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It’s the Disposable Income, Stupid!

February 26th, 2008 · No Comments

There has been a trio of stories that have come out that point out the economic problem of rising inflation and stagnant wages and their affect on many American households.

First, we have the decline of US teen drivers from about 50% all the way down to 33%.  Then, in a local story, we have Pennsylvania State Senators worried about a dwindling lottery surplus, casting a suspicious eye at currently-being-implemented casinos.  Lastly, there is the NY Times story about the decline of Americans playing golf.

The reason I illustrate these is that there are all examples of items sensitive to Americans disposable income.

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Tags: Economics · Election08 · Government · Politics