It’s a common problem in the nooze lately. A story is told with blank objectivity over a few minutes of radio time or a several column inches of newspaper. It may have a decent interjection of context in the form of a short history lesson or a few juicy quotes that allow the participants to describe why they did what they did. Yet, in the end, there seems to be something missing. The story, despite the best efforts of the reporter, still just doesn’t make sense.
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Category Archives: Money
Economics and commerce, all built from scratch.
Spontaneous
A record 4.6 million people are drawing unemployment checks, and as many as 2 million could join them in the next year. That may seem like a Depression to some people, but what we can be sure of is that these losses will not be felt evenly. As companies opt to cut the highest paid workers through buy-outs, you can be sure that the Baby Boomers, ages 45 to 63, will disappear fast than anyone else. That means that one effect we can be sure of is faster generational change.
Ad Value
During a recent marathon of “The Twilight Zone”, my daughter and I saw the classic figure many times over. Not Rod Serling and his smoldering cigarette, but the figure of a driven, successful young man from the black and white world of fifty years ago. Every time a character was given the Zonal treatment for his exhaustion, tension or ennui it was a man who had made it to the top of the leading occupation of the day: Advertising. Clearly, this was what the industrial machine of the USofA’s Baroque Era saw as the pinnacle of success.
On the Margin: Making It
If you’re living on the margin, or may be soon, the amount of income you have may be a fixed number you just have to deal with. It also might be an income much lower than you’re used to if you’re one of the newly unemployed. In this, the fourth installment of the “On the Margin” series, I’ll tell you what I’ve learned when it comes to living without a lot of money. If you have ideas of your own, please share them in the comments.
On the Margin: Work
If you’ve lost your job recently, you may already have a sense of panic or dread about finding work. In this third part outlining what I’ve learned about marginal employment, I hope that you find something interesting and leave some good information for everyone else.