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It's A Good Time To Be A Consumer

It is a good time for consumers. Gasoline prices are down in a way that you can actually notice at the pump, and drivers look forward to filling up. Hard to believe how things have changed in a year!

Interest rates have been low for a long time, which is good for first time buyers, and anyone looking to re-finance.

And a couple of upstart telephone competitors are shaking things up in mobile phone pricing.

As the economists say, the oil price change alone is like a tax break for consumers, and it looks like these changes will keep the economy humming for the coming year. (Although maybe not for the oil company stocks).

The economists are telling us the employment picture is improving, but Shadow Stats is reporting a different story, unemployment is still on the order of 22%, which is a number reminiscent of the Great Depression. Obama… Read More …