I apparently am a member of Generation Grumpy, or those, at least in its original designation as Grumpy Middle, born between 1962 and 1971, and didn’t even know it.
Those of us between 45-54, according to the Chicago Tribune editorial writers, have had “a remarkable mix of boom and bust, pleasure and pain” throughout our adult lives, including multiple recessions (e.g., the 1980 and 1982 double recession) and crashes (e.g., the 1987 stock market collapse), as well as have experienced the effects of globalization and the internet. Moreover, our gains, such as record stock market growth, have been limited by lingering losses, such as years or weak economic and wage growth.
Continue reading “Grumpy and Grumpier”
I wonder how many people voted for Donald Trump and how many were voting for change.
Those who voted for Trump might already be disappointed because he seems to have reversed central campaign positions on the reality of climate change, for example, or prosecuting Hillary Clinton. These people must wonder what, if he feels so little loyalty to campaign positions so soon after the election, else he will do. Continue reading “Our Past and Our Future”
I needed new running shoes for one of my kids, so we went to a nearly big box athletic store. On a whim, I decided to check Amazon with my phone, which offered the same shoes, once taxes were included, for half the price. However, I’ve been wondering, since ordering them online, whether I’m contributing to the demise of local retail.
I apparently am not the only one who is using these online options. Ten million people, according to Amazon, tried its Prime subscription service for the first time this holiday season, and Amazon customers placed ten times the orders with same day shipping this year over last year. At the same time, Amazon shipped to 185 countries this holiday season, and its total US holiday sales with its smartphone app doubled this year. Continue reading “Local Global”