in sales this guy used to come around a few times a week and waste about an hour of my time. Telling me he only had about four million dollars left and has to be careful with it. Wouldn't have to go to work would he. It didn't cost him any money to waste my time as a commissioned sales person. And he knew that if I got too curt he could get me in trouble with management. So he would waste my time until he moved on to the next thing on the agenda. Not a bad way to be.
Then we have to folks getting entitlements. They can just pretty much mosey along at their own pace too. They do not have a great deal of wealth amassed but do have a steady check rolling in. Can't spend a whole lot of money on the big things. But do not have to work either. Still better then beating your brains out and wearing your body out on a low wage job. And still live just as well. Ever better when you take in account you do not have to do anything to do so. Ironically these can be some of the worst people to deal with in retail. As they can kind of rub it in your face.
People with passive incomes can live a pretty nice life too. Maybe it is alimony. Royalties from an invention or song. I have heard that an entertainer gets five cents for every time a song is played on Musak. So take that and multiply every time a song is played in so many places every day. That can really add up. I would like to develop some passive income with this blog. I know that it may never become something to which I could quite my day job. It would however be nice if it would. Others have done it. At this juncture it would be nice to see it at lease augment my income.
This kind of lifestyle is but a pipe dream for most of us. As we have to work a job for a wage or salary. A wage of course is based on an amount paid for an hours work. A salary is on a weekly basis assuming you complete a certain time commitment and expected tasks. This is how 99 percent of us make a living.
So those lucky ones you see just living life are the minority. Who knows? Maybe you will hit the lottery. Be careful though. Most people who hit the lottery are broke soon!
Subscribe to:
Posts (Atom)